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PENSION AND OTHER POSTRETIREMENT BENEFITS
6 Months Ended
Jun. 30, 2024
Retirement Benefits [Abstract]  
PENSION AND OTHER POSTRETIREMENT BENEFITS PENSION AND OTHER POSTRETIREMENT BENEFITS
The following table summarizes the components of the Company’s net periodic benefit cost (credit) for domestic and foreign defined benefit pension plans and other postretirement benefits:
Domestic
Defined Benefit
Pension Plan
Foreign
Defined Benefit
Pension Plans
Other
Postretirement
Benefits
 202420232024202320242023
Three Months Ended June 30:
Service cost$0.9 $0.8 $1.2 $1.0 $0.1 $0.2 
Interest cost1.1 1.1 3.0 2.8 1.7 1.8 
Expected return on assets(2.1)(1.9)(2.8)(3.1)— — 
Amortization of prior service cost (credit)0.5 0.4 (0.1)— (5.9)(6.0)
Amortization of actuarial (gains) losses — (0.2)(0.3)(0.1)0.1 
Net periodic benefit cost (credit)$0.4 $0.4 $1.1 $0.4 $(4.2)$(3.9)
Six Months Ended June 30:
Service cost$1.8 $1.6 $2.4 $2.1 $0.2 $0.3 
Interest cost2.4 2.3 6.0 5.7 3.4 3.7 
Expected return on assets(4.2)(3.7)(5.6)(6.2) — 
Amortization of prior service cost (credit)1.0 0.7 (0.1)(0.1)(11.9)(12.0)
Amortization of actuarial (gains) losses(0.1)— (0.5)(0.7)(0.2)0.1 
Net periodic benefit cost (credit)$0.9 $0.9 $2.2 $0.8 $(8.5)$(7.9)
Service cost is recorded in Cost of goods sold and Selling, general and administrative expenses. All other components are recorded in Other income - net. For further details on the Company’s pension and other postretirement benefits, see Note 9 to the Consolidated Financial Statements in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023.