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Retirement Plans (Tables)
9 Months Ended
Jun. 30, 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

 

 

Nine Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Service cost

 

$

11.9

 

 

$

10.2

 

 

$

39.2

 

 

$

32.5

 

Interest cost

 

 

49.7

 

 

 

58.8

 

 

 

149.1

 

 

 

174.0

 

Expected return on plan assets

 

 

(90.1

)

 

 

(85.9

)

 

 

(271.7

)

 

 

(254.7

)

Amortization of net actuarial loss

 

 

11.4

 

 

 

6.3

 

 

 

35.1

 

 

 

18.7

 

Amortization of prior service cost

 

 

1.9

 

 

 

1.3

 

 

 

5.4

 

 

 

3.9

 

Curtailment loss

 

 

 

 

 

0.1

 

 

 

0.4

 

 

 

1.0

 

Company defined benefit plan income

 

 

(15.2

)

 

 

(9.2

)

 

 

(42.5

)

 

 

(24.6

)

Multiemployer pension withdrawal income

 

 

(2.0

)

 

 

(1.7

)

 

 

(1.1

)

 

 

(1.7

)

Multiemployer and other plans

 

 

0.3

 

 

 

0.2

 

 

 

1.0

 

 

 

0.5

 

Net pension income

 

$

(16.9

)

 

$

(10.7

)

 

$

(42.6

)

 

$

(25.8

)

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

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Service cost

 

$

0.3

 

 

$

0.2

 

 

$

1.0

 

 

$

0.8

 

Interest cost

 

 

1.7

 

 

 

1.9

 

 

 

5.3

 

 

 

5.8

 

Amortization of net actuarial loss (gain)

 

 

0.5

 

 

 

(0.7

)

 

 

0.1

 

 

 

(1.5

)

Amortization of prior service credit

 

 

(0.7

)

 

 

(0.7

)

 

 

(2.1

)

 

 

(2.1

)

Net postretirement cost

 

$

1.8

 

 

$

0.7

 

 

$

4.3

 

 

$

3.0