Quarterly report pursuant to Section 13 or 15(d)

BENEFIT PLANS (Tables)

v3.7.0.1
BENEFIT PLANS (Tables)
 6 Months Ended
Jun. 30, 2017
Retirement Benefits [Abstract]  
Components of Net Periodic Benefit Cost
The following table provides the components of net periodic benefit cost, included in selling, general and administrative expenses in the Consolidated Statements of Income, for the three and six months ended June 30, 2017 and 2016:
 
 
 
Pension Benefits
 
Other Benefits
 
 
Three Months Ended June 30,
 
 
2017
 
2016
 
2017
 
2016
 
 
(In millions)
Service cost
 
$
1.0

 
$
0.9

 
$
0.1

 
$
0.1

Interest cost
 
7.1

 
8.0

 
0.2

 
0.2

Expected return on plan assets
 
(9.3
)
 
(9.6
)
 
(0.3
)
 
(0.3
)
Amortization of prior service cost
 
0.2

 
0.2

 
(0.3
)
 
(0.3
)
Recognized actuarial loss
 
3.8

 
3.5

 
0.4

 
0.2

Total net periodic benefit cost
 
$
2.8

 
$
3.0

 
$
0.1

 
$
(0.1
)

 
 
Pension Benefits
 
Other Benefits
 
 
Six months ended June 30,
 
 
2017
 
2016
 
2017
 
2016
 
 
(In millions)
Service cost
 
$
2.0

 
$
1.8

 
$
0.2

 
$
0.2

Interest cost
 
14.2

 
16.0

 
0.4

 
0.4

Expected return on plan assets
 
(18.6
)
 
(19.2
)
 
(0.6
)
 
(0.6
)
Amortization of prior service cost
 
0.4

 
0.4

 
(0.6
)
 
(0.6
)
Recognized actuarial loss
 
7.6

 
7.0

 
0.8

 
0.4

Total net periodic benefit cost
 
$
5.6

 
$
6.0

 
$
0.2

 
$
(0.2
)