v3.25.2
Defined Benefit and Postretirement Benefits
6 Months Ended
Jun. 30, 2025
Retirement Benefits [Abstract]  
Defined Benefit and Postretirement Benefits Defined Benefit and Postretirement Benefits
For all plans, the components of net periodic benefit for the three months ended June 30, 2025, and 2024 are as follows:
PensionPostretirement
(in millions)2025202420252024
Service cost$0.9 $0.9 $— $— 
Interest cost8.6 8.7 0.1 — 
Expected return on plan assets(11.1)(12.5)— — 
Amortization of prior service cost0.2 0.2 — — 
Amortization of net loss (gain)3.5 3.7 (0.1)(0.1)
Net periodic loss (benefit) (a)
$2.1 $1.0 $— $(0.1)
(a) Includes $0.1 million of pension net periodic loss related to discontinued operations for the three months ended June 30, 2024.
For all plans, the components of net periodic benefit for the six months ended June 30, 2025, and 2024 are as follows:
PensionPostretirement
(in millions)2025202420252024
Service cost$1.7 $1.8 $— $— 
Interest cost17.2 17.3 0.1 0.1 
Expected return on plan assets(22.1)(25.0)— — 
Amortization of prior service cost0.4 0.4 — — 
Amortization of net loss (gain)7.0 7.5 (0.2)(0.2)
Net periodic loss (benefit) (a)
$4.2 $2.0 $(0.1)$(0.1)
(a) Includes $0.3 million of pension net periodic loss related to discontinued operations for the six months ended June 30, 2024.
The components of net periodic benefit, other than the service cost component, are included in “Miscellaneous income, net” in our Condensed Consolidated Statements of Operations. Service cost is recorded within “Cost of sales” and “ Engineering, selling, and administrative” in our Condensed Consolidated Statements of Operations.
We expect to contribute the following to our pension and postretirement plans:
(in millions)PensionPostretirement
Expected contributions in 2025$16.8 $0.4 
Amounts contributed during the six months ended June 30, 2025
$6.0 $0.2