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Pension and Post-Retirement Benefit Obligations (Tables)
3 Months Ended
Dec. 31, 2014
Pension and Post-Retirement Benefit Obligations  
Components of net periodic cost for the Company's pension and post-retirement plans

 

 

 

Three Months Ended

 

 

 

December 31, 2014

 

December 31, 2013

 

 

 

U.S.

 

Int’l

 

U.S.

 

Int’l

 

 

 

(in millions)

 

Components of net periodic (benefit) cost:

 

 

 

 

 

 

 

 

 

Service costs

 

$

1.5

 

$

0.3

 

$

 

$

0.2

 

Interest cost on projected benefit obligation

 

6.4

 

11.3

 

1.9

 

6.8

 

Expected return on plan assets

 

(6.7

)

(11.9

)

(2.1

)

(6.4

)

Amortization of prior service cost

 

 

(0.1

)

 

 

Amortization of net loss

 

1.1

 

1.5

 

1.0

 

1.2

 

Settlement loss recognized

 

 

0.4

 

 

 

Net periodic cost

 

$

2.3

 

$

1.5

 

$

0.8

 

$

1.8

 

 

Schedule of expected future benefit payments

The table below provides the expected future benefit payments related to acquired URS pension and post-retirement obligations as of the date of acquisition, in millions:

 

Year Ending September 30

 

U.S.

 

Intl.

 

2015

 

$

40.6 

 

$

16.7 

 

2016

 

26.2 

 

17.2 

 

2017

 

26.8 

 

17.7 

 

2018

 

27.4 

 

18.3 

 

2019

 

27.8 

 

18.9 

 

2020 - 2024

 

144.1 

 

103.5 

 

Total

 

$

292.9 

 

$

192.3