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28FEB200910255904
The following indicates amounts recognized in other comprehensive income during the twelve months ended Decem-
ber 31, 2008 and 2007:
Pension Benefits Other Benefits
(In millions) 2008 2007 2008 2007
Amounts arising during the period:
Net actuarial loss (gain), net of taxes of $59.7 and $(4.7) in 2008
and 2007, respectively, for pension benefits and $3.5 and $1.2, in
2008 and 2007, respectively, for other benefits $ 104.7 $ (8.2) $ 6.2 $ 2.1
Foreign currency exchange rate (gain) loss, net of taxes of $(0.6) and
$0.5 in 2008 and 2007, respectively, for pension benefits (0.9) 0.8 ——
Prior service (credit) cost, net of taxes of $(0.2) and $0.1 in 2008
and 2007, respectively, for pension benefits and $(1.6) in 2008 for
other benefits (0.4) 0.1 (2.7) —
Amounts recognized in net periodic benefit cost during the
period:
Recognized actuarial loss, net of taxes of $(2.0) and $(3.3) in 2008
and 2007, respectively, for pension benefits and $(0.2) and $(0.1)
in 2008 and 2007, respectively, for other benefits (3.6) (5.6) (0.4) (0.2)
Amortization of prior service cost, net of taxes of $(0.3) and $(0.4) in
2008 and 2007, respectively, for pension benefits and $(0.1) and
$(0.2) in 2008 and 2007, respectively, for other benefits (0.6) (0.6) (0.3) (0.3)
Total recognized in other comprehensive income $ 99.2 $ (13.5) $ 2.8 $ 1.6
Components of Net Periodic Benefit Cost.
Pension Benefits Other Benefits
(In millions) 2008 2007 2006 2008 2007 2006
Service cost $ 11.0 $ 10.8 $ 10.0 $ 0.5 $ 0.4 $ 0.4
Interest cost 34.8 33.2 32.1 1.9 1.7 1.6
Expected return on plan assets (45.2) (42.9) (41.0) (1.5) (1.5) (1.2)
Amortization of prior service cost 0.9 1.0 0.8 0.4 0.5 0.5
Recognized actuarial loss 5.6 8.9 10.0 0.6 0.3 0.2
Special termination benefit —— 0.5 ———
Total net periodic benefit cost $ 7.1 $ 11.0 $ 12.4 $ 1.9 $ 1.4 $ 1.5
The following represents the amount of prior service cost and actuarial loss included in accumulated other comprehensive
loss that is expected to be recognized in net periodic benefit cost during the twelve months ended December 31, 2009:
(In millions) Pension Benefits Other Benefits
Prior service cost, net of taxes of $0.3 for pension benefits and and $(0.1) for
other benefits $ 0.5 $ (0.1)
Actuarial loss, net of taxes of $3.2 for pension benefits and and $0.6 for other
benefits $ 5.5 $ 1.0
2008 ANNUAL REPORT 63