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Pension Benefit Obligations
6 Months Ended
Mar. 31, 2014
Pension Benefit Obligations  
Pension Benefit Obligations

7.              Pension Benefit Obligations

 

The following table details the components of net periodic cost for the Company’s pension plans for the three and six months ended March 31, 2014 and 2013:

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

March 31, 2014

 

March 31, 2013

 

March 31, 2014

 

March 31, 2013

 

 

 

U.S.

 

Int’l

 

U.S.

 

Int’l

 

U.S.

 

Int’l

 

U.S.

 

Int’l

 

 

 

(in millions)

 

Components of net periodic (benefit) cost:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service costs

 

$

 

$

0.2

 

$

 

$

0.2

 

$

 

$

0.4

 

$

 

$

0.5

 

Interest cost on projected benefit obligation

 

1.9

 

7.0

 

1.7

 

6.0

 

3.8

 

13.8

 

3.3

 

12.1

 

Expected return on plan assets

 

(2.1

)

(6.5

)

(2.2

)

(5.7

)

(4.2

)

(12.9

)

(4.3

)

(11.5

)

Amortization of prior service costs

 

 

(0.1

)

 

 

 

(0.1

)

 

(0.1

)

Amortization of net loss

 

1.0

 

1.2

 

1.1

 

1.0

 

2.0

 

2.4

 

2.2

 

2.0

 

Settlement loss recognized

 

 

 

 

1.8

 

 

 

 

2.6

 

Net periodic (benefit) cost

 

$

0.8

 

$

1.8

 

$

0.6

 

$

3.3

 

$

1.6

 

$

3.6

 

$

1.2

 

$

5.6

 

 

The total amounts of employer contributions paid for the six months ended March 31, 2014 were $2.3 million for U.S. plans and $8.2 million for non-U.S. plans. The expected remaining scheduled annual employer contributions for the fiscal year ending September 30, 2014 are $2.7 million for U.S. plans and $8.1 million for non-U.S. plans. Included in other long-term liabilities on the Company’s consolidated balance sheet are net pension liabilities of $186.6 million and $192.7 million as of March 31, 2014 and September 30, 2013, respectively.