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Employee Benefits
6 Months Ended
Jun. 30, 2022
Retirement Benefits [Abstract]  
Employee Benefits

5. Employee Benefits

Non-Union Pension Plans

The following table presents the primary components of net periodic pension expense (benefit) for our Company-sponsored pension plans:

 

 

Three Months

 

 

Six Months

 

(in millions)

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Interest cost

 

$

5.9

 

 

$

7.7

 

 

$

11.8

 

 

$

15.3

 

Expected return on plan assets

 

 

(8.5

)

 

 

(12.0

)

 

 

(17.0

)

 

 

(24.0

)

Amortization of prior net losses

 

 

2.2

 

 

 

3.0

 

 

 

4.4

 

 

 

6.1

 

Amortization of prior net service credit

 

 

(0.1

)

 

 

(0.1

)

 

 

(0.2

)

 

 

(0.2

)

Settlement adjustment

 

 

 

 

 

0.3

 

 

 

 

 

 

0.3

 

Total net periodic pension expense (benefit)

 

$

(0.5

)

 

$

(1.1

)

 

$

(1.0

)

 

$

(2.5

)