Retirement benefits

3 Months Ended

Sep. 30, 2024

Retirement Benefits [Abstract]

Retirement benefits

Retirement benefits

Net pension (benefit) expense recognized included the following components:

	U.S. Pension Benefits				Non-U.S. Pension Benefits
	Three Months Ended				Three Months Ended
	September 30,				September 30,
	2024		2023		2024		2023
Service cost	$	6,973	$	7,904	$	5,641	$	5,623
Interest cost	46,013		47,026		19,202		19,855
Expected return on plan assets	(61,243)		(64,382)		(21,929)		(23,866)
Amortization of prior service cost	763		211		64		91
Amortization of net actuarial loss (gain)	2,577		(404)		1,672		1,586
Net pension (benefit) expense	$	(4,917)	$	(9,645)	$	4,650	$	3,289

We recognized $0.5 million and $0.6 million in expense related to other postretirement benefits during the three months ended September 30, 2024 and 2023, respectively. Components of retirement benefits expense, other than service cost, are included in other income, net in the Consolidated Statement of Income.