PENSION AND POSTRETIREMENT PLANS (Tables)

9 Months Ended

Sep. 30, 2022

PENSION AND POSTRETIREMENT PLANS

Net periodic pension and postretirement health care benefit costs

The components of net periodic pension and postretirement health care benefit expense for the third quarter ended September 30 are as follows:

	U.S.				International				U.S. Postretirement
	Pension				Pension				Health Care
(millions)	2022		2021		2022		2021		2022		2021
Service cost		$10.5		$11.2		$6.8		$7.9		$0.2		$0.2
Interest cost on benefit obligation		14.1		13.3		5.3		4.4		0.8		0.7
Expected return on plan assets		(36.7)		(38.0)		(16.8)		(16.6)		(0.1)		(0.1)
Recognition of net actuarial loss (gain)		10.0		12.1		5.6		5.8		(0.1)		0.2
Amortization of prior service benefit		(1.2)		(1.7)		-		(0.1)		-		-
Curtailments and settlements		24.8		7.0		-		-		-		-
Total expense		$21.5		$3.9		$0.9		$1.4		$0.8		$1.0

The components of net periodic pension and postretirement health care benefit expense for the nine months ended September 30 are as follows:

	U.S.				International				U.S. Postretirement
	Pension				Pension				Health Care
(millions)	2022		2021		2022		2021		2022		2021
Service cost		$31.5		$32.8		$21.0		$24.0		$0.6		$0.6
Interest cost on benefit obligation		42.3		38.3		16.5		13.1		2.4		2.1
Expected return on plan assets		(110.1)		(115.2)		(52.8)		(51.9)		(0.3)		(0.3)
Recognition of net actuarial loss (gain)		30.0		44.5		17.4		20.3		(0.3)		0.6
Amortization of prior service benefit		(3.4)		(5.1)		-		(0.5)		-		-
Curtailments and settlements		25.7		26.6		-		-		-		-
Total expense		$16.0		$21.9		$2.1		$5.0		$2.4		$3.0