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Employee Benefit Plans and Other Postretirement Benefits (Tables)
3 Months Ended
Mar. 31, 2024
Retirement Benefits [Abstract]  
Components of Net Periodic Benefit Costs

The components of net periodic benefit cost for our pension plans were as follows (dollars in millions):

 

 

 

Pension Plans

 

 

 

Three Months Ended March 31,

 

 

 

2024

 

 

2023

 

Service cost

 

$

3.1

 

 

$

3.6

 

Interest cost

 

 

13.9

 

 

 

14.0

 

Expected return on plan assets

 

 

(16.5

)

 

 

(14.3

)

Net amortization of unrecognized amounts

 

 

 

 

 

 

Prior service cost

 

 

1.4

 

 

 

1.3

 

Actuarial loss

 

 

0.2

 

 

 

1.1

 

Net periodic benefit cost

 

$

2.1

 

 

$

5.7