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Other Post-Employment Benefits and Other Employee Benefit Plans (Tables)
 12 Months Ended
Dec. 31, 2020
Retirement Benefits [Abstract]  
Funded Status for Pension Plans The following table presents our funded status for 2020 and 2019 for our U.S. and international pension plans. The measurement date used to determine benefit obligations and plan assets is December 31 for all material plans.
December 31, 2020December 31, 2019
(In millions)U.S.InternationalTotalU.S.InternationalTotal
Change in benefit obligation:      
Projected benefit obligation at beginning of period
$194.1 $703.7 $897.8 $182.1 $633.5 $815.6 
Service cost0.1 4.5 4.6 0.1 3.8 3.9 
Interest cost5.3 11.2 16.5 6.9 15.0 21.9 
Actuarial loss18.2 64.5 82.7 17.0 60.0 77.0 
Settlement— (9.8)(9.8)— (3.7)(3.7)
Benefits paid(15.5)(23.4)(38.9)(12.1)(26.4)(38.5)
Employee contributions— 0.8 0.8 — 0.7 0.7 
Business acquisition— — — — 9.0 9.0 
Other
— 0.3 0.3 0.1 (0.3)(0.2)
Foreign exchange impact— 31.1 31.1 — 12.1 12.1 
Projected benefit obligation at end of period$202.2 $782.9 $985.1 $194.1 $703.7 $897.8 
Change in plan assets:      
Fair value of plan assets at beginning of period$137.1 $624.9 $762.0 $119.9 $548.8 $668.7 
Actual return on plan assets8.6 62.5 71.1 21.3 67.7 89.0 
Employer contributions11.3 13.6 24.9 8.1 12.8 20.9 
Employee contributions— 0.8 0.8 — 0.7 0.7 
Benefits paid(15.5)(23.4)(38.9)(12.1)(26.4)(38.5)
Settlement— (9.9)(9.9)— (3.7)(3.7)
Business acquisition — — — — 10.7 10.7 
Other0.1 (0.4)(0.3)(0.1)(0.4)(0.5)
Foreign exchange impact— 26.9 26.9 — 14.7 14.7 
Fair value of plan assets at end of period$141.6 $695.0 $836.6 $137.1 $624.9 $762.0 
Underfunded status at end of year$(60.6)$(87.9)$(148.5)$(57.0)$(78.8)$(135.8)
Accumulated benefit obligation at end of year$202.2 $766.1 $968.3 $194.1 $690.4 $884.5 
The status of these plans, including a reconciliation of benefit obligations, a reconciliation of plan assets and the funded status of the plans, follows:
 December 31,
(In millions)20202019
Change in benefit obligations:  
Benefit obligation at beginning of period$43.5 $46.4 
Interest cost1.0 1.6 
Actuarial loss (gain)2.4 (1.2)
Benefits paid, net(3.5)(3.3)
Benefit obligation at end of period$43.4 $43.5 
Change in plan assets:  
Fair value of plan assets at beginning of period$— $— 
Employer contribution3.5 3.3 
Benefits paid, net(3.5)(3.3)
Fair value of plan assets at end of period$— $— 
Net amount recognized:  
Underfunded status$(43.4)$(43.5)
Accumulated benefit obligation at end of year$43.4 $43.5 
Net amount recognized in consolidated balance sheets consists of:  
Current liability$(5.1)$(5.3)
Non-current liability(38.3)(38.2)
Net amount recognized$(43.4)$(43.5)
Amounts recognized in accumulated other comprehensive loss consist of:
  
Net actuarial loss (gain)$1.9 $(0.6)
Prior service credit(2.3)(2.6)
Total$(0.4)$(3.2)
Components of Net Periodic Benefit Cost
The following table shows the components of our net periodic benefit cost (income) and cost of special events for the three years ended December 31, for our pension plans charged to operations:
 Year Ended December 31,
(In millions)202020192018
Net periodic benefit cost (income):   
U.S. and international net periodic benefit cost included in cost of sales(1)
$1.2 $1.1 $0.8 
U.S. and international net periodic benefit cost included in selling, general and administrative expenses
3.4 2.8 3.5 
U.S. and international net periodic benefit (income) and cost of special events included in other (income) expense(3.8)(4.4)(8.4)
Total benefit cost (income)$0.8 $(0.5)$(4.1)
 
