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Pension And Other Benefit Plans
6 Months Ended
Jul. 03, 2020
Retirement Benefits [Abstract]  
Pension and Other Benefit Plans PENSION AND OTHER BENEFIT PLANS

The following sets forth the components of the Company’s net periodic benefit costs of the defined benefit pension plans ($ in millions):

Components of net periodic pension cost:

 
Three Month Period Ended
 
Six Month Period Ended
($ in millions)
July 3, 2020
 
June 28, 2019
 
July 3, 2020
 
June 28, 2019
Service cost
$
(2.6
)
 
$
(2.3
)
 
$
(5.2
)
 
$
(4.6
)
Interest cost
(0.4
)
 
(0.6
)
 
(0.8
)
 
(1.1
)
Expected return on plan assets
0.9

 
0.8

 
1.8

 
1.6

Amortization of initial net obligation
(0.1
)
 

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

 

 
0.2

 

Amortization of actuarial loss
(0.4
)
 
(0.1
)
 
(0.8
)
 
(0.2
)
Curtailment and settlement gains recognized

 
1.2

 

 
1.2

Net periodic pension cost
$
(2.5
)
 
$
(1.0
)
 
$
(5.0
)
 
$
(3.2
)

The net periodic benefit costs are reflected in the following captions in the accompanying Condensed Consolidated and Combined Statements of Operations ($ in millions):
    
 
Three Month Period Ended
 
Six Month Period Ended
 
July 3, 2020
 
June 28, 2019
 
July 3, 2020
 
June 28, 2019
Service cost:
 
 
 
 
 
 
 
Selling, general and administrative expenses
$
(2.6
)
 
$
(2.3
)
 
$
(5.2
)
 
$
(4.6
)
Other net periodic pension costs:
 
 
 
 
 
 
 
Nonoperating income (expense), net
0.1

 
1.3

 
0.2

 
1.4

Total
$
(2.5
)
 
$
(1.0
)
 
$
(5.0
)
 
$
(3.2
)