Pensions and Other Postretirement Benefits

9 Months Ended

Sep. 30, 2022

Retirement Benefits [Abstract]

Pensions and Other Postretirement Benefits

Pensions and Other Postretirement Benefits

The following table summarizes the components of net annual benefit cost (income):

(in Millions)	Three Months Ended September 30,								Nine Months Ended September 30,
	Pensions				Other Benefits				Pensions				Other Benefits
	2022		2021		2022		2021		2022		2021		2022		2021
Service cost	$	0.4	$	0.9	$	—	$	—	$	2.7	$	3.5	$	—	$	—
Interest cost	7.5		6.2		—		0.1		22.0		18.4		0.2		0.2
Expected return on plan assets	(9.3)		(8.0)		—		—		(24.8)		(23.9)		—		—
Amortization of prior service cost (credit)	—		—		—		—		0.1		0.1		—		—
Recognized net actuarial and other (gain) loss	0.2		3.1		(0.2)		(0.3)		9.2		9.5		(0.6)		(0.7)
Recognized loss due to settlement (1)	0.1		0.4		—		—		0.5		0.4		—		—
Net periodic benefit cost (income)	$	(1.1)	$	2.6	$	(0.2)	$	(0.2)	$	9.7	$	8.0	$	(0.4)	$	(0.5)

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(1)Settlement charge relates to the U.S. nonqualified defined benefit pension plan.

Certain amounts have been adjusted to reflect the change in pension accounting method, as described in Note 1 to our condensed consolidated financial statements.