Quarterly report pursuant to Section 13 or 15(d)

PENSIONS AND OTHER POSTRETIREMENT BENEFITS (Tables)

v2.4.0.8
PENSIONS AND OTHER POSTRETIREMENT BENEFITS (Tables)
 6 Months Ended
Jun. 30, 2014
Postemployment Benefits [Abstract]  
Schedule of Net Benefit Costs [Table Text Block]
The following are the components of defined benefit pension and OPEB expense for the three and six months ended June 30, 2014 and 2013:
Defined Benefit Pension Expense
 
(In Millions)
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2014
 
2013
 
2014
 
2013
Service cost
$
7.9

 
$
9.7

 
$
15.9

 
$
19.6

Interest cost
12.5

 
11.7

 
25.0

 
23.2

Expected return on plan assets
(18.0
)
 
(20.0
)
 
(36.0
)
 
(33.1
)
Amortization:
 
 
 
 
 
 
 
Prior service costs
6.5

 
0.8

 
7.2

 
1.5

Net actuarial (gain) loss
(2.3
)
 
8.2

 
1.3

 
15.0

    Curtailments/settlements
$
0.9

 
$
—

 
1.2

 
—

Net periodic benefit cost
$
7.5

 
$
10.4

 
$
14.6

 
$
26.2


Other Postretirement Benefits Expense
 
(In Millions)
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2014
 
2013
 
2014
 
2013
Service cost
$
2.0

 
$
3.1

 
$
4.0

 
$
6.2

Interest cost
4.1

 
4.4

 
8.1

 
8.7

Expected return on plan assets
(4.3
)
 
(5.0
)
 
(8.6
)
 
(10.0
)
Amortization:
 
 
 
 
 
 
 
Prior service costs
(0.9
)
 
(0.9
)
 
(1.8
)
 
(1.8
)
Net actuarial loss
1.1

 
3.0

 
2.3

 
5.8

Net periodic benefit cost
$
2.0

 
$
4.6

 
$
4.0

 
$
8.9