Retirement Plans

3 Months Ended

Mar. 31, 2022

Pension and Other Postretirement Benefits Cost (Reversal of Cost) [Abstract]

Retirement Plans

Retirement Plans

The components of GCP’s net periodic benefit cost for the three months ended March 31, 2022 and 2021 are as follows.

		Three Months Ended
		2022				2021
		U.S.		Non-US		U.S.		Non-US
	(in millions)
Service cost		$	1.2	$	0.3	$	1.5	$	0.3
Interest cost		1.1		1.1		1.2		0.7
Expected return on plan assets		(1.1)		(1.1)		(1.5)		(0.8)
Net periodic benefit cost		$	1.2	$	0.3	$	1.2	$	0.2

Service cost component of net periodic benefit cost is included in “Selling, general and administrative expenses” and “Cost of goods sold” in the unaudited Condensed Consolidated Statements of Operations. All other components of net periodic benefit costs are presented in Other expense, net within the unaudited Condensed Consolidated Statements of Operations.