v3.25.4
Pension and Postretirement Health and Life Benefits (Tables)
 12 Months Ended
Dec. 31, 2025
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Changes in Projected Benefit Obligations [Table Text Block]
Changes in the projected benefit obligations and plan assets and the funded status of the plans follow:
Defined Benefit Pension PlansPostretirement Health
and Life Benefit Plans
(in millions)
Year Ended December 31,Year Ended December 31,
2025202420252024
Changes in Benefit Obligations:
Obligations at beginning of period$30.6 $308.2 $84.1 $91.3 
Actuarial losses (gains), net
0.9 (21.9)2.5 — 
Service costs0.4 2.1 — — 
Interest costs1.7 7.6 4.5 4.5 
Benefits paid from plan assets
(1.9)(24.6)(9.7)(11.7)
Benefits paid from Company assets— (0.4)— — 
Settlements— (238.8)— — 
Administrative expenses paid(0.7)(1.6)— — 
Obligations at end of period31.0 30.6 81.4 84.1 
Changes in Plan Assets:
Fair value of plan assets at beginning of period
31.0 290.5 — — 
Actual return on plan assets2.4 5.3 — — 
Company contributions0.5 0.6 9.7 11.7 
Benefits paid(1.9)(25.0)(9.7)(11.7)
Settlements— (238.8)— — 
Administrative expenses paid(0.7)(1.6)— — 
Fair value of plan assets at end of period
31.3 31.0 — — 
Funded (Unfunded) status at end of period
$0.3 $0.4 $(81.4)$(84.1)
Amounts recognized in assets and liabilities:
      Noncurrent assets
$4.6 $4.8 $— $— 
      Current liabilities(1.3)(0.4)(9.2)(9.5)
      Noncurrent liabilities
(3.0)(4.0)(72.2)(74.6)
$0.3 $0.4 $(81.4)$(84.1)
Amounts in accumulated other comprehensive income (loss), pre-tax:
      Prior service credit$0.1 $— $(1.6)$(1.7)
Schedule of Net Benefit Costs [Table Text Block]
Components of Net Periodic Benefit Costs and Other Amounts Recognized in Other Comprehensive Income

The Company reports service costs for its defined benefit pension plans and its postretirement health and life benefit plans in Cost of Sales and Selling, General and Administrative Expenses. The remaining components of net periodic benefit (credits) costs are reported as Nonoperating Components of Net Periodic Benefit Income.

Defined Benefit Pension PlansPostretirement Health
and Life Benefit Plans
(in millions)Year Ended December 31,Year Ended December 31,
202520242023202520242023
Net Periodic Benefit (Credits) Costs
Service costs$0.4 $2.1 $2.9 $— $— $— 
Interest costs1.7 7.6 27.8 4.5 4.5 5.0 
Expected return on plan assets(1.9)(9.4)(31.0)— — (0.1)
Amortization of prior service credits, net(0.1)(0.1)(0.2)(0.1)(0.1)(0.1)
Actuarial losses (gains), net
0.4 (17.9)(26.0)2.5 — 1.4 
Net periodic benefit (credits) costs$0.5 $(17.7)$(26.5)$6.9 $4.4 $6.2 

Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income (Loss)
Amortization of prior service costs, net$— $— $— $(1.6)$(1.7)$(1.8)
Prior service credit0.1 — (0.1)— — — 
Total recognized in other comprehensive loss, pre-tax$0.1 $— $(0.1)$(1.6)$(1.7)$(1.8)
Total recognized in net periodic benefit costs (income) and other comprehensive income (loss), pre-tax$0.6 $(17.7)$(26.6)$5.3 $2.7 $4.4 
Schedule of Assumptions Used [Table Text Block]
Assumptions Used to Determine Net Periodic Benefit Costs
Defined Benefit Pension PlansPostretirement Health
and Life Benefit Plans
Year Ended December 31,Year Ended December 31,
202520242023202520242023
Discount rate
5.6%5.7%5.2%5.4%5.6%5.2%
Expected return on plan assets
6.3%6.8%6.8%—%—%4.0%
Schedule of Health Care Cost Trend Rates [Table Text Block]
Healthcare cost trend rates used to measure postretirement health benefit obligations follow:
December 31,
20252024
Healthcare cost trend rate for the following year
9.0%7.0%
Long-term rate that the healthcare cost trend rate gradually declines to
5%5%
Year that the healthcare cost trend rate is expected to reach the long-term rate
20342033
Schedule of Allocation of Plan Assets [Table Text Block]
Plan assets are measured at fair value. Following are the plan investments as of December 31, 2025 and 2024, categorized by the fair value hierarchy levels described in Note 10, Fair Value:
Defined Benefit Pension and Postretirement Health and Life Benefit Plans
(in millions)Level 1Level 2Level 3Total
20252024202520242025202420252024
U.S. government securities$6.2 $5.7 $— $— $— $— $6.2 $5.7 
Corporate debt— — — — — — — — 
Municipal bonds and non-U.S. government securities18.7 17.7 — — — — 18.7 17.7 
Mutual funds
4.7 4.4 — — — — 4.7 4.4 
Fair value of investments by hierarchy level$29.6 $27.8 $— $— $— $— 29.6 27.8 
Investments measured at NAV (a)1.6 3.2 
Accrued interest receivable0.1 — 
Plan assets$31.3 $31.0 
Schedule of Expected Benefit Payments [Table Text Block]
Estimated future benefit plan payments follow (in millions):
Defined Benefit Pension PlansPostretirement Health and Life Benefit Plans
2026$2.7 $9.2 
20272.0 8.6 
20281.9 8.0 
20292.3 7.6 
20302.5 6.9 
2031 to 203510.9 28.9