Retirement Benefits (Tables)

9 Months Ended

Sep. 30, 2022

Schedule Of Defined Benefit Plans Disclosures

For the three month periods ended September 30, 2022 and 2021, the components of pension and other postretirement benefit expense (income) for the Company’s defined benefit plans included the following (in millions):


	Pension Benefits				Other Postretirement Benefits
	Three months ended September 30,				Three months ended September 30,
	2022		2021		2022		2021
Service cost - benefits earned during the year	$	3.0	$	3.8	$	0.3	$	0.4
Interest cost on benefits earned in prior years	17.2		17.1		1.9		1.9
Expected return on plan assets	(31.6)		(34.1)		—		—
Amortization of prior service cost (credit)	0.1		0.2		(0.2)		(0.6)
Amortization of net actuarial loss	15.8		18.9		3.3		3.6
Settlement gain	—		—		—		(64.9)
Total retirement benefit expense (income)	$	4.5	$	5.9	$	5.3	$	(59.6)

For the nine month periods ended September 30, 2022 and 2021, the components of pension and other postretirement benefit expense (income) for the Company’s defined benefit plans included the following (in millions):


	Pension Benefits				Other Postretirement Benefits
	Nine months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021
Service cost - benefits earned during the year	$	9.0	$	11.3	$	0.8	$	1.1
Interest cost on benefits earned in prior years	52.5		51.3		5.8		6.1
Expected return on plan assets	(96.6)		(102.3)		—		—
Amortization of prior service cost (credit)	0.3		0.5		(0.7)		(1.9)
Amortization of net actuarial loss	47.7		56.7		9.9		10.2
Settlement loss (gain)	29.5		—		—		(64.9)
Total retirement benefit expense (income)	$	42.4	$	17.5	$	15.8	$	(49.4)