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Pension and Postretirement Benefits (Tables)
9 Months Ended
Sep. 30, 2017
Retirement Benefits [Abstract]  
Components of Net Periodic Benefit Expense
Net periodic postretirement benefit expense for the three and nine months ended September 30, 2017 and 2016 is presented below:
 
 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
 
2017
 
2016
 
2017
 
2016
Service cost
 
$
0.2

 
$
0.1

 
$
0.4

 
$
0.3

Interest cost
 
1.4

 
1.6

 
4.4

 
4.8

Expected return on assets
 
(0.1
)
 
(0.1
)
 
(0.3
)
 
(0.3
)
Recognized net actuarial loss
 
0.3

 
0.3

 
0.9

 
0.9

Amortization of prior service benefit
 
(0.1
)
 

 
(0.3
)
 

Net periodic postretirement benefit expense
 
$
1.7

 
$
1.9

 
$
5.1

 
$
5.7

Net periodic pension expense for the three and nine months ended September 30, 2017 and 2016 is presented below:
 
 
 
Three Months Ended
September 30, 2017
 
Three Months Ended
September 30, 2016
 
 
Total
 
U.S.
Plans
 
International
Plans
 
Total
 
U.S.
Plans
 
International
Plans
Service cost
 
$
1.0

 
$

 
$
1.0

 
$
1.8

 
$

 
$
1.8

Interest cost
 
71.4

 
52.8

 
18.6

 
79.3

 
57.7

 
21.6

Expected return on plan assets
 
(91.2
)
 
(58.8
)
 
(32.4
)
 
(97.2
)
 
(63.2
)
 
(34.0
)
Amortization of prior service benefit
 
(1.1
)
 
(0.6
)
 
(0.5
)
 
(1.4
)
 
(0.6
)
 
(0.8
)
Recognized net actuarial loss
 
43.5

 
31.6

 
11.9

 
38.7

 
29.0

 
9.7

Net periodic pension expense (benefit)
 
$
23.6

 
$
25.0

 
$
(1.4
)
 
$
21.2

 
$
22.9

 
$
(1.7
)
 
 
Nine Months Ended
September 30, 2017
 
Nine Months Ended
September 30, 2016
 
 
Total
 
U.S.
Plans
 
International
Plans
 
Total
 
U.S.
Plans
 
International
Plans
Service cost
 
$
4.2

 
$

 
$
4.2

 
$
5.7

 
$

 
$
5.7

Interest cost
 
212.2

 
158.5

 
53.7

 
241.2

 
173.4

 
67.8

Expected return on plan assets
 
(270.7
)
 
(176.4
)
 
(94.3
)
 
(296.6
)
 
(189.8
)
 
(106.8
)
Amortization of prior service benefit
 
(3.6
)
 
(1.9
)
 
(1.7
)
 
(4.2
)
 
(1.9
)
 
(2.3
)
Recognized net actuarial loss
 
132.5

 
94.8

 
37.7

 
116.9

 
87.0

 
29.9

Curtailment gain
 
(5.2
)
 

 
(5.2
)
 

 

 

Net periodic pension expense (benefit)
 
$
69.4

 
$
75.0

 
$
(5.6
)
 
$
63.0

 
$
68.7

 
$
(5.7
)