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Employee Benefit Plans (Tables)
3 Months Ended
Mar. 31, 2025
Retirement Benefits [Abstract]  
Schedule of Components of Net Periodic Benefit Costs

The components of net periodic benefit cost (income) for the three months ended March 31, 2025 and 2024 are summarized as follows:

 

 

Three Months Ended March 31, 2025

 

 

 

 

 

 

 

 

 

Postretirement

 

 

 

U.S.

 

 

Non-U.S.

 

 

Health and

 

 

 

Pension

 

 

Pension

 

 

Other

 

 

 

Plan

 

 

Plans

 

 

Plans

 

Service cost - benefits earned during the period

 

$

 

 

$

0.3

 

 

$

 

Interest cost of projected benefit obligations

 

 

1.3

 

 

 

0.6

 

 

 

0.1

 

Expected return on plan assets

 

 

(1.1

)

 

 

(0.4

)

 

 

 

Amortization of prior service cost

 

 

 

 

 

 

 

 

 

Amortization of actuarial net loss

 

 

0.3

 

 

 

0.1

 

 

 

(0.4

)

Net periodic benefit cost (income)

 

$

0.5

 

 

$

0.6

 

 

$

(0.3

)

 

 

 

Three Months Ended March 31, 2024

 

 

 

 

 

 

 

 

 

Postretirement

 

 

 

U.S.

 

 

Non-U.S.

 

 

Health and

 

 

 

Pension

 

 

Pension

 

 

Other

 

 

 

Plan

 

 

Plans

 

 

Plans

 

Service cost - benefits earned during the period

 

$

 

 

$

0.3

 

 

$

 

Interest cost of projected benefit obligations

 

 

1.3

 

 

 

0.7

 

 

 

0.1

 

Expected return on plan assets

 

 

(1.0

)

 

 

(0.4

)

 

 

 

Amortization of prior service cost

 

 

 

 

 

 

 

 

 

Amortization of actuarial net (gain) loss

 

 

0.5

 

 

 

 

 

 

(0.4

)

Net periodic benefit cost (income)

 

$

0.8

 

 

$

0.6

 

 

$

(0.3

)