PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS

6 Months Ended

Jun. 30, 2024

Retirement Benefits [Abstract]

PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS

PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS

Components of Net Periodic Benefit Cost (Credit)	Pension		Other Postretirement
	2024	2023	2024	2023
Millions
Quarter Ended June 30,
Service Cost	$1.7	$1.6	$0.4	$0.5
Non-Service Cost Components (a)
Interest Cost	9.6	10.1	0.9	1.5
Expected Return on Plan Assets	(11.2)	(11.0)	(2.8)	(2.8)
Amortization of Prior Service Credits	—	—	(2.9)	(1.7)
Amortization of Net Loss (Gain)	1.6	1.5	(0.8)	(0.6)
Net Periodic Benefit Cost (Credit)	$1.7	$2.2	$(5.2)	$(3.1)
Six Months Ended June 30,
Service Cost	$3.3	$3.2	$0.8	$1.1
Non-Service Cost Components (a)
Interest Cost	19.3	20.2	1.9	3.0
Expected Return on Plan Assets	(22.4)	(21.9)	(5.6)	(5.6)
Amortization of Prior Service Credits	—	—	(5.8)	(3.5)
Amortization of Net Loss (Gain)	3.2	2.9	(1.6)	(1.1)
Net Periodic Benefit Cost (Credit)	$3.4	$4.4	$(10.3)	$(6.1)

(a)These components of net periodic benefit cost (credit) are included in the line item “Other” under Other Income (Expense) on the Consolidated Statement of Income.

Employer Contributions. For the six months ended June 30, 2024, we contributed $25.0 million in cash to the defined benefit pension plans ($6.5 million for the six months ended June 30, 2023); we do not expect to make additional contributions to our defined benefit pension plans in 2024. For the six months ended June 30, 2024, and 2023, we made no contributions to our other postretirement benefit plans; we do not expect to make any contributions to our other postretirement benefit plans in 2024.