v3.26.1
Defined benefit pension plans
6 Months Ended
Jun. 30, 2026
Defined benefit pension plans  
Defined benefit pension plans

Note 11 – Defined benefit pension plans:

The components of our net periodic defined benefit pension cost are presented in the table below.

Three months ended

Six months ended

June 30, 

June 30, 

  ​ ​ ​

2025

  ​ ​ ​

2026

  ​ ​ ​

2025

  ​ ​ ​

2026

(In millions)

Service cost

$

1.5

$

1.2

$

2.9

$

2.5

Interest cost

5.8

5.5

11.3

11.1

Expected return on plan assets

 

(5.9)

 

(5.3)

 

(11.4)

 

(10.6)

Recognized net actuarial losses

 

.9

 

.5

 

1.6

 

.9

Total

$

2.3

$

1.9

$

4.4

$

3.9

We expect to contribute the equivalent of approximately $17 million to all of our defined benefit pension plans during 2026.