BRINKS CO - 10-Q filing on 2012-10-25

Retirement Benefits (Tables)

9 Months Ended

Sep. 30, 2012

		U.S. plans		Non-U.S. plans		Total
(In millions)		2012	2011	2012	2011	2012	2011

Three months ended September 30,

Service cost	$	-	-	2.8	2.5	2.8	2.5
Interest cost on projected benefit obligation		11.0	11.6	5.0	4.3	16.0	15.9
Return on assets – expected		(14.9)	(16.2)	(3.0)	(3.0)	(17.9)	(19.2)
Amortization of losses		9.7	7.0	0.9	0.5	10.6	7.5
Amortization of prior service cost		-	-	0.6	0.4	0.6	0.4
Settlement loss		1.0	-	1.5	0.7	2.5	0.7
Net periodic pension cost	$	6.8	2.4	7.8	5.4	14.6	7.8

Nine months ended September 30,

Service cost	$	-	-	8.2	7.8	8.2	7.8
Interest cost on projected benefit obligation		33.0	34.7	13.9	12.9	46.9	47.6
Return on assets – expected		(44.9)	(48.7)	(9.1)	(9.1)	(54.0)	(57.8)
Amortization of losses		29.4	21.0	3.0	2.0	32.4	23.0
Amortization of prior service cost		-	-	1.4	1.2	1.4	1.2
Settlement loss		5.0	-	2.6	1.7	7.6	1.7
Net periodic pension cost	$	22.5	7.0	20.0	16.5	42.5	23.5

		UMWA plans		Black lung and other plans		Total
(In millions)		2012	2011	2012	2011	2012	2011

Three months ended September 30,

Service cost	$	-	-	0.2	-	0.2	-
Interest cost on accumulated postretirement benefit obligations		5.6	5.9	0.7	0.7	6.3	6.6
Return on assets – expected		(5.3)	(6.4)	-	-	(5.3)	(6.4)
Amortization of losses		5.1	3.8	0.4	0.1	5.5	3.9
Amortization of prior service cost		-	-	0.5	0.5	0.5	0.5
Net periodic pension cost	$	5.4	3.3	1.8	1.3	7.2	4.6

Nine months ended September 30,

Service cost	$	-	-	0.3	-	0.3	-
Interest cost on accumulated postretirement benefit obligations		16.8	17.9	2.2	2.1	19.0	20.0
Return on assets – expected		(15.9)	(19.2)	-	-	(15.9)	(19.2)
Amortization of losses		15.6	11.3	1.0	0.3	16.6	11.6
Amortization of prior service cost		-	-	1.5	1.5	1.5	1.5
Net periodic pension cost	$	16.5	10.0	5.0	3.9	21.5	13.9