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Employee Retirement Plans (Tables)
12 Months Ended
Dec. 31, 2011
Employee Retirement Plans [Abstract]  
Actuarial Assumptions
                         
    Year Ended December 31,  
    2011     2010     2009  

Assumptions used to determine benefit obligations at the annual measurement date were:

                       

Obligation discount rate

    5.40     5.90     6.10

Compensation increase rate

    3.00     3.00     3.00
       

Assumptions used to determine net periodic benefit costs were:

                       

Obligation discount rate

    5.90     6.10     6.50

Long-term rate of return on plan assets

    7.75     7.75     7.75

Compensation increase rate

    3.00     3.00     4.00
Components of net retirement cost
                         
    Year Ended December 31,  
    2011     2010     2009  
    (in millions)  

Expense Components

                       

Service cost

  $ 0.8     $ 0.9     $ 3.0  

Interest

    19.6       18.7       19.7  

Expected return on plan assets

    (22.8     (20.1     (15.7

Amortization and deferral:

                       

Actuarial loss

    1.8       1.9       4.2  

Prior service cost

    0.1       0.1       0.1  

Other

          0.2       (0.4
   

 

 

   

 

 

   

 

 

 

Defined benefit expense

    (0.5     1.7       10.9  

Profit sharing

    9.3       8.3       7.6  
   

 

 

   

 

 

   

 

 

 

Net expense

  $ 8.8     $ 10.0     $ 18.5  
   

 

 

   

 

 

   

 

 

 
Obligations and Funded Status
                 
    Year Ended December 31,  
    2011     2010  
    (in millions)  

Accumulated Benefit Obligations

  $ 364.8     $ 335.7  
   

 

 

   

 

 

 

Projected Benefit Obligations:

               

Beginning of year

  $ 335.8     $ 326.1  

Service cost

    0.8       0.9  

Interest

    19.6       18.7  

Benefits paid

    (14.7     (12.9

Actuarial loss

    23.3       3.3  

Amendments

          0.2  

Settlements

          (0.5
   

 

 

   

 

 

 

End of year

  $ 364.8     $ 335.8  
   

 

 

   

 

 

 

Plans’ Assets:

               

Beginning of year

  $ 291.1     $ 257.6  

Actual return on assets

    (1.2     35.3  

Employer contributions

    15.4       11.6  

Benefits paid

    (14.7     (12.9

Settlements

          (0.5
           

 

 

 

End of year

  $ 290.6     $ 291.1  
   

 

 

   

 

 

 

Consolidated Balance Sheet Components:

               

Funded status

  $ (74.2   $ (44.7
   

 

 

   

 

 

 
Amounts Recognized in Other Comprehensive Income (Loss)
                         
    Year Ended December 31,  
    2011     2010     2009  
    (in millions)  
       

Actuarial gain (loss)

  $ (47.3   $ 11.9     $ 18.7  

Amortization of actuarial loss

    1.7       1.9       4.2  

Amortization of prior service cost

    0.1       0.1       0.1  

Other

          (0.2      

Curtailments

                33.5  

Settlements

          0.2        
   

 

 

   

 

 

   

 

 

 

Total before income taxes

    (45.5     13.9       56.5  

Income tax expense (benefit)

    (16.9     5.2       20.9  
   

 

 

   

 

 

   

 

 

 

Net amount recognized in other comprehensive income (loss)

  $ (28.6   $ 8.7     $ 35.6  
   

 

 

   

 

 

   

 

 

 
Estimated fair value of plan assets
                         
    Target
Allocation
    December 31,
2011
    December 31,
2010
 

Cash and cash equivalents

            3     1

Equity securities

    55-65     66       68  

Debt securities

    35-45     31       31  
           

 

 

   

 

 

 

Total

            100     100
           

 

 

   

 

 

 
Benefit payments expected to be paid in future
                                 
    Fair Value Measurement as of
December 31, 2011
 
    (in millions)  
    Level 1     Level 2     Level 3     Total  

Temporary cash investments

  $ 9.7     $     $     $ 9.7  

Common trust funds

          207.4             207.4  

Registered investment companies

    73.5                   73.5  
   

 

 

   

 

 

   

 

 

   

 

 

 
    $ 83.2     $ 207.4     $     $ 290.6  
   

 

 

   

 

 

   

 

 

   

 

 

 

 

                                 
    Fair Value Measurement as of
December 31, 2010
 
    (in millions)  
    Level 1     Level 2     Level 3     Total  

Temporary cash investments

  $ 3.5     $     $     $ 3.5  

Common trust funds

          210.3             210.3  

Registered investment companies

    71.7                   71.7  

Corporate stock

    2.9                   2.9  

Corporate bonds

    2.0                   2.0  

U.S. government obligations

    0.7                   0.7  
   

 

 

   

 

 

   

 

 

   

 

 

 
    $ 80.8     $ 210.3     $     $ 291.1