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Pension and Other Benefits
3 Months Ended
Mar. 31, 2020
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract]  
Pension and Other Benefits Pension and Other Benefits
 
 
The following table sets forth the components of net pension and other benefit costs for the three months ended March 31, 2020 and 2019 (in millions):
 
Pension Benefits
Other Benefits
 
2020

2019

2020

2019

Three Months Ended March 31,
 

 

 

 

Service cost
$
0.3

$
0.5

$

$

Interest cost
7.2

8.7

0.2

0.3

Expected return on plan assets
(8.5
)
(7.6
)


Amortization of prior service cost


(0.1
)
(0.2
)
Amortization of actuarial losses
2.4

2.2



NET PERIODIC BENEFIT COST
$
1.4

$
3.8

$
0.1

$
0.1


 
Employer Contributions
 
The Company anticipates making required contributions of approximately $4.3 million to its foreign pension plans during 2020, of which $0.1 million has been contributed through March 31, 2020. Although not required by ERISA and the Internal Revenue Code, the Company may elect to make additional voluntary contribution to its qualified domestic defined benefit pension plan in 2020. Additionally we anticipate making cash payments of $6.0 million and $5.0 million due in 2020 and 2021, respectively, related to the previously disclosed settlement agreement with a multi-employer pension plan.