Employee Benefit Plans

3 Months Ended

Mar. 31, 2023

Compensation And Retirement Disclosure [Abstract]

Employee Benefit Plans

NOTE L - Employee Benefit Plans

The Company has several defined benefit pension plans, which cover a majority of its employees. The following information details the components of net pension (income) expense for the Company’s defined benefit plans:

Three Months Ended March 31,	2023			2022
Service cost	$	25.0		$	32.5
Interest on projected benefit obligation		31.1			19.1
Expected return on assets		(57.5	)		(48.7	)
Amortization of prior service costs		.3			.1
Recognized actuarial loss		.7			5.6
Net pension (income) expense	$	(.4	)	$	8.6

The components of net pension expense other than service cost are included in Interest and other (income), net on the Consolidated Statements of Comprehensive Income.

The Company contributed $5.8 and $6.7 for three months ended March 31, 2023 and 2022, respectively.