LEGGETT & PLATT INC | 2013 | FY | 3


Components of net pension (expense) income for the years ended December 31 were as follows:
 
2013
 
2012
 
2011
Service cost
$
(3.2
)
 
$
(3.0
)
 
$
(2.4
)
Interest cost
(11.9
)
 
(12.6
)
 
(13.4
)
Expected return on plan assets
15.2

 
14.5

 
13.8

Amortization of prior service cost
(.2
)
 
(.3
)
 
(.3
)
Recognized net actuarial loss
(6.4
)
 
(6.0
)
 
(4.0
)
Net pension (expense) income
$
(6.5
)
 
$
(7.4
)
 
$
(6.3
)
Weighted average assumptions for pension costs:
 
 
 
 
 
Discount rate used in net pension costs
3.8
%
 
4.4
%
 
5.2
%
Rate of compensation increase used in pension costs
3.8
%
 
3.8
%
 
4.0
%
Expected return on plan assets
6.6
%
 
6.6
%
 
6.7
%
Weighted average assumptions for benefit obligation:
 
 
 
 
 
Discount rate used in benefit obligation
4.6
%
 
3.8
%
 
4.4
%
Rate of compensation increase used in benefit obligation
3.8
%
 
3.8
%
 
3.8
%

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