Quarterly report pursuant to Section 13 or 15(d)

BENEFIT PLANS

v3.5.0.2
BENEFIT PLANS
9 Months Ended
Sep. 30, 2016
Compensation and Retirement Disclosure [Abstract]  
BENEFIT PLANS
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 2015 Form 10-K.

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 nine months ended September 30, 2016 and 2015:
 
 
 
Pension Benefits
 
Other Benefits
 
 
Three Months Ended September 30,
 
 
2016
 
2015
 
2016
 
2015
 
 
(In millions)
Service cost
 
$
0.9

 
$
1.1

 
$
0.1

 
$
0.1

Interest cost
 
8.0

 
7.7

 
0.2

 
0.2

Expected return on plan assets
 
(9.6
)
 
(10.1
)
 
(0.3
)
 
(0.4
)
Amortization of prior service cost
 
0.2

 
0.2

 
(0.3
)
 
(0.3
)
Recognized actuarial loss
 
3.5

 
4.0

 
0.2

 
0.1

Total net periodic benefit cost
 
$
3.0

 
$
2.9

 
$
(0.1
)
 
$
(0.3
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Pension Benefits
 
Other Benefits
 
 
Nine months ended September 30,
 
 
2016
 
2015
 
2016
 
2015
 
 
(In millions)
Service cost
 
$
2.7

 
$
3.3

 
$
0.3

 
$
0.3

Interest cost
 
24.0

 
23.1

 
0.6

 
0.6

Expected return on plan assets
 
(28.8
)
 
(30.1
)
 
(0.9
)
 
(1.2
)
Amortization of prior service cost
 
0.6

 
0.6

 
(0.9
)
 
(0.9
)
Recognized actuarial loss
 
10.5

 
12.0

 
0.6

 
0.3

Total net periodic benefit cost
 
$
9.0

 
$
8.9

 
$
(0.3
)
 
$
(0.9
)