Defined Benefit Plans (Tables)

3 Months Ended

Mar. 29, 2019

Defined Benefit Plan Disclosure [Line Items]

Schedule of Defined Benefit Plans Disclosures

The net periodic benefit cost of the noncontributory defined benefit pension plans and other postretirement employee benefit plans incurred during the three-month periods ended March 29, 2019 and March 30, 2018 are reflected in the following captions in the accompanying Consolidated Condensed Statements of Earnings ($ in millions):

	Three-Month Period Ended
	March 29, 2019			March 30, 2018
Service cost:
Cost of sales	$	(2.0	)	$	(2.1	)
Selling, general and administrative expenses	(7.8		)	(8.8		)
Total service cost	(9.8		)	(10.9		)
Other net periodic benefit costs:
Other income, net	5.2			7.8
Total	$	(4.6	)	$	(3.1	)

Defined benefit pension plans

Defined Benefit Plan Disclosure [Line Items]

Schedule of Net Benefit Costs

The following sets forth the components of the Company’s net periodic benefit cost of the noncontributory defined benefit pension plans ($ in millions):

	Three-Month Period Ended
	March 29, 2019			March 30, 2018
U.S. pension benefits:
Service cost	$	(1.6	)	$	(2.1	)
Interest cost	(22.3		)	(20.2		)
Expected return on plan assets	31.6			33.1
Amortization of actuarial loss	(6.3		)	(7.8		)
Amortization of prior service cost	(0.2		)	(0.3		)
Net periodic pension benefit	$	1.2		$	2.7
Non-U.S. pension benefits:
Service cost	$	(8.1	)	$	(8.7	)
Interest cost	(6.7		)	(6.7		)
Expected return on plan assets	10.9			12.1
Amortization of actuarial gain (loss)	0.1			(1.5		)
Amortization of prior service (cost) credit	(1.2		)	0.1
Settlement loss recognized	—			(0.4		)
Net periodic pension cost	$	(5.0	)	$	(5.1	)

Other postretirement benefit plans

Defined Benefit Plan Disclosure [Line Items]

Schedule of Net Benefit Costs

The following sets forth the components of the Company’s net periodic benefit cost of the other postretirement employee benefit plans ($ in millions):

	Three-Month Period Ended
	March 29, 2019			March 30, 2018
Service cost	$	(0.1	)	$	(0.1	)
Interest cost	(1.2		)	(1.2		)
Amortization of prior service credit	0.5			0.6
Net periodic cost	$	(0.8	)	$	(0.7	)