Pensions and Postretirement Benefits Other than Pensions (Tables)

9 Months Ended

Sep. 30, 2020

Pension Plan, Defined Benefit [Member]

Schedule of Net Periodic Benefit Cost

The components of the Company’s net periodic pension benefit cost for the three and nine months ended September 30 were as follows:

	Three months ended				Nine months ended
In millions	2020		2019		2020		2019
Service cost	$	10.3	$	19.0	$	44.0	$	55.2
Interest cost	20.2		29.7		63.2		89.3
Expected return on plan assets	(29.8)		(34.6)		(91.3)		(103.8)
Net amortization of:
Prior service costs	1.3		1.2		4.0		3.6
Net actuarial (gains) losses	11.4		14.0		33.0		40.7
Net periodic pension benefit cost	$	13.4	$	29.3	$	52.9	$	85.0
Net curtailment and settlement (gains) losses	(0.1)		0.8		(3.7)		2.4
Net periodic pension benefit cost after net curtailment and settlement (gains) losses	$	13.3	$	30.1	$	49.2	$	87.4
Amounts recorded in continuing operations:
Operating income	$	9.2	$	14.7	$	38.7	$	43.2
Other income/(expense), net	3.7		8.0		6.8		23.1
Amounts recorded in discontinued operations	0.4		7.4		3.7		21.1
Total	$	13.3	$	30.1	$	49.2	$	87.4

Other Postretirement Benefit Plan, Defined Benefit [Member]

Schedule of Net Periodic Benefit Cost

The components of net periodic postretirement benefit cost for the three and nine months ended September 30 were as follows:

	Three months ended				Nine months ended
In millions	2020		2019		2020		2019
Service cost	$	0.7	$	0.8	$	1.8	$	2.0
Interest cost	2.4		3.3		7.4		11.1
Net amortization of:
Prior service gains	—		(0.1)		—		(0.3)
Net actuarial (gains) losses	(2.2)		(5.0)		(4.3)		(8.2)
Net periodic postretirement benefit cost	$	0.9	$	(1.0)	$	4.9	$	4.6
Amounts recorded in continuing operations:
Operating income	$	0.7	$	0.7	$	1.8	$	1.9
Other income/(expense), net	0.3		(0.9)		2.3		2.1
Amounts recorded in discontinued operations	(0.1)		(0.8)		0.8		0.6
Total	$	0.9	$	(1.0)	$	4.9	$	4.6