Pension and Other Benefits

9 Months Ended

Sep. 30, 2021

Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract]

Pension and Other Benefits

Pension and Other Benefits

The following table sets forth the components of net pension and other benefit costs for the three and nine months ended September 30, 2021 and 2020 (in millions):

	Pension Benefits				Other Benefits
	2021		2020		2021		2020
Three Months Ended September 30,
Service cost	$	0.2	$	0.3	$	—	$	—
Interest cost	5.9		7.2		0.1		0.2
Expected return on plan assets	(9.1)		(8.5)		—		—
Amortization of prior service cost	—		—		—		(0.1)
Amortization of actuarial losses	2.7		2.4		—		—
Settlement and curtailment losses	—		6.6		—		—
NET PERIODIC BENEFIT COST	$	(0.3)	$	8.0	$	0.1	$	0.1
Nine Months Ended September 30,
Service cost	$	0.7	$	0.8	$	—	$	—
Interest cost	17.9		21.6		0.4		0.6
Expected return on plan assets	(27.4)		(25.4)		—		—
Amortization of prior service cost	0.1		0.1		—		(0.3)
Amortization of actuarial losses	8.1		7.1		—		—
Settlement and curtailment losses	—		6.6		—		—
NET PERIODIC BENEFIT COST	$	(0.6)	$	10.8	$	0.4	$	0.3

Employer Contributions

The Company has contributed $0.1 million to its foreign pension plans during 2021. Although not required by ERISA and the Internal Revenue Code, the Company may elect to make an additional voluntary contribution to its qualified domestic defined benefit pension plan in 2021. Additionally, we anticipate making cash payments of $5.0 million due in 2021, related to the previously disclosed settlement agreement with a multi-employer pension plan.