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Employee Benefit Plans
 9 Months Ended
Sep. 30, 2016
Compensation And Retirement Disclosure [Abstract]  
Employee Benefit Plans

Note 9 - Employee benefit plans:

Defined benefit plans - The components of net periodic defined benefit pension cost are presented in the table below.

 

Three months ended

 

 

Nine months ended

 

 

September 30,

 

 

September 30,

 

 

2015

 

 

2016

 

 

2015

 

 

2016

 

 

(In millions)

 

Service cost

$

2.8

 

 

$

2.5

 

 

$

8.4

 

 

$

7.5

 

Interest cost

 

3.8

 

 

 

3.9

 

 

 

11.6

 

 

 

11.6

 

Expected return on plan assets

 

(4.4

)

 

 

(3.9

)

 

 

(13.4

)

 

 

(11.6

)

Amortization of prior service cost

 

.2

 

 

 

.1

 

 

 

.6

 

 

 

.2

 

Recognized actuarial losses

 

3.4

 

 

 

2.9

 

 

 

10.3

 

 

 

8.9

 

Total

$

5.8

 

 

$

5.5

 

 

$

17.5

 

 

$

16.6

 

 

Postretirement benefits - The components of net periodic postretirement benefits other than pension (OPEB) cost are presented in the table below.  

 

Three months ended

 

 

Nine months ended

 

 

September 30,

 

 

September 30,

 

 

2015

 

 

2016

 

 

2015

 

 

2016

 

 

(In millions)

 

Service cost

$

-

 

 

$

-

 

 

$

.1

 

 

$

.1

 

Interest cost

 

.1

 

 

 

.1

 

 

 

.2

 

 

 

.2

 

Amortization of prior service credit

 

(.2

)

 

 

(.2

)

 

 

(.6

)

 

 

(.6

)

Recognized actuarial loss

 

.1

 

 

 

.1

 

 

 

.2

 

 

 

.2

 

Total

$

-

 

 

$

-

 

 

$

(.1

)

 

$

(.1

)

 Contributions - We expect our 2016 contributions for our pension and other postretirement plans to be approximately $16 million.