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Pension and Other Postretirement Benefits | 6 Months Ended
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Jun. 29, 2013
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract] |
Postretirement Benefits | Note 15 – Pension and Other Postretirement Benefits The Company has defined contribution plans, qualified and nonqualified defined benefit pension plans, and other postretirement benefit plans covering substantially all of its employees. The Company's contributions to its defined contribution plans are largely discretionary and are based on various percentages of compensation, and in some instances are based on the amount of the employees' contributions to the plans. See Note 16 to the consolidated financial statements in the Company's 2012 Form 10-K for further details regarding these plans. Pension and other postretirement benefit costs included the following components for the three months ended June 29, 2013 and June 30, 2012:
| Pension Benefits |  | Other Postretirement Benefits
| Three Months Ended |  | Three Months Ended
(in millions) | June 29, 2013 |  | June 30, 2012 |  | June 29, 2013 |  | June 30, 2012
Service cost | $ | 0.1 |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Interest cost | 13.5 |  |  | 14.4 |  |  | 0.5 |  |  | 0.7 |
Expected return on plan assets | (14.2 | ) |  | (13.8 | ) |  | — |  |  | — |
Amortization of prior service credits | — |  |  | — |  |  | (1.5 | ) |  | (1.5 | )
Amortization of net actuarial losses | 5.3 |  |  | 5.5 |  |  | 0.3 |  |  | 0.5 |
Net pension and other benefit costs | $ | 4.7 |  |  | $ | 6.1 |  |  | $ | (0.7 | ) |  | $ | (0.3 | )
Pension and other postretirement benefit costs included the following components for the six months ended June 29, 2013 and June 30, 2012:
| Pension Benefits |  | Other Postretirement Benefits
| Six Months Ended |  | Six Months Ended
(in millions) | June 29, 2013 |  | June 30, 2012 |  | June 29, 2013 |  | June 30, 2012
Service cost | $ | 0.1 |  |  | $ | 0.1 |  |  | $ | — |  |  | $ | — |
Interest cost | 27.0 |  |  | 28.8 |  |  | 1.0 |  |  | 1.4 |
Expected return on plan assets | (28.5 | ) |  | (27.6 | ) |  | — |  |  | — |
Amortization of prior service credits | — |  |  | — |  |  | (2.9 | ) |  | (3.1 | )
Amortization of net actuarial losses | 10.7 |  |  | 11.0 |  |  | 0.6 |  |  | 1.1 |
Net pension and other benefit costs | $ | 9.3 |  |  | $ | 12.3 |  |  | $ | (1.3 | ) |  | $ | (0.6 | )
Portions of Net pension and other benefit costs are capitalized into inventory and recorded in Cost of sales and Selling, general and administrative expenses in the Condensed Consolidated Statements of Comprehensive Income. Employer Contributions and Benefit Payments. During the six months ended June 29, 2013 and June 30, 2012, the Company contributed $1.5 million and $1.7 million, respectively, to fund benefit payments to its nonqualified pension plan. During the six months ended June 29, 2013 and June 30, 2012, the Company contributed $10.8 million and $20.0 million to its qualified pension plans, respectively. Company contributions are subject to change based on market conditions, pension funding regulations and Company discretion.

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- Definition The entire disclosure for pension and other postretirement benefits. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -URI http://asc.fasb.org/topic&trid=2235017 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Implementation Guide (Q and A) -Number FAS88 -Paragraph 63 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. 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