Pension and Postretirement Benefit Plans (Tables)

9 Months Ended

Mar. 31, 2021

Retirement Benefits [Abstract]

Schedule of Net Periodic Benefit Costs

The following table presents the components of net periodic benefit costs for Meredith’s pension and postretirement benefit plans:

	Three Months				Nine Months
Periods ended March 31,	2021		2020		2021		2020
(In millions)
Domestic Pension Benefits
Service cost	$	2.4	$	2.4	$	7.0	$	7.4
Interest cost	0.8		1.2		2.4		3.9
Expected return on plan assets	(1.9)		(2.4)		(5.8)		(7.2)
Prior service cost amortization	0.1		0.1		0.3		0.4
Actuarial loss amortization	0.6		0.5		2.0		1.7
Settlement charge	—		3.5		1.8		12.3
Net periodic benefit costs	$	2.0	$	5.3	$	7.7	$	18.5
International Pension Benefits
Interest cost	$	2.3	$	3.6	$	6.9	$	10.9
Expected return on plan assets	(3.9)		(4.6)		(11.6)		(13.9)
Prior service cost amortization	—		—		0.1		0.1
Settlement charge	—		0.6		—		0.6
Net periodic benefit credit	$	(1.6)	$	(0.4)	$	(4.6)	$	(2.3)
Postretirement Benefits
Interest cost	$	0.1	$	0.1	$	0.2	$	0.2
Actuarial gain amortization	(0.1)		(0.1)		(0.2)		(0.4)
Net periodic benefit credit	$	—	$	—	$	—	$	(0.2)