Employee Benefit Plans

6 Months Ended

Mar. 29, 2020

Employee Benefit Plans [Abstract]

Employee Benefit Plans

NOTE 14 - EMPLOYEE BENEFIT PLANS

The net periodic benefit cost for defined benefit plans for the three and six month periods ended March 29, 2020 and March 31, 2019 are as follows:

	U.S. Plans				Non U.S. Plans
(in millions)	March 29, 2020		March 31, 2019		March 29, 2020		March 31, 2019
Three Month Period Ended
Service cost	$	0.2	$	0.1	$	0.6	$	0.5
Interest cost		0.5		0.7		0.6		0.9
Expected return on assets		(1.0)		(1.1)		(0.9)		(1.1)
Recognized net actuarial loss		0.2		0.1		0.8		0.5
Net periodic benefit cost	$	(0.1)	$	(0.2)	$	1.1	$	0.8
Six Month Period Ended
Service cost	$	0.3	$	0.2	$	1.1	$	1.0
Interest cost		1.1		1.4		1.2		1.8
Expected return on assets		(2.1)		(2.2)		(1.8)		(2.2)
Settlement and curtailment		0.9		—		—		—
Recognized net actuarial loss		0.5		0.1		1.6		1.0
Net periodic benefit cost	$	0.7	$	(0.5)	$	2.1	$	1.6
Weighted average assumptions
Discount rate	3.07%		4.10%		0.75 - 7.70%		1.00 - 8.15%
Expected return on plan assets	6.50%		6.50%		0.75 - 3.40%		1.00 - 4.01%
Rate of compensation increase	N/A		N/A		2.25 - 6.00%		2.05 - 4.85%

Contributions to our pension and defined benefit plans, including discretionary amounts, for the three month periods ended March 29, 2020 and March 31, 2019 were $0.7 and $0.5 million, respectively. Contributions to our pension and defined benefit plans, including discretionary amounts, for the six month periods ended March 29, 2020 and March 31, 2019, were $1.5 million and $0.9 million, respectively.