Pension and Other Postretirement Benefit Plans (Tables)

3 Months Ended

Apr. 03, 2021

Retirement Benefits [Abstract]

Net Periodic Pension and Other Postretirement Benefit (Credit) Cost

The components of the Company’s net periodic pension benefit (credit) cost are shown below (in millions):

	Three Months Ended
	April 3, 2021				April 4, 2020
	U.S.		Foreign		U.S.		Foreign
Service cost	$	—	$	1.3	$	—	$	1.2
Interest cost	3.6		2.6		4.1		3.1
Expected return on plan assets	(5.9)		(4.8)		(5.3)		(5.0)
Amortization of actuarial loss	1.0		1.5		0.6		1.1
Settlement loss	0.4		—		0.3		—
Net periodic benefit (credit) cost	$	(0.9)	$	0.6	$	(0.3)	$	0.4

The components of the Company’s net periodic other postretirement benefit cost are shown below (in millions):

	Three Months Ended
	April 3, 2021				April 4, 2020
	U.S.		Foreign		U.S.		Foreign
Interest cost	$	0.3	$	0.2	$	0.4	$	0.2
Amortization of actuarial gain	(0.3)		—		(0.4)		—
Net periodic benefit cost	$	—	$	0.2	$	—	$	0.2