v3.26.1
Postretirement and Other Benefits
 6 Months Ended
Jun. 30, 2026
Retirement Benefits [Abstract]  
Postretirement and Other Benefits Postretirement and Other BenefitsThe Company sponsors a number of different defined contribution retirement plans, alternative retirement plans and/or defined benefit pension plans across its operations. Defined benefit pension plans are sponsored in the United States, France, United Kingdom, Germany, Italy, and Canada and OPEB benefits related to post-retirement healthcare and life insurance are sponsored in the United States, Germany, and Canada. As of June 30, 2026, retained contributions of $4.5 million related to our UK Pension scheme are included in Restricted cash. The use of these funds is limited to obligations associated with the scheme.
Pension and Other Benefits

The components of net pension cost (benefit) during the three months ended June 30, 2026 and 2025 were as follows (in millions):
Pension Benefits
Other Post-employment Plans
U.S.Non-U.S. U.S.Non-U.S.
Three Months Ended June 30,
20262025202620252026202520262025
Service cost$0.3 $0.3 $0.3 $0.2 $— $0.1 $0.3 $0.3 
Interest cost3.3 4.3 1.9 2.1 0.3 0.1 — — 
Expected return on plan assets(4.2)(4.8)(1.5)(1.3)— — — — 
Amortizations and other— — 0.1 — — — — — 
Net pension cost (benefit)
$(0.6)$(0.2)$0.8 $1.0 $0.3 $0.2 $0.3 $0.3 
The components of net pension cost (benefit) during the six months ended June 30, 2026 and 2025 were as follows (in millions):
Pension BenefitsOther Post-employment Plans
U.S.Non-U.S.U.S.Non-U.S.
Six Months Ended June 30,
20262025202620252026202520262025
Service cost$0.5 $0.6 $0.6 $0.5 $— $0.1 $0.6 $0.6 
Interest cost6.6 8.7 3.8 4.0 0.5 0.4 — — 
Expected return on plan assets(8.2)(9.7)(3.1)(2.6)— — — — 
Amortizations and other— — 0.3 — — — — — 
Net pension cost (benefit)
$(1.1)$(0.4)$1.6 $1.9 $0.5 $0.5 $0.6 $0.6 
The components of net pension cost (benefit) other than the service cost component are included in Other income (expense), net in the unaudited Condensed Consolidated Statements of Income (Loss).
The Company's cost under the qualified defined contribution retirement plans was $3.9 million and $3.6 million, respectively, for the three months ended June 30, 2026 and 2025 and $7.9 million and $7.4 million, respectively, for the six months ended June 30, 2026 and 2025.