Pension

6 Months Ended

Jun. 30, 2023

Retirement Benefits [Abstract]

Pension

PENSION

Components of net periodic benefit cost were as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
(In millions)	2023		2022		2023		2022
Service cost	$	0.3	$	0.4	$	0.6	$	0.9
Interest cost	3.3		1.9		6.5		3.8
Expected return on plan assets	(4.3)		(3.9)		(8.6)		(7.8)
Amortization of net actuarial losses	1.2		2.0		2.5		4.0
Net periodic cost	$	0.5	$	0.4	$	1.0	$	0.9

The Company expects to contribute $14.5 million to its pension and other post-retirement benefit plans in 2023. The pension contributions will be primarily for the U.S. qualified pension plan, and all of the contributions are expected to be in the form of cash. The Company has made no contribution to the U.S. qualified pension plan during the six months ended June 30, 2023.