Note 10: Pension Plans

Snap-on’s net periodic pension cost included the following components:


	Three Months Ended
(Amounts in millions)	March 29, 2014			March 30, 2013
Service cost	$	4.8		$	5.6
Interest cost		14.3			12.8
Expected return on plan assets		(18.2	)		(17.5	)
Amortization of unrecognized loss		5.4			9.7
Amortization of prior service credit		(0.2	)		(0.2	)

Net periodic pension cost	$	6.1		$	10.4

Snap-on intends to make contributions of $11.0 million to its foreign pension plans and $1.8 million to its domestic pension plans in 2014, as required by law. Depending on market and other conditions, Snap-on may elect to make discretionary cash contributions to its pension plans in 2014.