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Employee Benefit Plans
6 Months Ended
Jun. 30, 2023
Retirement Benefits [Abstract]  
Employee Benefit Plans

Note 12 – Employee Benefit Plans

Net periodic benefit costs related to the Company’s unfunded supplemental benefit pension plans are summarized as follows:

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

(in millions)

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Expense:

 

 

 

 

 

 

 

 

 

 

 

 

Interest costs

 

$

2.6

 

 

$

1.5

 

 

$

5.1

 

 

$

3.0

 

Amortization of net actuarial loss

 

 

0.6

 

 

 

1.4

 

 

 

1.1

 

 

 

2.9

 

Amortization of prior service cost

 

 

 

 

 

0.1

 

 

 

 

 

 

0.2

 

 

$

3.2

 

 

$

3.0

 

 

$

6.2

 

 

$

6.1

 

 

The Company contributed $7.7 million to its unfunded supplemental benefit pension plans during the six months ended June 30, 2023 and expects to contribute an additional $8.0 million during the remainder of 2023.