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Post Retirement Benefit Plans
3 Months Ended
Jan. 31, 2015
Postemployment Benefits [Abstract]  
Post Retirement Benefit Plans

NOTE 12 — POST RETIREMENT BENEFIT PLANS

The components of net periodic pension cost include the following (Dollars in millions):

 

     Three months ended  
     January 31,  
     2015      2014  

Service cost

   $ 4.1       $ 3.9   

Interest cost

     7.1         7.4   

Expected return on plan assets

     (8.4      (8.5

Amortization of prior service cost, initial net asset and net actuarial gain

     3.7         2.7   
  

 

 

    

 

 

 

Net periodic pension costs

$ 6.5    $ 5.5   
  

 

 

    

 

 

 

The Company made $3.5 million in pension contributions in the three months ended January 31, 2015. The Company estimates $14.2 million of pension contributions for the twelve months ended October 31, 2015.

The components of net periodic cost for postretirement benefits include the following (Dollars in millions):

 

     Three months ended  
     January 31,  
     2015      2014  

Service cost

   $ —         $ —     

Interest cost

     0.2         0.2   

Amortization of prior service cost and recognized actuarial gain

     (0.4      (0.4
  

 

 

    

 

 

 

Net periodic benefit for postretirement benefits

$ (0.2 $ (0.2