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Pensions
3 Months Ended
Mar. 31, 2013
Pensions

NOTE 5 – PENSIONS

 

     U.S. Benefit Plans     Non-U.S. Benefit Plan  
     Three Months Ended
March  31,
    Three Months Ended
March  31,
 
(in millions)    2013     2012     2013     2012  

Interest cost

   $ 1.8      $ 1.8      $ 0.6      $ 0.7   

Amortization of actuarial loss

     1.8        1.3        0.2        0.2   

Expected return on plan assets

     (2.2     (2.0     (0.6     (0.6
  

 

 

   

 

 

   

 

 

   

 

 

 

Net postretirement pension expense

   $ 1.4      $ 1.1      $ 0.2      $ 0.3   
  

 

 

   

 

 

   

 

 

   

 

 

 

During the three months ended March 31, 2013, the Company contributed $1.3 million to its U.S. defined benefit plans and $0.4 million to its non-U.S. defined benefit plan. During the comparable prior-year period, the Company contributed $1.2 million to its U.S. defined benefit plan and $1.0 million to its non-U.S. defined benefit plan. The Company expects to contribute up to $6.8 million to the U.S. benefit plan and up to $2.3 million to the non-U.S. benefit plan in 2013.