PENSION AND POST-RETIREMENT PLANS - COMPONENTS OF NET PERIODIC BENEFIT COST (Details) - USD ($) $ in Millions |
3 Months Ended | 6 Months Ended | ||
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Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
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Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income, net of tax: | ||||
Total recognized in other comprehensive (income) loss | $ 0.9 | $ 0.7 | $ 1.7 | $ 1.5 |
Pension Benefits | ||||
Components of net periodic benefit cost (credit): | ||||
Service cost | 1.1 | 0.8 | 2.2 | 1.7 |
Interest cost | 2.6 | 2.5 | 5.2 | 4.9 |
Expected return on plan assets | (4.4) | (3.8) | (8.8) | (7.6) |
Amortization of net actuarial loss (gain) | 0.1 | 0.2 | ||
Net periodic benefit credit | (0.7) | (0.4) | (1.4) | (0.8) |
Post-retirement benefits | ||||
Components of net periodic benefit cost (credit): | ||||
Service cost | 0.1 | 0.1 | 0.1 | 0.2 |
Interest cost | 0.2 | 0.2 | 0.5 | 0.5 |
Amortization of net actuarial loss (gain) | (0.1) | (0.2) | (0.3) | (0.4) |
Amortization of prior service credit | (1.0) | (0.9) | (1.9) | (1.8) |
Net periodic benefit credit | $ (0.8) | $ (0.8) | $ (1.6) | $ (1.5) |
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- Definition Amount of gain (loss) recognized in net periodic benefit (cost) credit of defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of prior service cost (credit) recognized in net periodic benefit cost (credit) of defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition Amount of expected return (loss) recognized in net periodic benefit (cost) credit, calculated based on expected long-term rate of return and market-related value of plan assets of defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of cost recognized for passage of time related to defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of net periodic benefit cost (credit) for defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount of cost for actuarial present value of benefits attributed to service rendered by employee for defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount, after tax and reclassification adjustment, of (increase) decrease in accumulated other comprehensive income for defined benefit plan. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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