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Net Periodic Benefit Cost - Defined Benefit Plans (Tables)
6 Months Ended
Jun. 30, 2018
Notes To Financial Statements [Abstract]  
Components of Net Periodic Benefit Cost
Following are the components of net periodic pension (benefit) expense for the three and six months ended June 30, 2018 and July 1, 2017:
 
Second Quarter
 
Pension Benefits
 
Other Benefits
 
U.S. Plans
 
Non-U.S. Plans
 
All Plans
(Millions of Dollars)
2018
 
2017
 
2018
 
2017
 
2018
 
2017
Service cost
$
2.0

 
$
2.1

 
$
3.8

 
$
3.3

 
$
0.2

 
$
0.2

Interest cost
11.0

 
10.9

 
7.2

 
7.1

 
0.4

 
0.3

Expected return on plan assets
(17.5
)
 
(16.1
)
 
(11.8
)
 
(11.2
)
 

 

Amortization of prior service cost (credit)
0.3

 
0.2

 
(0.2
)
 
(0.3
)
 
(0.4
)
 
(0.4
)
Amortization of net loss
2.0

 
2.3

 
2.3

 
2.3

 

 

Settlement / curtailment loss

 

 
0.1

 
0.3

 

 

Net periodic pension (benefit) expense
$
(2.2
)
 
$
(0.6
)
 
$
1.4

 
$
1.5

 
$
0.2

 
$
0.1

 
Year-to-Date
 
Pension Benefits
 
Other Benefits
 
U.S. Plans
 
Non-U.S. Plans
 
All Plans
(Millions of Dollars)
2018
 
2017
 
2018
 
2017
 
2018
 
2017
Service cost
$
3.8

 
$
4.4

 
$
7.7

 
$
6.6

 
$
0.3

 
$
0.3

Interest cost
21.4

 
21.6

 
14.7

 
14.1

 
0.8

 
0.7

Expected return on plan assets
(34.3
)
 
(32.2
)
 
(24.0
)
 
(22.2
)
 

 

Amortization of prior service cost (credit)
0.5

 
0.5

 
(0.6
)
 
(0.6
)
 
(0.7
)
 
(0.7
)
Amortization of net loss
3.9

 
4.2

 
4.7

 
4.6

 

 

Settlement / curtailment loss

 

 
0.2

 
12.8

 

 

Net periodic pension (benefit) expense
$
(4.7
)
 
$
(1.5
)
 
$
2.7

 
$
15.3

 
$
0.4

 
$
0.3


In accordance with the adoption of ASU 2017-07, the components of net periodic benefit cost other than the service cost component are included in Other, net in the Consolidated Statements of Operations and Comprehensive Income.
For the three and six months ended July 1, 2017, the Company recorded pre-tax charges of approximately $0.3 million and $12.8 million, respectively, reflecting losses previously reported in Accumulated other comprehensive loss related to a non-U.S. pension plan for which the Company settled its obligation by purchasing an annuity and making lump sum payments to participants.