Pension and Other Postretirement Benefits

6 Months Ended

Jun. 30, 2017

Pension and Other Postretirement Benefits [Abstract]

Pension and Other Postretirement Benefits

Note 7. Pension and Other Postretirement Benefits

The following table summarizes the components of net periodic benefit cost for the Company’s defined benefit pension plans and other postretirement benefit plans recognized for the three and six month periods ended June 30, 2017 and 2016:

	Pension Benefits												Other Postretirement
	U.S. Plans						Non-U.S. Plans						Benefits
	Three Months Ended June 30, 2017			Six Months Ended June 30, 2017			Three Months Ended June 30, 2017			Six Months Ended June 30, 2017			Three Months Ended June 30, 2017		Six Months Ended June 30, 2017
Service cost	$	-		$	-		$	0.5		$	0.9		$	-	$	-
Interest cost		0.6			1.1			1.9			3.8			-		0.1
Expected return on plan assets		(1.1	)		(2.2	)		(2.6	)		(5.1	)		-		-
Recognition of:
Unrecognized prior service cost		-			-			-			-			-		-
Unrecognized net actuarial loss		-			-			1.2			2.4			-		-
	$	(0.5	)	$	(1.1	)	$	1.0		$	2.0		$	-	$	0.1

	Pension Benefits												Other Postretirement
	U.S. Plans						Non-U.S. Plans						Benefits
	Three Months Ended June 30, 2016			Six Months Ended June 30, 2016			Three Months Ended June 30, 2016			Six Months Ended June 30, 2016			Three Months Ended June 30, 2016		Six Months Ended June 30, 2016
Service cost	$	-		$	-		$	0.4		$	0.9		$	-	$	-
Interest cost		0.7			1.3			2.5			5.0			-		0.1
Expected return on plan assets		(1.1	)		(2.3	)		(3.1	)		(6.2	)		-		-
Recognition of:
Unrecognized prior service cost		-			-			-			-			-		-
Unrecognized net actuarial loss		-			-			0.8			1.6			-		-
	$	(0.4	)	$	(1.0	)	$	0.6		$	1.3		$	-	$	0.1