Quarterly report pursuant to Section 13 or 15(d)

PENSIONS AND OTHER POSTRETIREMENT BENEFITS (Tables)

v2.4.0.8
PENSIONS AND OTHER POSTRETIREMENT BENEFITS (Tables)
 9 Months Ended
Sep. 30, 2014
Postemployment Benefits [Abstract]  
Schedule of Net Benefit Costs [Table Text Block]
The following are the components of defined benefit pension and OPEB expense for the three and nine months ended September 30, 2014 and 2013:
Defined Benefit Pension Expense
 
(In Millions)
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2014
 
2013
 
2014
 
2013
Service cost
$
7.3

 
$
9.6

 
$
23.2

 
$
29.2

Interest cost
12.4

 
11.2

 
37.4

 
34.4

Expected return on plan assets
(18.1
)
 
(16.2
)
 
(54.1
)
 
(49.3
)
Amortization:
 
 
 
 
 
 
 
Prior service costs
0.7

 
0.8

 
2.0

 
2.3

Net actuarial (gain) loss
3.3

 
7.5

 
10.5

 
22.5

    Curtailments/settlements
1.7

 
$
—

 
2.9

 
—

Net periodic benefit cost
$
7.3

 
$
12.9

 
$
21.9

 
$
39.1


Other Postretirement Benefits Expense
 
(In Millions)
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2014
 
2013
 
2014
 
2013
Service cost
$
2.1

 
$
3.0

 
$
6.1

 
$
9.2

Interest cost
4.0

 
4.3

 
12.1

 
13.0

Expected return on plan assets
(4.2
)
 
(5.0
)
 
(12.8
)
 
(15.0
)
Amortization:
 
 
 
 
 
 
 
Prior service costs
(0.9
)
 
(0.9
)
 
(2.7
)
 
(2.7
)
Net actuarial loss
1.2

 
2.9

 
3.5

 
8.7

Net periodic benefit cost
$
2.2

 
$
4.3

 
$
6.2

 
$
13.2