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Pension and Postretirement Benefits (Tables)
3 Months Ended
Mar. 31, 2015
Pension Plans  
Components of Net Periodic Benefit Expense

Net periodic pension expense for the three months ended March 31, 2015 and 2014 is presented below (in millions of dollars):

 

     Three Months
Ended March 31, 2015
    Three Months
Ended March 31, 2014
 
     Total     U.S.
Plans
    Int’l.
Plans
    Total     U.S.
Plans
    Int’l.
Plans
 

Service cost

   $ 2.2      $ —        $ 2.2      $ 2.4      $ —        $ 2.4   

Interest cost

     79.9        56.1        23.8        92.3        62.5        29.8   

Expected return on plan assets

     (102.7     (63.7     (39.0     (112.7     (72.0     (40.7

Amortization of prior service (benefit) cost

     (1.1     (.6     (.5     (.3     .2        (.5

Recognized net actuarial loss

     49.6        33.7        15.9        37.8        27.8        10.0   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net periodic pension expense

$ 27.9    $ 25.5    $ 2.4    $ 19.5    $ 18.5    $ 1.0   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
Other Postretirement Benefit Plans  
Components of Net Periodic Benefit Expense

Net periodic postretirement benefit expense for the three months ended March 31, 2015 and 2014 is presented below (in millions of dollars):

 

     Three Months Ended March 31,  
     2015      2014  

Service cost

   $ .1       $ .2   

Interest cost

     1.7         2.0   

Expected return on assets

     (.1      (.1

Amortization of prior service cost

     .3         .4   

Recognized net actuarial loss

     .7         .8   
  

 

 

    

 

 

 

Net periodic postretirement benefit expense

$ 2.7    $ 3.3