XML 42 R30.htm IDEA: XBRL DOCUMENT v3.20.2
Pension and Postretirement Benefits (Tables)
6 Months Ended
Jun. 30, 2020
Pension Plans  
Defined Benefit Plan Disclosure [Line Items]  
Components of Net Periodic Benefit Expense
Net periodic pension expense for the three and six months ended June 30, 2020 and 2019 is presented below:
 
 
Three Months Ended
June 30, 2020
 
Three Months Ended
June 30, 2019
 
 
Total
 
U.S.
Plans
 
International
Plans
 
Total
 
U.S.
Plans
 
International
Plans
Service cost(i)
 
$
0.7

 
$

 
$
0.7

 
$
0.7

 
$

 
$
0.7

Interest cost
 
53.8

 
40.8

 
13.0

 
66.5

 
49.3

 
17.2

Expected return on plan assets
 
(73.9
)
 
(52.0
)
 
(21.9
)
 
(80.9
)
 
(54.5
)
 
(26.4
)
Amortization of prior service benefit
 
(1.3
)
 
(0.7
)
 
(0.6
)
 
(1.3
)
 
(0.7
)
 
(0.6
)
Recognized net actuarial loss
 
44.7

 
34.3

 
10.4

 
37.6

 
29.0

 
8.6

Net periodic pension expense (benefit)
 
$
24.0

 
$
22.4

 
$
1.6

 
$
22.6

 
$
23.1

 
$
(0.5
)

 
 
Six Months Ended
June 30, 2020
 
Six Months Ended
June 30, 2019
 
 
Total
 
U.S.
Plans
 
International
Plans
 
Total
 
U.S.
Plans
 
International
Plans
Service cost(i)
 
$
1.4

 
$

 
$
1.4

 
$
1.4

 
$

 
$
1.4

Interest cost
 
107.6

 
81.2

 
26.4

 
133.2

 
98.5

 
34.7

Expected return on plan assets
 
(149.0
)
 
(104.3
)
 
(44.7
)
 
(162.1
)
 
(109.0
)
 
(53.1
)
Amortization of prior service benefit
 
(2.5
)
 
(1.3
)
 
(1.2
)
 
(2.5
)
 
(1.3
)
 
(1.2
)
Recognized net actuarial loss
 
89.0

 
67.8

 
21.2

 
75.2

 
57.9

 
17.3

Net periodic pension expense (benefit)
 
$
46.5

 
$
43.4

 
$
3.1

 
$
45.2

 
$
46.1

 
$
(0.9
)
(i)Service cost is reported in selling, general and administrative expense. All other components of net periodic pension expense are reported in other expense, net in the consolidated statements of income (loss).

Postretirement Benefit Plans  
Defined Benefit Plan Disclosure [Line Items]  
Components of Net Periodic Benefit Expense
Net periodic postretirement benefit expense for the three and six months ended June 30, 2020 and 2019 is presented below:
 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
 
2020
 
2019
 
2020
 
2019
Service cost(i)
 
$
0.1

 
$
0.1

 
$
0.2

 
$
0.2

Interest cost
 
1.1

 
1.2

 
2.2

 
2.4

Expected return on assets
 
(0.1
)
 
(0.1
)
 
(0.2
)
 
(0.2
)
Recognized net actuarial loss
 
0.2

 
0.2

 
0.5

 
0.3

Amortization of prior service benefit
 
(0.4
)
 
(0.4
)
 
(0.8
)
 
(0.8
)
Net periodic postretirement benefit expense
 
$
0.9

 
$
1.0

 
$
1.9

 
$
1.9

(i)Service cost is reported in selling, general and administrative expense. All other components of net periodic postretirement benefit expense are reported in other expense, net in the consolidated statements of income (loss).