Pension and Other Post-Retirement Benefits

3 Months Ended

Mar. 31, 2026

Retirement Benefits [Abstract]

Pension and Other Post-Retirement Benefits

Pension and Other Post-Retirement Benefits

The following table shows the components of net periodic cost for the three months ended March 31, 2026 and 2025 (in millions):

	2026 Pension Benefits		2025 Pension Benefits		2026 Retiree Health and Life		2025 Retiree Health and Life
Service cost	$	1.5	$	1.4	$	—	$	—
Interest cost	3.9		4.2		0.1		0.2
Expected return on plan assets	(5.1)		(5.5)		—		—
Amortization of (1):
Unrecognized net actuarial loss (gain)	0.3		0.2		(0.1)		(0.2)
Net periodic cost	$	0.6	$	0.3	$	—	$	—

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(1)    Amounts reclassified from accumulated other comprehensive loss.

The service cost component of net periodic cost was $1.5 million for three months ended March 31, 2026 and $1.4 million for the three months ended March 31, 2025 and is reported in selling, general and administrative expense.

The non-service components totaled income of $0.9 million for the three months ended March 31, 2026 and $1.1 million for the three months ended March 31, 2025 and are reported in other income (expense) in the statements of income.