v3.25.2
Pension and Other Postretirement Benefit Plans
 6 Months Ended
Jun. 28, 2025
Retirement Benefits [Abstract]  
Pension and Other Postretirement Benefit Plans Pension and Other Postretirement Benefit Plans
The Company sponsors defined benefit pension plans covering certain eligible employees in the United States and certain foreign countries. The Company also sponsors postretirement benefit plans (primarily for the continuation of medical benefits) covering certain eligible retirees in the United States and Canada.
Net Periodic Pension and Other Postretirement Benefit Cost (Credit)
The components of the Company's net periodic pension benefit cost (credit) are shown below (in millions):
 Three Months EndedSix Months Ended
 June 28, 2025June 29, 2024June 28, 2025June 29, 2024
 U.S.ForeignU.S.ForeignU.S.ForeignU.S.Foreign
Service cost$— $1.0 $— $1.0 $— $1.9 $— $2.0 
Interest cost4.5 3.9 5.1 3.9 9.0 7.6 10.2 7.8 
Expected return on plan assets(4.1)(3.9)(5.4)(3.7)(8.2)(7.6)(10.7)(7.4)
Amortization of actuarial loss0.3 0.4 0.2 0.5 0.3 0.8 0.4 1.0 
Settlement gain— — — — (0.1)— (0.1)— 
Net periodic benefit cost (credit)$0.7 $1.4 $(0.1)$1.7 $1.0 $2.7 $(0.2)$3.4 
The components of the Company's net periodic other postretirement benefit (credit) cost are shown below (in millions):
Three Months EndedSix Months Ended
 June 28, 2025June 29, 2024June 28, 2025June 29, 2024
 U.S.ForeignU.S.ForeignU.S.ForeignU.S.Foreign
Interest cost$0.3 $0.1 $0.3 $0.2 $0.7 $0.3 $0.7 $0.4 
Amortization of actuarial gain(0.7)— (0.7)(0.1)(1.4)(0.1)(1.5)(0.2)
Amortization of prior service credit— — (0.1)— — — (0.1)— 
Net periodic benefit cost (credit)$(0.4)$0.1 $(0.5)$0.1 $(0.7)$0.2 $(0.9)$0.2 
For further information related to the Company's pension and other postretirement benefit plans, see Note 9, "Pension and Other Postretirement Benefit Plans," to the consolidated financial statements included in the Company's Annual Report on Form 10-K for the year ended December 31, 2024.