       
(1)The amount recorded in inventory for the years ended December 31, 2020, 2019 and 2018 was not material.
The following table shows the components of our net periodic benefit (income) cost for the years ended December 31, for our pension plans charged to operations:
December 31, 2020December 31, 2019December 31, 2018
(In millions)U.S.InternationalTotalU.S.InternationalTotalU.S.InternationalTotal
Components of net periodic benefit (income) cost:
         
Service cost$0.1 $4.5 $4.6 $0.1 $3.8 $3.9 $0.1 $4.2 $4.3 
Interest cost5.3 11.2 16.5 6.9 15.0 21.9 6.5 15.2 21.7 
Expected return on plan assets
(9.0)(19.4)(28.4)(7.3)(24.7)(32.0)(8.7)(29.2)(37.9)
Other adjustments
— — — — — — 0.1 — 0.1 
Amortization of net prior service cost
— 0.2 0.2 — 0.2 0.2 — — — 
Amortization of net actuarial loss
1.5 4.6 6.1 1.4 3.7 5.1 0.9 2.4 3.3 
Net periodic benefit (income) cost
(2.1)1.1 (1.0)1.1 (2.0)(0.9)(1.1)(7.4)(8.5)
Cost of settlement
— 1.8 1.8 — 0.4 0.4 1.6 2.8 4.4 
Total benefit cost (income)$(2.1)$2.9 $0.8 $1.1 $(1.6)$(0.5)$0.5 $(4.6)$(4.1)
The components of net periodic benefit cost were as follows:
Year Ended December 31,
(In millions)202020192018
Components of net periodic benefit cost:   
Service cost$— $— $0.1 
Interest cost1.0 1.6 1.4 
Amortization of net gain(0.2)(0.2)(0.2)
Amortization of prior service credit(0.3)(0.3)(0.3)
Net periodic benefit cost$0.5 $1.1 $1.0 
Impact of settlement/curtailment— — — 
Total benefit cost for fiscal year$0.5 $1.1 $1.0 
Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Loss (Income)
Changes in plan assets and benefit obligations recognized in AOCL for the year ended December 31, 2020 and 2019 were as follows:
December 31, 2020December 31, 2019
(In millions)U.S.InternationalTotalU.S.InternationalTotal
Current year actuarial loss$18.6 $21.4 $40.0 $3.0 $16.9 $19.9 
Prior year service cost occurring during the year— 0.8 0.8 0.1 — 0.1 
Amortization of actuarial loss(1.5)(4.6)(6.1)(1.4)(3.7)(5.1)
Amortization of prior service cost— (0.2)(0.2)— (0.2)(0.2)
Settlement— (1.8)(1.8)— (0.4)(0.4)
Total$17.1 $15.6 $32.7 $1.7 $12.6 $14.3 
 
 
       
Changes in benefit obligations that were recognized in AOCL for the years ended December 31, 2020 and December 31, 2019 were as follows: 
December 31, 2020December 31, 2019
(In millions)U.S.InternationalTotalU.S.InternationalTotal
Current year actuarial loss (gain)$2.4 $— $2.4 $(1.0)$(0.2)$(1.2)
Amortization of actuarial gain— 0.2 0.2 — 0.2 0.2 
Amortization of prior service credit0.3 — 0.3 0.3 — 0.3 
Total$2.7 $0.2 $2.9 $(0.7)$— $(0.7)
Estimated Future Benefit Payments
We expect the following estimated future benefit payments, which reflect expected future service as appropriate, to be paid in the years indicated:
 
Amount
(in millions)
YearU.S.InternationalTotal
2021$11.8 $30.2 $42.0 
202211.7 28.3 40.0 
202311.7 28.2 39.9 
202411.7 30.6 42.3 
202511.2 30.8 42.0 
2026 to 2030 (combined)54.9 171.6 226.5 
Total$113.0 $319.7 $432.7 
Expected post-retirement benefits (net of Medicare Part D subsidies) for each of the next five years and succeeding five years are as follows:
Year
Amount
(in millions)
2021$5.1 
20224.6 
20234.2 
20243.8 
20253.3 
2026 to 2030 (combined)11.4 
Total$32.4