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Pensions and Other Benefit Programs (Tables)
3 Months Ended
Mar. 31, 2021
Compensation And Retirement Disclosure [Abstract]  
Schedule of Periodic Benefit Costs (Credits)

Following are the components of net periodic benefit costs (credits):

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2021

 

 

2020

 

U.S. defined benefit plans:

 

 

 

 

 

 

 

 

Pension benefits

 

 

 

 

 

 

 

 

Service cost of benefits earned during the period

 

$

1.2

 

 

$

1.4

 

Interest cost on projected benefit obligation

 

 

2.2

 

 

 

7.2

 

Expected return on plan assets

 

 

(4.1

)

 

 

(14.9

)

Amortization of net actuarial loss

 

 

0.9

 

 

 

3.9

 

Settlement

 

 

-

 

 

 

374.4

 

Net periodic pension cost

 

$

0.2

 

 

$

372.0

 

Retiree health and life insurance benefits

 

 

 

 

 

 

 

 

Interest cost on projected benefit obligation

 

 

0.3

 

 

 

0.5

 

Amortization of prior service credit

 

 

(0.1

)

 

 

(0.1

)

Amortization of net actuarial gain

 

 

(0.5

)

 

 

(1.6

)

Net periodic postretirement (credit)

 

$

(0.3

)

 

$

(1.2

)