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Defined Benefit Plans
 9 Months Ended
Sep. 29, 2017
Defined Benefit Plan [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 29, 2017
 
September 30, 2016
 
September 29, 2017
 
September 30, 2016
U.S. Pension Benefits:
 
 
 
 
 
 
 
Service cost
$
1.9

 
$
2.2

 
$
5.7

 
$
6.8

Interest cost
20.1

 
22.3

 
62.1

 
67.7

Expected return on plan assets
(32.4
)
 
(33.0
)
 
(98.2
)
 
(99.6
)
Amortization of actuarial loss
5.9

 
6.3

 
19.1

 
18.3

Curtailment gain recognized
—

 
—

 
—

 
(0.7
)
Net periodic pension cost
$
(4.5
)

$
(2.2
)

$
(11.3
)

$
(7.5
)
 
 
 
 
 
 
 
 
Non-U.S. Pension Benefits:
 
 
 
 
 
 
 
Service cost
$
8.1

 
$
9.0

 
$
23.7

 
$
26.9

Interest cost
6.7

 
8.4

 
19.5

 
25.8

Expected return on plan assets
(10.8
)
 
(9.9
)
 
(31.5
)
 
(30.8
)
Amortization of actuarial loss
2.0

 
1.9

 
5.8

 
8.5

Amortization of prior service credit
(0.1
)
 
(0.1
)
 
(0.3
)
 
(0.3
)
Settlement loss recognized
—

 
—

 
—

 
0.1

Net periodic pension cost
$
5.9

 
$
9.3

 
$
17.2

 
$
30.2

The following sets forth the components of the Company’s net periodic benefit cost of the other postretirement employee benefit plans ($ in millions): 
 
Three-Month Period Ended
 
Nine-Month Period Ended
 
September 29, 2017
 
September 30, 2016
 
September 29, 2017
 
September 30, 2016
Service cost
$
0.1

 
$
0.2

 
$
0.5

 
$
0.6

Interest cost
1.1

 
1.4

 
3.7

 
4.2

Amortization of actuarial (gain) loss
—

 
(0.1
)
 
—

 
0.1

Amortization of prior service credit
(0.8
)
 
(0.8
)
 
(2.4
)
 
(2.4
)
Net periodic benefit cost
$
0.4

 
$
0.7

 
$
1.8

 
$
2.5


Net periodic pension and benefit costs are included in cost of sales and selling, general and administrative expenses in the accompanying Consolidated Condensed Statements of Earnings.
Employer Contributions
During 2017, the Company’s cash contribution requirements for its U.S. and non-U.S. defined benefit pension plans are expected to be approximately $55 million and $40 million, respectively. The ultimate amounts to be contributed depend 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.