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)
 3 Months Ended
Mar. 31, 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 months ended March 31, 2014 and 2013:
Defined Benefit Pension Expense
 
(In Millions)
 
Three Months Ended
March 31,
 
2014
 
2013
Service cost
$
8.0

 
$
9.9

Interest cost
12.5

 
11.5

Expected return on plan assets
(18.0
)
 
(13.1
)
Amortization:
 
 
 
Prior service costs
0.7

 
0.7

Net actuarial loss
3.6

 
6.8

    Curtailments/settlements
0.3

 
—

Net periodic benefit cost
$
7.1

 
$
15.8


Other Postretirement Benefits Expense
 
(In Millions)
 
Three Months Ended
March 31,
 
2014
 
2013
Service cost
$
2.0

 
$
3.1

Interest cost
4.0

 
4.3

Expected return on plan assets
(4.3
)
 
(5.0
)
Amortization:
 
 
 
Prior service costs
(0.9
)
 
(0.9
)
Net actuarial loss
1.2

 
2.8

Net periodic benefit cost
$
2.0

 
$
4.3