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Employee Benefit Plans (Tables)
6 Months Ended
Jun. 30, 2021
Compensation And Retirement Disclosure [Abstract]  
Components of Net Pension Expense The following information details the components of net pension expense for the Company’s defined benefit plans:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30

 

 

June 30

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Service cost

 

$

39.4

 

 

$

32.3

 

 

$

75.4

 

 

$

65.2

 

Interest on projected benefit obligation

 

 

16.7

 

 

 

20.7

 

 

 

33.3

 

 

 

41.3

 

Expected return on assets

 

 

(51.2

)

 

 

(47.3

)

 

 

(102.3

)

 

 

(94.7

)

Amortization of prior service costs

 

 

.2

 

 

 

.3

 

 

 

.4

 

 

 

.7

 

Recognized actuarial loss

 

 

15.3

 

 

 

11.7

 

 

 

29.5

 

 

 

22.0

 

Settlement loss

 

 

 

 

 

 

1.0

 

 

 

 

 

 

 

8.0

 

Net pension expense

 

$

20.4

 

 

$

18.7

 

 

$

36.3

 

 

$

42.5