Quarterly report pursuant to Section 13 or 15(d)

BENEFIT PLANS

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BENEFIT PLANS
 9 Months Ended
Sep. 30, 2012
Benefit Plans [Abstract]  
BENEFIT PLANS

7. BENEFIT PLANS

 

We sponsor defined benefit pension plans and defined contribution plans. For additional information about our benefit plans, see Note 11 of the Notes to Consolidated Financial Statements in our 2011 Form 10-K.

 

The following table provides the components of net periodic benefit cost for the three and nine months ended September 30, 2012 and 2011:

 

    Pension Benefits     Other Benefits  
    Three Months Ended September 30,  
    2012     2011     2012     2011  
          (In millions)        
Service cost   $ 1.6     $ 1.6     $ 0.1     $ 0.1  
Interest cost     8.3       8.6       0.3       0.4  
Expected return on plan assets     (11.6 )     (11.6 )     (0.4 )     (0.4 )
Amortization of prior service cost     0.2       0.2       (0.1 )     -  
Recognized actuarial loss     4.0       3.0       0.3       0.3  
Total net periodic benefit cost   $ 2.5     $ 1.8     $ 0.2     $ 0.4  

 

    Pension Benefits     Other Benefits  
    Nine Months Ended September 30,  
    2012     2011     2012     2011  
          (In millions)        
Service cost   $ 4.8     $ 4.8     $ 0.3     $ 0.4  
Interest cost     24.9       25.8       0.9       1.2  
Expected return on plan assets     (34.8 )     (34.9 )     (1.2 )     (1.2 )
Amortization of prior service cost     0.6       0.6       (0.3 )     (0.1 )
Recognized actuarial loss     12.0       9.0       0.9       0.9  
Total net periodic benefit cost   $ 7.5     $ 5.3     $ 0.6     $ 1.2