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Retirement and Other Benefit Programs
6 Months Ended
Jun. 30, 2018
Retirement Benefits [Abstract]  
Retirement and Other Benefit Programs
Retirement and Other Benefit Programs

The Company sponsors various pension and other post-employment benefit (OPEB) plans in the U.S. and other countries. Net periodic benefit cost for the three and six months ended June 30, 2018 and 2017 is as follows:

 
Three months ended June 30,
 
2018
 
2017
(In millions)
U.S. pensions
 
International pensions
 
OPEB (U.S.)
 
U.S. pensions
 
International pensions
 
OPEB (U.S.)
Net periodic benefit cost
 
 
 
 
 
 
 
 
 
 
 
Service cost
$

 
$
9.5

 
$

 
$
3.7

 
$
9.4

 
$
0.4

Interest cost
3.9

 
1.3

 
0.1

 
3.9

 
1.2

 
0.3

Expected return on plan assets
(4.3
)
 
(2.0
)
 

 
(4.0
)
 
(1.8
)
 

Amortization of net prior service cost

 

 
(0.2
)
 

 

 

Amortization of actuarial gain

 
(0.3
)
 

 

 

 

Net periodic benefit cost
$
(0.4
)
 
$
8.5

 
$
(0.1
)
 
$
3.6

 
$
8.8

 
$
0.7


 
Six months ended June 30,
 
2018
 
2017
(In millions)
U.S. pensions
 
International pensions
 
OPEB (U.S.)
 
U.S. pensions
 
International pensions
 
OPEB (U.S.)
Net periodic benefit cost
 
 
 
 
 
 
 
 
 
 
 
Service cost
$

 
$
19.0

 
$

 
$
7.4

 
$
18.8

 
$
0.8

Interest cost
7.8

 
2.6

 
0.2

 
7.8

 
2.4

 
0.6

Expected return on plan assets
(8.6
)
 
(4.0
)
 

 
(8.0
)
 
(3.6
)
 

Amortization of net prior service cost

 

 
(0.4
)
 

 

 

Amortization of actuarial (gain)/loss

 
(0.6
)
 

 

 
0.9

 

Net periodic benefit cost
$
(0.8
)
 
$
17.0

 
$
(0.2
)
 
$
7.2

 
$
18.5

 
$
1.4



The components of net periodic benefit cost other than the service cost component are included in the line item Other income, net in these Unaudited Consolidated Statement of Operations.