v3.26.1
Retirement Benefits
 6 Months Ended
Jun. 30, 2026
Retirement Benefits [Abstract]  
Retirement Benefits Retirement Benefits
The Company sponsors several qualified and nonqualified defined benefit and defined contribution pension plans as well as other postretirement plans for its employees. The following tables provide the components of net periodic cost for the Company’s major defined benefit plans and its other postretirement plans.
 Pension Benefits
 Three Months Ended June 30,
 20262025
 U.S.Non-U.S.U.S.Non-U.S.
Service cost$— $0.3 $— $0.5 
Interest cost0.1 0.7 0.1 0.6 
Expected return on plan assets— (0.5)— (0.4)
Net amortization0.1 (0.2)0.1 (0.2)
Net periodic cost$0.2 $0.3 $0.2 $0.5 
 Pension Benefits
 Six Months Ended June 30,
 20262025
 U.S.Non-U.S.U.S.Non-U.S.
Service cost$— $0.6 $— $0.8 
Interest cost0.2 1.3 0.2 1.2 
Expected return on plan assets— (1.0)— (0.9)
Net amortization0.1 (0.2)0.1 (0.2)
Net periodic cost$0.3 $0.7 $0.3 $0.9 
 Other Postretirement Benefits
 Three Months Ended June 30,Six Months Ended June 30,
 2026202520262025
Service cost$0.1 $0.1 $0.2 $0.2 
Interest cost0.2 0.2 0.4 0.4 
Net amortization(0.1)(0.2)(0.3)(0.4)
Net periodic cost$0.2 $0.1 $0.3 $0.2 
The Company recognizes the service cost component in both Cost of sales and Selling, general and administrative expenses in the Condensed Consolidated Statements of Income depending on the functional area of the underlying employees and the interest cost, expected return on plan assets and net amortization components in Other (income) expense – net in the Condensed Consolidated Statements of Income.

The Company expects to contribute approximately $4.6 million to its defined benefit plans and $1.0 million to its other postretirement benefit plans in 2026. The Company contributed a total of $2.8 million and $2.4 million to fund these plans during the six months ended June 30, 2026 and 2025, respectively.