XML 42 R31.htm IDEA: XBRL DOCUMENT

Pension and Postretirement Benefits (Tables)

6 Months Ended

Jun. 30, 2021

Defined Benefit Plan Disclosure [Line Items]

Components of Net Periodic Benefit (Income) Expense

Net periodic pension expense is presented below:


						Three Months Ended June 30, 2021																		Three Months Ended June 30, 2020
						Total						U.S. Plans						International Plans						Total						U.S. Plans						International Plans
Service cost(i)						$	0.5					$	—					$	0.5					$	0.7					$	—					$	0.7
Interest cost						38.4						29.4						9.0						53.8						40.8						13.0
Expected return on plan assets						(68.4)						(48.5)						(19.9)						(73.9)						(52.0)						(21.9)
Amortization of prior service benefit						(1.4)						(0.6)						(0.8)						(1.3)						(0.7)						(0.6)
Recognized net actuarial loss						46.6						34.6						12.0						44.7						34.3						10.4
Settlement losses						210.7						—						210.7						—						—						—
Net periodic pension expense						$	226.4					$	14.9					$	211.5					$	24.0					$	22.4					$	1.6


						Six Months Ended June 30, 2021																		Six Months Ended June 30, 2020
						Total						U.S. Plans						International Plans						Total						U.S. Plans						International Plans
Service cost(i)						$	1.7					$	—					$	1.7					$	1.4					$	—					$	1.4
Interest cost						78.0						58.8						19.2						107.6						81.2						26.4
Expected return on plan assets						(142.5)						(99.9)						(42.6)						(149.0)						(104.3)						(44.7)
Amortization of prior service benefit						(2.7)						(1.2)						(1.5)						(2.5)						(1.3)						(1.2)
Recognized net actuarial loss						92.8						67.8						25.0						89.0						67.8						21.2
Settlement losses						368.7						158.0						210.7						—						—						—
Net periodic pension expense						$	396.0					$	183.5					$	212.5					$	46.5					$	43.4					$	3.1


(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 (Income) Expense

Net periodic postretirement benefit (income) expense is presented below:


						Three Months Ended June 30,												Six Months Ended June 30,
						2021						2020						2021						2020
Service cost(i)						$	0.1					$	0.1					$	0.2					$	0.2
Interest cost						0.4						1.1						0.8						2.2
Expected return on assets						(0.1)						(0.1)						(0.2)						(0.2)
Recognized net actuarial (gain) loss						(0.7)						0.2						(1.3)						0.5
Amortization of prior service cost						(0.4)						(0.4)						(0.8)						(0.8)
Net periodic postretirement benefit (income) expense						$	(0.7)					$	0.9					$	(1.3)					$	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).