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Retirement Benefit Plans
 9 Months Ended
Sep. 30, 2019
Pension Plan [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Pension and Other Postretirement Benefits Disclosure [Text Block]
Note 14 - Retirement Benefit Plans
The following table sets forth the net periodic benefit cost for the Company’s defined benefit pension plans. The amounts for the three and nine months ended September 30, 2019 are based on calculations prepared by the Company's actuaries and represent the Company’s best estimate of the respective period’s proportionate share of the amounts to be recorded for the year ending December 31, 2019.
 
U.S. Plans
International Plans
Total
 
Three Months Ended
September 30,
Three Months Ended
September 30,
Three Months Ended
September 30,
 
2019
2018
2019
2018
2019
2018
Components of net periodic
   benefit cost:
 
 
 
 
 
 
Service cost
$
2.6

$
3.3

$
0.4

$
0.4

$
3.0

$
3.7

Interest cost
5.7

6.0

1.8

1.8

7.5

7.8

Expected return on plan assets
(6.4
)
(7.6
)
(2.4
)
(2.9
)
(8.8
)
(10.5
)
Amortization of prior service cost
0.4

0.4

—

0.1

0.4

0.5

Recognition of actuarial losses
7.0

4.8

—

—

7.0

4.8

   Net periodic benefit cost
$
9.3

$
6.9

$
(0.2
)
$
(0.6
)
$
9.1

$
6.3

 
U.S. Plans
International Plans
Total
 
Nine Months Ended
September 30,
Nine Months Ended
September 30,
Nine Months Ended
September 30,
 
2019
2018
2019
2018
2019
2018
Components of net periodic benefit cost:
 
 
 
 
 
 
Service cost
$
7.8

$
9.7

$
1.2

$
1.2

$
9.0

$
10.9

Interest cost
17.7

17.7

5.5

5.5

23.2

23.2

Expected return on plan assets
(19.2
)
(22.2
)
(7.6
)
(8.8
)
(26.8
)
(31.0
)
Amortization of prior service cost
1.2

1.2

0.1

0.1

1.3

1.3

Recognition of actuarial losses
7.0

2.4

—

—

7.0

2.4

Net periodic benefit cost
$
14.5

$
8.8

$
(0.8
)
$
(2.0
)
$
13.7

$
6.8


The Company currently expects to make contributions and payments related to its global defined benefit pension plans totaling approximately $34.0 million in 2019. Approximately $24.0 million of this amount related to the 2019 payout of deferred compensation in July 2019 to a former executive officer of the Company. The payment triggered a pension remeasurement for one of the Company’s U.S. defined benefit pension plans during the third quarter of 2019. As a result of this remeasurement, the Company recognized an actuarial loss of $7.0 million during the three months ended September 30, 2019.

During the three and nine months ended September 30, 2018, the Company recognized actuarial losses of $4.8 million and $2.4 million, respectively. The remeasurement was required during the period as a result of lump sum payments to new retirees exceeding service and interest costs for one of the Company's U.S. defined benefit plans.