NET PERIODIC BENEFIT COST - DEFINED BENEFIT PLANS

6 Months Ended

Jun. 27, 2020

Retirement Benefits [Abstract]

NET PERIODIC BENEFIT COSTS - DEFINED BENEFIT PLANS

NET PERIODIC BENEFIT COST — DEFINED BENEFIT PLANSFollowing are the components of net periodic pension (benefit) expense for the three and six months ended June 27, 2020 and June 29, 2019:

	Second Quarter
	Pension Benefits								Other Benefits
	U.S. Plans				Non-U.S. Plans				All Plans
(Millions of Dollars)	2020		2019		2020		2019		2020		2019
Service cost	$	1.7	$	3.2	$	3.9	$	3.7	$	0.2	$	—
Interest cost	8.9		11.7		5.4		7.6		0.4		0.4
Expected return on plan assets	(14.7)		(15.5)		(9.9)		(11.4)		—		—
Amortization of prior service cost (credit)	0.2		0.3		(0.2)		(0.2)		(0.4)		(0.4)
Amortization of net loss	2.2		2.0		2.8		2.2		0.1		—
Special termination benefit	—		—		—		—		16.0		—
Settlement / curtailment loss	—		—		0.2		0.1		—		—
Net periodic pension (benefit) expense	$	(1.7)	$	1.7	$	2.2	$	2.0	$	16.3	$	—

	Year-to-Date
	Pension Benefits								Other Benefits
	U.S. Plans				Non-U.S. Plans				All Plans
(Millions of Dollars)	2020		2019		2020		2019		2020		2019
Service cost	$	3.4	$	6.2	$	7.9	$	7.4	$	0.3	$	0.1
Interest cost	17.7		23.5		11.0		15.3		0.8		0.8
Expected return on plan assets	(29.4)		(30.9)		(20.2)		(23.0)		—		—
Amortization of prior service cost (credit)	0.5		0.5		(0.4)		(0.4)		(0.7)		(0.7)
Amortization of net loss (gain)	4.3		4.0		5.7		4.4		0.2		(0.1)
Special termination benefit	—		—		—		—		16.0		—
Settlement / curtailment loss	—		—		0.3		0.2		—		—
Net periodic pension (benefit) expense	$	(3.5)	$	3.3	$	4.3	$	3.9	$	16.6	$	0.1

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.