v3.26.1
Pension and Other Post-Retirement Benefits
6 Months Ended
Jun. 30, 2026
Retirement Benefits [Abstract]  
Pension and Other Post-Retirement Benefits Pension and Other Post-Retirement Benefits
The following table shows the components of net periodic cost for the three months ended June 30, 2026 and 2025 (in millions):




2026
Pension
Benefits
2025
Pension
Benefits
2026
Retiree
Health and Life
2025
Retiree
Health and Life
Service cost
$1.8 $1.7 $0.1 $0.1 
Interest cost
3.9 4.3 0.1 0.1 
Expected return on plan assets
(5.2)(5.4)— — 
Amortization of (1):
Unrecognized prior service credit
— — — — 
Unrecognized net actuarial loss (gain)
0.6 0.2 (0.1)— 
Net periodic cost
$1.1 $0.8 $0.1 $0.2 

The following table shows the components of net periodic cost for the six months ended June 30, 2026 and 2025 (in millions):





2026
Pension
Benefits
2025
Pension
Benefits
2026
Retiree
Health and Life
2025
Retiree
Health and Life
Service cost
$3.3 $3.1 $0.1 $0.1 
Interest cost
7.8 8.5 0.2 0.3 
Expected return on plan assets
(10.3)(10.9)— — 
Amortization of (1):
Unrecognized prior service credit
— — — — 
Unrecognized net actuarial loss (gain)
0.9 0.4 (0.2)(0.2)
Net periodic cost
$1.7 $1.1 $0.1 $0.2 
_________
(1)    Amounts reclassified from accumulated other comprehensive loss.

The service cost component of net periodic cost was $1.9 million and $3.4 million for three and six months ended June 30, 2026, and $1.8 million and $3.2 million for the three and six months ended June 30, 2025 and is reported in selling, general and administrative expense in the condensed consolidated statements of income.

The non-service components totaled income of $0.7 million and $1.6 million for the three and six months ended June 30, 2026, and income of $0.8 million and $1.9 million for the three and six months ended June 30, 2025 and are reported in other income (expense) in the condensed consolidated statements of income.