PENSION AND POSTRETIREMENT PLANS (Tables)

3 Months Ended

Mar. 31, 2024

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 first quarter ended March 31 are as follows:

	U.S.				International				U.S. Postretirement
	Pensions				Pensions				Benefits
(millions)	2024		2023		2024		2023		2024		2023
Service cost		$11.6		$10.2		$4.9		$5.4		$0.1		$0.1
Interest cost on benefit obligation		21.8		22.0		12.4		11.4		1.3		1.4
Expected return on plan assets		(37.7)		(36.3)		(12.5)		(13.8)		-		-
Recognition of net actuarial loss (gain)		1.5		-		2.2		3.5		(0.8)		(0.8)
Amortization of prior service benefit		(1.1)		(1.0)		(0.1)		(0.1)		-		-
Curtailments and settlements		0.4		0.7		-		-		-		(0.1)
Total expense (benefit)		($3.5)		($4.4)		$6.9		$6.4		$0.6		$0.6