MOSAIC CO | 2013 | FY | 3


The year-end status of the North American plans was as follows:

      Pension Plans  Postretirement Benefit Plans
 (in millions)  2013  2012  2013  2012
 Change in projected benefit obligation:            
  Benefit obligation at beginning of year $ 743.3 $ 694.3 $ 59.9 $ 60.1
  Service cost   6.5   5.6   0.6   0.3
  Interest cost   32.6   34.5   2.3   2.6
  Plan amendments   15.3   -   -   -
  Actuarial loss   26.9   59.3   0.6   4.0
  Currency fluctuations   (0.4)   (15.5)   -   (0.9)
  Employee contribution   -   -   0.1   0.1
  Benefits paid   (35.6)   (34.9)   (5.6)   (6.3)
 Projected benefit obligation at end of year $ 788.6 $ 743.3 $ 57.9 $ 59.9
 Change in plan assets:            
  Fair value at beginning of year $ 654.4 $ 630.0 $ - $ -
  Currency fluctuations   (0.3)   (12.9)   -   -
  Actual return   53.9   45.4   -   -
  Company contribution   35.2   26.8   5.5   6.2
  Employee contribution   -   -   0.1   0.1
  Benefits paid   (35.6)   (34.9)   (5.6)   (6.3)
 Fair value at end of year $ 707.6 $ 654.4 $ - $ -
                
 Funded status of the plans as of May 31 $ (81.0) $ (88.9) $ (57.9) $ (59.9)
                
 Amounts recognized in the consolidated balance sheets:            
  Noncurrent assets $ 6.4 $ - $ - $ -
  Current liabilities   (0.6)   (0.6)   (5.9)   (6.3)
  Noncurrent liabilities   (86.8)   (88.3)   (52.0)   (53.6)
  Amounts recognized in accumulated other             
   comprehensive (income) loss            
   Prior service costs (credits) $ 27.1 $ 13.2 $ (3.2) $ (4.9)
   Actuarial (gain)/loss   125.4   131.3   (7.0)   (8.9)

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