PENSIONS

The following table summarizes the components of net postretirement pension expense:



	U.S. Benefit Plan												Non-U.S. Benefit Plans
	Three Months Ended September 30,						Nine Months Ended September 30,						Three Months Ended September 30,						Nine Months Ended September 30,
(in millions)	2014			2013			2014			2013			2014			2013			2014			2013
Service cost	$	—		$	—		$	—		$	—		$	0.1		$	—		$	0.3		$	0.1
Interest cost	2.0			1.8			5.9			5.5			0.7			0.7			2.0			1.9
Amortization of actuarial loss	1.3			1.9			3.8			5.6			0.1			0.2			0.3			0.6
Expected return on plan assets	(2.3		)	(2.2		)	(6.8		)	(6.6		)	(0.9		)	(0.6		)	(2.7		)	(1.9		)
Net postretirement pension expense (benefit)	$	1.0		$	1.5		$	2.9		$	4.5		$	—		$	0.3		$	(0.1	)	$	0.7

During the nine months ended September 30, 2014 and 2013, the Company contributed $7.3 million and $5.3 million to its U.S. defined benefit plan, respectively, and $1.0 million and $1.1 million to its non-U.S. defined benefit plans, respectively.

For the year ended December 31, 2014, the Company expects to contribute up to $8.2 million to the U.S. benefit plan and up to $1.3 million to the non-U.S. benefit plans.

During the nine months ended September 30, 2014, the Company repurchased $6.7 million of its common stock from its U.S benefit plan. The repurchases were made under the share repurchase program further outlined in Note 8, Shareholders’ Equity. At September 30, 2014 and December 31, 2013, total assets of the U.S. benefit plan included 0.5 million and 0.9 million of the Company’s common stock shares, valued at $6.4 million and $13.6 million, respectively. The value of the shares was determined using quoted market prices (Level 1 input).