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Defined Benefit Plans
9 Months Ended
Sep. 27, 2019
Retirement Benefits [Abstract]  
Defined Benefit Plans DEFINED BENEFIT PLANS
The following sets forth the components of the Company’s net periodic benefit cost of the noncontributory defined benefit pension plans ($ in millions):
 
Three-Month Period Ended
 
Nine-Month Period Ended
 
September 27, 2019
 
September 28, 2018
 
September 27, 2019
 
September 28, 2018
Service cost
$
(2.2
)
 
$
(2.6
)
 
$
(6.8
)
 
$
(7.5
)
Interest cost
(0.5
)
 
(0.5
)
 
(1.6
)
 
(1.5
)
Expected return on plan assets
0.7

 
1.0

 
2.3

 
2.9

Amortization of initial net obligation

 
(0.1
)
 
(0.1
)
 
(0.2
)
Amortization of prior service credit
0.1

 
0.1

 
0.1

 
0.1

Amortization of net loss
(0.1
)
 
(0.2
)
 
(0.3
)
 
(0.6
)
Curtailment and settlement gains recognized

 
1.2

 
1.2

 
1.2

Net periodic pension cost
$
(2.0
)
 
$
(1.1
)
 
$
(5.2
)
 
$
(5.6
)

The net periodic benefit cost of the noncontributory defined benefit pension plans incurred during the three and nine-month periods ended September 27, 2019 and September 28, 2018 are reflected in the following captions in the accompanying Consolidated and Combined Condensed Statements of Earnings ($ in millions):
 
Three-Month Period Ended
 
Nine-Month Period Ended
 
September 27, 2019
 
September 28, 2018
 
September 27, 2019
 
September 28, 2018
Service cost:
 
 
 
 
 
 
 
Selling, general and administrative expenses
$
(2.2
)
 
$
(2.6
)
 
$
(6.8
)
 
$
(7.5
)
Other net periodic pension costs:
 
 
 
 
 
 
 
Nonoperating income (expense)
0.2

 
1.5

 
1.6

 
1.9

Total
$
(2.0
)
 
$
(1.1
)
 
$
(5.2
)
 
$
(5.6
)

Employer Contributions
During 2019, the Company’s cash contribution requirements for its defined benefit pension plans are forecasted to be $8 million. The ultimate amount to be contributed depends upon, among other things, legal requirements, underlying asset returns, the plan’s funded status, the anticipated tax deductibility of the contribution, local practices, market conditions, interest rates and other factors.