v3.26.1
Employee Benefit Plans
3 Months Ended
Mar. 31, 2026
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract]  
Employee Benefit Plans

5. Employee Benefit Plans

The components of net periodic pension benefit cost and net periodic post-employment benefit cost were as follows (in millions):

 

 

Three Months Ended
March 31,

 

 

 

2026

 

 

2025

 

Components of net periodic pension benefit income

 

 

 

 

 

 

Service cost

 

$

1.2

 

 

$

1.3

 

Interest cost

 

 

4.4

 

 

 

4.5

 

Expected return on plan assets

 

 

(5.6

)

 

 

(5.4

)

Amortization of prior service cost

 

 

0.4

 

 

 

0.4

 

Amortization of net actuarial gain

 

 

(1.4

)

 

 

(1.4

)

Expenses paid

 

 

0.3

 

 

 

0.1

 

Net periodic pension benefit income

 

$

(0.7

)

 

$

(0.5

)

 

 

 

 

 

 

 

Components of net periodic post-employment benefit cost

 

 

 

 

 

 

Service cost

 

$

0.4

 

 

$

0.4

 

Interest cost

 

 

0.7

 

 

 

0.6

 

Amortization of prior service credit

 

 

(0.4

)

 

 

(0.4

)

Net periodic post-employment benefit cost

 

$

0.7

 

 

$

0.6

 

The components of net periodic benefit cost other than “Service cost” and “Expenses paid” are included in “Miscellaneous, net” in the Condensed Consolidated Statements of Income.