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Employee Benefit Plans (Tables)
6 Months Ended
Jun. 30, 2023
Retirement Benefits [Abstract]  
Components of Net Pension (Income) Expense The following information details the components of net pension (income) expense for the Company’s defined benefit plans:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30

 

 

June 30

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Service cost

 

$

21.9

 

 

$

43.3

 

 

$

46.9

 

 

$

75.8

 

Interest on projected benefit obligation

 

 

32.6

 

 

 

23.8

 

 

 

63.7

 

 

 

42.9

 

Expected return on assets

 

 

(57.6

)

 

 

(60.1

)

 

 

(115.1

)

 

 

(108.8

)

Amortization of prior service costs

 

 

.4

 

 

 

.2

 

 

 

.7

 

 

 

.3

 

Recognized actuarial loss

 

 

1.7

 

 

 

9.0

 

 

 

2.4

 

 

 

14.6

 

Net pension (income) expense

 

$

(1.0

)

 

$

16.2

 

 

$

(1.4

)

 

$

24.8