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Pension and Other Post-Retirement Benefits
 9 Months Ended
Sep. 26, 2019
Defined Benefit Plan [Abstract]  
Pension and Other Post-Retirement Benefits Pension and Other Post-Retirement Benefits
 
 
 
Defined Benefit Plans
 
 
For the Three
 Months Ended
 
For the Nine
Months Ended
Components of Net Periodic Pension Expense/(Income)
 
September 26,
2019

September 27,
2018
 
September 26,
2019
 
September 27,
2018
Service cost
 
$
0.3

 
$
0.2

 
$
1.0

 
$
0.6

Interest cost
 
10.0

 
9.2

 
30.0

 
27.4

Expected return on plan assets
 
(16.6
)
 
(17.4
)
 
(50.0
)
 
(52.3
)
Amortization of net loss
 
0.1

 
—

 
0.5

 
—

Curtailment gain
 
—

 
—

 
(0.1
)
 
—

Special termination benefits (1)
 
(5.5
)
 
—

 
9.7

 
—

Net periodic pension (income) expense
 
$
(11.7
)
 
$
(8.0
)
 
$
(8.9
)
 
$
(24.3
)

(1) Special termination benefits for the three and nine months ending September 26, 2019 is a combination of pension value plan, postretirement medical plan, and settlement accounting changes offset by a reduction in the Company's net benefit obligation. Due to settlement accounting, the Company remeasured the pension assets and obligations which resulted in a $48.8 impact to OCI that is included in the Company’s Condensed Consolidated Statements of Comprehensive Income. The Company expects to record an additional change during the fourth quarter of 2019 related to settlement accounting tied to cash payments made.

 
 
 
Other Benefits
 
 
For the Three
Months Ended
 
For the Nine
Months Ended
Components of Other Benefit Expense
 
September 26,
2019
 
September 27,
2018
 
September 26,
2019
 
September 27,
2018
Service cost
 
$
0.2

 
$
0.3

 
$
0.7

 
$
0.8

Interest cost
 
0.3

 
0.3

 
1.0

 
0.8

Amortization of prior service cost
 
(0.2
)
 
(0.2
)
 
(0.7
)
 
(0.7
)
Amortization of net gain
 
(0.6
)
 
(0.6
)
 
(1.8
)
 
(1.7
)
Net periodic other benefit (income) expense
 
$
(0.3
)
 
$
(0.2
)
 
$
(0.8
)
 
$
(0.8
)


Employer Contributions
 
The Company expects to contribute zero dollars to the U.S. qualified pension plan and a combined total of approximately $6.9 for the Supplemental Executive Retirement Plan (“SERP”) and post-retirement medical plans in 2019.  The Company’s projected contributions to the U.K. pension plan for 2019 are $1.7. The entire amount contributed can vary based on exchange rate fluctuations.