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Pension and Postretirement Plans (Tables)
3 Months Ended
Mar. 31, 2024
Retirement Benefits [Abstract]  
Schedule of Pension and Postretirement (Benefits) Costs

Pension and postretirement (benefits) costs are as follows:

 

 

 

Three Months Ended March 31,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

(dollars in millions)

 

Pension Benefits

 

 

Postretirement and Other Benefits

 

Service cost

 

$

 

 

$

 

 

$

0.1

 

 

$

0.1

 

Other components of pension and postretirement benefit plans expense:

 

 

 

 

 

 

 

 

 

 

 

 

Interest cost on projected benefit obligation

 

 

5.1

 

 

 

5.5

 

 

 

1.2

 

 

 

1.3

 

Expected return on plan assets

 

 

(5.7

)

 

 

(5.2

)

 

 

 

 

 

 

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

Prior service benefit

 

 

 

 

 

 

 

 

(0.2

)

 

 

(0.2

)

Actuarial gain

 

 

 

 

 

(0.1

)

 

 

(0.9

)

 

 

(0.9

)

Pension / postretirement (benefit) cost

 

$

(0.6

)

 

$

0.2

 

 

$

0.2

 

 

$

0.3