Quarterly report pursuant to Section 13 or 15(d)

PENSIONS AND OTHER POSTRETIREMENT BENEFITS (Tables)

v3.4.0.3
PENSIONS AND OTHER POSTRETIREMENT BENEFITS (Tables)
3 Months Ended
Mar. 31, 2016
Postemployment Benefits [Abstract]  
Schedule of Net Benefit Costs
The following are the components of defined benefit pension and OPEB expense for the three months ended March 31, 2016 and 2015:
Defined Benefit Pension Expense
 
(In Millions)
 
 
Three Months Ended
March 31,
 
 
2016
 
2015
Service cost
 
$
4.5

 
$
6.3

Interest cost
 
7.5

 
9.4

Expected return on plan assets
 
(13.7
)
 
(14.9
)
Amortization:
 
 
 
 
Prior service costs
 
0.5

 
0.6

Net actuarial loss
 
5.3

 
5.4

    Curtailments/settlements
 

 
0.3

Net periodic benefit cost to continuing operations
 
$
4.1

 
$
7.1


Other Postretirement Benefits Expense
 
(In Millions)
 
Three Months Ended
March 31,
 
2016
 
2015
Service cost
$
0.4

 
$
1.5

Interest cost
2.3

 
3.3

Expected return on plan assets
(4.3
)
 
(4.6
)
Amortization:
 
 
 
Prior service credits
(0.9
)
 
(0.9
)
Net actuarial loss
1.4

 
3.1

Net periodic benefit cost to continuing operations
$
(1.1
)
 
$
2.4