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Pension and Postretirement Plans (Tables)
9 Months Ended
Sep. 30, 2019
General Discussion Of Pension And Other Postretirement Benefits [Abstract]  
Schedule of Pension and Postretirement Costs (Benefits)

For the three and nine months ended September 30, 2019 and 2018, pension and postretirement costs (benefits) were as follows:

 

 

 

Three Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

(dollars in millions)

 

Pension Benefits

 

 

Postretirement and

Other Benefits

 

Service cost

 

$

-

 

 

$

-

 

 

$

0.2

 

 

$

0.3

 

Other components of pension and postretirement benefit plans expense:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest cost on projected benefit obligation

 

 

5.9

 

 

 

5.9

 

 

 

1.3

 

 

 

1.3

 

Expected return on plan assets

 

 

(7.7

)

 

 

(8.7

)

 

 

-

 

 

 

-

 

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prior service benefit

 

 

-

 

 

 

-

 

 

 

(0.6

)

 

 

(0.7

)

Actuarial loss

 

 

3.5

 

 

 

4.2

 

 

 

0.4

 

 

 

1.0

 

Total amortization

 

 

3.5

 

 

 

4.2

 

 

 

(0.2

)

 

 

0.3

 

Pension / postretirement costs

 

$

1.7

 

 

$

1.4

 

 

$

1.3

 

 

$

1.9

 

 

 

 

Nine Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

(dollars in millions)

 

Pension Benefits

 

 

Postretirement and

Other Benefits

 

Service cost

 

$

-

 

 

$

-

 

 

$

0.5

 

 

$

0.4

 

Other components of pension and postretirement benefit plans expense:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest cost on projected benefit obligation

 

 

17.9

 

 

 

14.2

 

 

 

3.8

 

 

 

2.9

 

Expected return on plan assets

 

 

(23.0

)

 

 

(21.1

)

 

 

-

 

 

 

-

 

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prior service benefit

 

 

-

 

 

 

-

 

 

 

(1.9

)

 

 

(2.3

)

Actuarial loss

 

 

10.3

 

 

 

12.7

 

 

 

1.3

 

 

 

3.1

 

Total amortization

 

 

10.3

 

 

 

12.7

 

 

 

(0.6

)

 

 

0.8

 

Pension / postretirement costs

 

$

5.2

 

 

$

5.8

 

 

$

3.7

 

 

$

4.1