5. Employee Benefit Plans The components of net periodic pension benefit cost and net periodic post-employment benefit cost were as follows (in millions):
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Three Months Ended
September 30, |
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Nine Months Ended
September 30, |
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2026 |
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2025 |
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2026 |
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2025 |
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Components of net periodic pension benefit income |
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Service cost |
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$ |
1.2 |
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$ |
1.3 |
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$ |
3.5 |
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$ |
3.8 |
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Interest cost |
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4.4 |
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4.5 |
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13.3 |
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13.4 |
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Expected return on plan assets |
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(5.6 |
) |
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(5.4 |
) |
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(16.8 |
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(16.2 |
) |
Amortization of prior service cost |
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0.4 |
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0.4 |
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1.2 |
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1.2 |
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Amortization of net actuarial gain |
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(1.4 |
) |
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(1.5 |
) |
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(4.3 |
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(4.3 |
) |
Expenses paid |
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0.3 |
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0.2 |
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0.9 |
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0.5 |
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Net periodic pension benefit income |
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$ |
(0.7 |
) |
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$ |
(0.5 |
) |
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$ |
(2.2 |
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$ |
(1.6 |
) |
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Components of net periodic post-employment benefit cost |
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Service cost |
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$ |
0.4 |
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$ |
0.4 |
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$ |
1.1 |
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$ |
1.1 |
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Interest cost |
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0.7 |
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0.5 |
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2.0 |
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1.8 |
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Amortization of prior service credit |
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(0.4 |
) |
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(0.4 |
) |
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(1.1 |
) |
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(1.1 |
) |
Amortization of net actuarial (gain) loss |
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— |
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— |
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0.1 |
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(0.1 |
) |
Net periodic post-employment benefit cost |
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$ |
0.7 |
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$ |
0.5 |
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$ |
2.1 |
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$ |
1.7 |
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Amounts other than “Service cost” and “Expenses paid” are included in “Miscellaneous, net” in the Condensed Consolidated Statements of Income.
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