XML 77 R64.htm IDEA: XBRL DOCUMENT v3.22.0.1
Retirement and Other Postretirement Benefit Plans - Schedule of Benefit Obligation, Fair Value of Plan Assets, Funded Status and Amounts Recognized in the Consolidated Financial Statements (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Change in plan assets:      
Fair value of plan assets - beginning of year $ 233.8    
Fair value of plan assets - end of year 231.4 $ 233.8  
Amounts recognized in Consolidated Balance Sheets:      
Non-current liabilities 52.6 53.9  
Postretirement Plans      
Change in benefit obligation:      
Benefit obligation - beginning of year 2.6 3.1  
Interest cost   0.1 $ 0.1
Actuarial loss (gain) (0.7) (0.5)  
Benefits and expenses paid 0.1 0.1  
Benefit obligation - end of year 1.8 2.6 3.1
Change in plan assets:      
Employer contributions 0.1 0.1  
Benefits and expenses paid 0.1 0.1  
Amounts recognized in Consolidated Balance Sheets:      
Current liabilities 0.3 0.4  
Non-current liabilities 1.5 2.2  
Total liabilities [1] 1.8 2.6  
Amounts recognized in Accumulated Other Comprehensive Loss:      
Actuarial net (loss) gain 1.5 1.6  
Total amounts recognized in accumulated other comprehensive loss (1.5) (1.6)  
U.S. Plans | Defined Benefit Retirement Plans      
Change in benefit obligation:      
Benefit obligation - beginning of year 23.3 20.3  
Service cost 1.1 1.2 1.2
Interest cost 0.2 0.5 0.6
Actuarial loss (gain)   1.9  
Benefits and expenses paid 0.6 0.6  
Benefit obligation - end of year 24.0 23.3 20.3
Change in plan assets:      
Employer contributions 0.6 0.6  
Benefits and expenses paid 0.6 0.6  
Amounts recognized in Consolidated Balance Sheets:      
Current liabilities 2.7 3.8  
Non-current liabilities 21.3 19.4  
Total liabilities [1] 24.0 23.2  
Amounts recognized in Accumulated Other Comprehensive Loss:      
Actuarial net (loss) gain (3.9) (4.5)  
Total amounts recognized in accumulated other comprehensive loss (3.9) (4.5)  
European Plans | Defined Benefit Retirement Plans      
Change in benefit obligation:      
Benefit obligation - beginning of year 220.9 188.6  
Service cost 0.9 1.1 1.0
Interest cost 2.2 3.5 4.5
Actuarial loss (gain) 30.6 28.7  
Curtailments and settlements (3.1) (3.2)  
Benefits and expenses paid (6.7) (5.7)  
Currency translation adjustments (4.2) 7.9  
Benefit obligation - end of year 240.6 220.9 188.6
Change in plan assets:      
Fair value of plan assets - beginning of year 233.8 214.3  
Actual return on plan assets 4.8 13.2  
Employer contributions 5.3 5.7  
Benefits and expenses paid (6.7) 5.8  
Curtailments and settlements 3.1 (0.9)  
Currency translation adjustments (2.7) 7.3  
Fair value of plan assets - end of year 231.4 233.8 $ 214.3
Amounts recognized in Consolidated Balance Sheets:      
Non-current assets 6.9 31.5  
Current liabilities 0.2 0.9  
Non-current liabilities 15.8 17.7  
Total liabilities [1] 16.0 18.6  
Amounts recognized in Accumulated Other Comprehensive Loss:      
Actuarial net (loss) gain (77.0) (50.1)  
Prior service cost (1.3) (1.4)  
Total amounts recognized in accumulated other comprehensive loss $ (78.3) $ (51.5)  
[1]

(a) The current and non-current portions of the accrued benefit costs for the defined benefit retirement plans and postretirement benefit plans are included within “accrued compensation and benefits” and “retirement obligations”, respectively, in the accompanying consolidated balance sheets.