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Retirement Plans (Tables)
3 Months Ended
Dec. 31, 2023
Retirement Plans [Abstract]  
Summary of Components of Net Pension Cost and Summary of Components of Postretirement Benefit Cost

Pension and Postretirement Cost

The following table presents a summary of the components of net pension cost (in millions):

 

 

 

Three Months Ended

 

 

 

December 31,

 

 

 

2023

 

 

2022

 

Service cost

 

$

6.6

 

 

$

7.5

 

Interest cost

 

 

65.5

 

 

 

63.7

 

Expected return on plan assets

 

 

(76.0

)

 

 

(75.8

)

Amortization of net actuarial loss

 

 

8.1

 

 

 

14.5

 

Amortization of prior service cost

 

 

1.7

 

 

 

2.1

 

Company defined benefit plan cost

 

 

5.9

 

 

 

12.0

 

Multiemployer and other plans

 

 

0.4

 

 

 

0.3

 

Net pension cost

 

$

6.3

 

 

$

12.3

 

The following table presents a summary of the components of the net postretirement cost (in millions):

 

 

Three Months Ended

 

 

 

December 31,

 

 

 

2023

 

 

2022

 

Service cost

 

$

0.2

 

 

$

0.2

 

Interest cost

 

 

1.9

 

 

 

1.8

 

Amortization of net actuarial gain

 

 

(1.3

)

 

 

(1.1

)

Amortization of prior service credit

 

 

(0.1

)

 

 

(0.2

)

Net postretirement cost

 

$

0.7

 

 

$

0.7