notes to consolidated financial statements Components of Net Periodic Benefit Cost are as follows: Amounts recognized in accumulated other comprehensive loss (income) consist of: The projected benefit obligation, accumulated benefit obligation and fair value of plan assets for the U.S. and Non-U.S. plans, are as follows: Information for pension plans with an accumulated benefit obliga- tion in excess of plan assets is as follows: The estimated net loss and prior service cost for the defined benefit pension plans that will be amortized from accumulated other com- prehensive income into net periodic benefit cost over the next fis- cal year are $12.7 million and $0.0 million, respectively. The estimated net gain and prior service cost for the postretirement plan that will be amortized from accumulated other comprehensive income into net periodic benefit cost over the next fiscal year are $0.0 million and $0.2 million, respectively. The weighted average assumptions used to determine benefit obliga- tions are as follows: Pension Benefits Postretirement Benefits December 31, 2012 2011 2010 2012 2011 2010 U.S. Plans: Discount rate 4.20% 5.00% 5.80% 3.20% 4.25% 4.75% Rate of compensation increase 3.50% 3.50% 3.50% Non-U.S. Plans: Discount rate 3.93% 4.56% 5.40% Rate of compensation increase 3.14% 3.89% 3.74% Pension Benefits (in thousands) December 31, 2012 2011 Projected benefit obligation $705,007 $ 616,411 Accumulated benefit obligation 683,019 580,977 Fair value of plan assets 482,019 448,205 Pension Obligations/Assets U.S. Non-U.S. Total (in millions) December 31, 2012 2011 2012 2011 2012 2011 Projected benefit obligation $506.5 $455.1 $399.8 $331.5 $906.3 $786.6 Accumulated benefit obligation 506.3 439.6 370.0 303.9 876.3 743.5 Fair value of plan assets 357.9 336.4 377.7 341.9 735.6 678.3 Pension Benefits Postretirement Benefits (in thousands) December 31, 2012 2011 2012 2011 Net actuarial loss (gain) $290,417 $239,624 $ (707) $ (1,518) Prior service cost (credit) 141 1,036 (1,127) (1,362) Transition asset (2) (3) — — $289,556 $240,657 $(1,834) $(2,880) 46 Pension Benefits Postretirement Benefits (in thousands) December 31, 2012 2011 2010 2012 2011 2010 Net Periodic Benefit Cost: Service cost $ 13,503 $ 11,710 $ 11,417 $ 108 $ 121 $ 114 Interest cost 37,653 38,163 36,301 498 588 745 Expected return on plan assets (51,437) (50,620) (43,793) — — — Amortization of prior service cost 402 421 451 (236) (236) — Amortization of net loss (gain) 19,403 6,733 6,985 (139) (110) (175) Recognized curtailment loss 460 — — — — — Settlement costs (125) — 2,614 — — — Special termination benefits — — 52 — — — Net periodic benefit cost $ 19,859 $ 6,407 $ 14,027 $ 231 $ 363 $ 684