XML 39 R28.htm IDEA: XBRL DOCUMENT v3.20.2
Pension and Postretirement Plans (Tables)
6 Months Ended
Jun. 30, 2020
Compensation And Retirement Disclosure [Abstract]  
Schedule of Pension and Postretirement Costs (Benefits)

For the three and six months ended June 30, 2020 and 2019, pension and postretirement costs (benefits) were as follows:

 

 

 

Three Months Ended June 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

(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

 

 

4.8

 

 

 

6.0

 

 

 

1.0

 

 

 

1.3

 

Expected return on plan assets

 

 

(7.2

)

 

 

(7.5

)

 

 

—

 

 

 

—

 

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prior service benefit

 

 

—

 

 

 

—

 

 

 

(0.7

)

 

 

(0.7

)

Actuarial loss

 

 

4.5

 

 

 

3.4

 

 

 

0.4

 

 

 

0.5

 

Pension settlement charges

 

 

1.1

 

 

 

—

 

 

 

—

 

 

 

—

 

Pension / postretirement costs

 

$

3.2

 

 

$

1.9

 

 

$

0.8

 

 

$

1.2

 

 

 

 

 

Six Months Ended June 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

(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

 

 

9.6

 

 

 

12.0

 

 

 

1.9

 

 

 

2.5

 

Expected return on plan assets

 

 

(14.5

)

 

 

(15.3

)

 

 

—

 

 

 

—

 

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prior service benefit

 

 

—

 

 

 

—

 

 

 

(1.3

)

 

 

(1.3

)

Actuarial loss

 

 

9.0

 

 

 

6.8

 

 

 

0.6

 

 

 

0.9

 

Pension settlement charges

 

 

1.1

 

 

 

—

 

 

 

—

 

 

 

—

 

Pension / postretirement costs

 

$

5.2

 

 

$

3.5

 

 

$

1.4

 

 

$

2.4