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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)
6 Months Ended
Jun. 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 six months ended June听30, 2014 and 2013:
Defined Benefit Pension Expense
(In Millions)
Three Months Ended
June 30,
Six Months Ended
June 30,
2014
2013
2014
2013
Service cost
$
7.9

$
9.7

$
15.9

$
19.6

Interest cost
12.5

11.7

25.0

23.2

Expected return on plan assets
(18.0
)
(20.0
)
(36.0
)
(33.1
)
Amortization:
Prior service costs
6.5

0.8

7.2

1.5

Net actuarial (gain) loss
(2.3
)
8.2

1.3

15.0

听听听听Curtailments/settlements
$
0.9

$
鈥�

1.2

鈥�

Net periodic benefit cost
$
7.5

$
10.4

$
14.6

$
26.2


Other Postretirement Benefits Expense
(In Millions)
Three Months Ended
June 30,
Six Months Ended
June 30,
2014
2013
2014
2013
Service cost
$
2.0

$
3.1

$
4.0

$
6.2

Interest cost
4.1

4.4

8.1

8.7

Expected return on plan assets
(4.3
)
(5.0
)
(8.6
)
(10.0
)
Amortization:
Prior service costs
(0.9
)
(0.9
)
(1.8
)
(1.8
)
Net actuarial loss
1.1

3.0

2.3

5.8

Net periodic benefit cost
$
2.0

$
4.6

$
4.0

$
8.9