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Retirement Plans (Tables)
6 Months Ended
Mar. 31, 2020
Retirement Plans [Abstract]  
Summary of Components of Net Pension Income and Summary of Components of Postretirement Benefit Cost

Pension and Postretirement Income / Expense

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

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

March 31,

 

 

March 31,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Service cost

 

$

14.2

 

 

$

11.4

 

 

$

27.3

 

 

$

22.3

 

Interest cost

 

 

49.5

 

 

 

58.7

 

 

 

99.4

 

 

 

115.2

 

Expected return on plan assets

 

 

(90.8

)

 

 

(85.9

)

 

 

(181.6

)

 

 

(168.8

)

Amortization of net actuarial loss

 

 

11.8

 

 

 

5.4

 

 

 

23.7

 

 

 

12.4

 

Amortization of prior service cost

 

 

2.1

 

 

 

1.3

 

 

 

3.5

 

 

 

2.6

 

Curtailment loss

 

 

0.4

 

 

 

0.9

 

 

 

0.4

 

 

 

0.9

 

Company defined benefit plan income

 

 

(12.8

)

 

 

(8.2

)

 

 

(27.3

)

 

 

(15.4

)

Multiemployer and other plans

 

 

0.4

 

 

 

0.1

 

 

 

0.7

 

 

 

0.3

 

Net pension income

 

$

(12.4

)

 

$

(8.1

)

 

$

(26.6

)

 

$

(15.1

)

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

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

March 31,

 

 

March 31,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Service cost

 

$

0.3

 

 

$

0.3

 

 

$

0.7

 

 

$

0.6

 

Interest cost

 

 

1.8

 

 

 

2.0

 

 

 

3.6

 

 

 

3.9

 

Amortization of net actuarial gain

 

 

(0.2

)

 

 

(0.4

)

 

 

(0.4

)

 

 

(0.8

)

Amortization of prior service credit

 

 

(0.7

)

 

 

(0.7

)

 

 

(1.4

)

 

 

(1.4

)

Net postretirement cost

 

$

1.2

 

 

$

1.2

 

 

$

2.5

 

 

$

2.3