v3.26.1
NET PERIODIC BENEFIT COST — DEFINED BENEFIT PLANS
6 Months Ended
Jul. 04, 2026
Retirement Benefits [Abstract]  
NET PERIODIC BENEFIT COST — DEFINED BENEFIT PLANS NET PERIODIC BENEFIT COST — DEFINED BENEFIT PLANS
Following are the components of net periodic pension expense for the three and six months ended July 4, 2026 and June 28, 2025:
 Second Quarter
Pension BenefitsOther Benefits
U.S. PlansNon-U.S. PlansAll Plans
(Millions of Dollars)202620252026202520262025
Service cost $1.0 $1.8 $3.0 $3.0 $ $— 
Interest cost11.5 12.8 10.4 10.8 0.4 0.4 
Expected return on plan assets(14.9)(15.0)(12.3)(12.5) — 
Amortization of prior service cost (credit) 0.1 (0.2)(0.2) — 
Amortization of net loss (gain)2.2 2.2 0.7 0.5 (0.4)(0.5)
Settlement/curtailment loss — 4.1 —  — 
Special termination benefit     6.1 
Net periodic pension (benefit) expense
$(0.2)$1.9 $5.7 $1.6 $ $6.0 
 Year-to-Date
Pension BenefitsOther Benefits
U.S. PlansNon-U.S. PlansAll Plans
(Millions of Dollars)202620252026202520262025
Service cost$2.2 $3.7 $6.0 $5.8 $0.1 $0.1 
Interest cost22.6 25.3 21.0 20.9 0.7 0.7 
Expected return on plan assets(29.7)(29.8)(24.7)(24.2) — 
Amortization of prior service cost (credit)0.1 0.2 (0.4)(0.4) — 
Amortization of net loss (gain)4.3 4.2 1.2 1.1 (0.7)(0.9)
Settlement/curtailment loss1.7 — 3.9 —  — 
Special termination benefit0.2 —  —  6.1 
Net periodic pension expense$1.4 $3.6 $7.0 $3.2 $0.1 $6.0 
The components of net periodic benefit expense other than the service cost component are typically included in Other, net in the Consolidated Statements of Operations and Comprehensive Income.