Quarterly report pursuant to Section 13 or 15(d)

PENSIONS AND OTHER POSTRETIREMENT BENEFITS (Tables)

v3.5.0.2
PENSIONS AND OTHER POSTRETIREMENT BENEFITS (Tables)
 6 Months Ended
Jun. 30, 2016
Postemployment Benefits [Abstract]  
Schedule of Net Benefit Costs
The following are the components of defined benefit pension and OPEB expense for the three and six months ended June 30, 2016 and 2015:
Defined Benefit Pension Expense
 
(In Millions)
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2016
 
2015
 
2016
 
2015
Service cost
$
4.5

 
$
6.3

 
$
9.0

 
$
12.6

Interest cost
7.5

 
9.5

 
14.9

 
18.9

Expected return on plan assets
(13.7
)
 
(15.0
)
 
(27.4
)
 
(29.9
)
Amortization:
 
 
 
 
 
 
 
Prior service costs
0.5

 
0.6

 
1.1

 
1.2

Net actuarial loss
5.3

 
5.4

 
10.5

 
10.8

    Curtailments/settlements
—

 
$
—

 
—

 
0.3

Net periodic benefit cost to continuing operations
$
4.1

 
$
6.8

 
$
8.1

 
$
13.9


Other Postretirement Benefits Expense
 
(In Millions)
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2016
 
2015
 
2016
 
2015
Service cost
$
0.4

 
$
1.5

 
$
0.9

 
$
3.0

Interest cost
2.3

 
3.2

 
4.5

 
6.5

Expected return on plan assets
(4.3
)
 
(4.6
)
 
(8.5
)
 
(9.2
)
Amortization:
 
 
 
 
 
 
 
Prior service credits
(0.9
)
 
(0.9
)
 
(1.8
)
 
(1.8
)
Net actuarial loss
1.4

 
—

 
2.8

 
3.1

Net periodic benefit cost to continuing operations
$
(1.1
)
 
$
(0.8
)
 
$
(2.1
)
 
$
1.6