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Retirement and Other Postretirement Benefit Plans (Tables)
9 Months Ended
Sep. 30, 2023
Defined Benefit Retirement Plans  
Defined Benefit Plans And Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule of Net Periodic Benefit Costs of Defined Benefit Retirement Plans

Net periodic benefit costs of our defined benefit retirement plans for the quarters and nine months ended September 30, 2023 and 2022 were as follows:

 

 

 

Quarter Ended September 30,

 

 

Nine Months Ended September 30,

 

(In millions)

 

2023

 

 

2022

 

 

2023

 

 

2022

 

U.S. Nonqualified Defined Benefit Retirement Plans

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

0.4

 

 

$

0.3

 

 

$

1.0

 

 

$

0.9

 

Interest cost

 

 

0.1

 

 

 

0.1

 

 

 

0.3

 

 

 

0.3

 

Net amortization

 

 

0.2

 

 

 

0.3

 

 

 

0.6

 

 

 

0.7

 

Net periodic benefit cost

 

$

0.7

 

 

$

0.7

 

 

$

1.9

 

 

$

1.9

 

Schedule of Amounts Recognized on Balance Sheet

(In millions)

 

September 30, 2023

 

 

December 31, 2022

 

Amounts recognized on the balance sheet for U.S. nonqualified defined benefit retirement plans:

 

 

 

 

 

 

Accrued liabilities

 

$

0.4

 

 

$

1.4

 

Other non-current liabilities

 

 

19.6

 

 

 

18.5

 

Total accrued benefit

 

$

20.0

 

 

$

19.9

 

Defined Benefit Retirement Plans | Non qualified  
Defined Benefit Plans And Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule of Net Periodic Benefit Costs of Defined Benefit Retirement Plans

 

 

Quarter Ended September 30,

 

 

Nine Months Ended September 30,

 

(In millions)

 

2023

 

 

2022

 

 

2023

 

 

2022

 

European Defined Benefit Retirement Plans

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

0.1

 

 

$

0.1

 

 

$

0.4

 

 

$

0.5

 

Interest cost

 

 

1.2

 

 

 

0.6

 

 

 

3.7

 

 

 

1.7

 

Expected return on plan assets

 

 

(1.1

)

 

 

(0.6

)

 

 

(3.5

)

 

 

(1.7

)

Net amortization and deferral

 

 

0.6

 

 

 

0.6

 

 

 

1.8

 

 

 

1.8

 

Net periodic benefit cost

 

$

0.8

 

 

$

0.7

 

 

$

2.4

 

 

$

2.3

 

 

Schedule of Amounts Recognized on Balance Sheet

(In millions)

 

September 30, 2023

 

 

December 31, 2022

 

Amounts recognized on the balance sheet for European defined benefit retirement plans:

 

 

 

 

 

 

Other assets

 

$

6.1

 

 

$

5.6

 

 

 

 

 

 

 

 

Accrued liabilities

 

 

1.0

 

 

 

0.1

 

Other non-current liabilities

 

 

12.8

 

 

 

12.1

 

Total accrued benefit

 

$

13.8

 

 

$

12.2

 

Postretirement Health Care and Life Insurance Benefit Plans  
Defined Benefit Plans And Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule of Amounts Recognized on Balance Sheet Net periodic benefit costs of our postretirement health care and life insurance benefit plans for the nine months ended September 30, 2023 and 2022 were immaterial.

(In millions)

 

September 30, 2023

 

 

December 31, 2022

 

Amounts recognized on the balance sheet:

 

 

 

 

 

 

Accrued liabilities

 

$

0.2

 

 

$

0.2

 

Other non-current liabilities

 

 

1.0

 

 

 

1.0

 

Total accrued benefit

 

$

1.2

 

 

$

1.2