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Pension and Other Postretirement Benefits (Tables)
3 Months Ended
Mar. 31, 2020
Retirement Benefits [Abstract]  
Schedule of components of net periodic benefit cost for defined benefit plans and postretirement plans other than pensions
The following table presents the components of net periodic benefit cost for the Company’s defined benefit plans and postretirement plans other than pensions:
 
Components of Net Periodic Benefit Cost for Defined Benefit Plans 
 
 
Pension Benefits
 
Postretirement Benefits
Other than Pensions
 
 
Three Months Ended March 31,
 
 
2020
 
2019
 
2020
 
2019
Service cost
 
$
1.2

 
$
1.3

 
$
0.3

 
$
0.3

Interest cost
 
3.5

 
4.1

 
0.2

 
0.4

Expected return on plan assets (a)
 
(5.2
)
 
(5.0
)
 

 

Recognized net actuarial loss
 
1.3

 
1.5

 
0.2

 
0.2

Amortization of prior service benefit
 
0.1

 
0.1

 

 

Net periodic benefit cost
 
$
0.9

 
$
2.0

 
$
0.7

 
$
0.9

 
 
 
 
 
 
 
 
 
(a) The expected return on plan assets is determined by multiplying the fair value of plan assets at the prior year-end (adjusted for estimated current year cash benefit payments and contributions) by the expected long-term rate of return. The Dutch pension plan is funded through an insurance contract, and the expected return on plan assets is calculated based on the discount rate of the insured obligations.