Defined Benefit Plan

9 Months Ended

Sep. 30, 2018

Retirement Benefits [Abstract]

Defined Benefit Plan

Defined Benefit Plan

The Company recognizes net periodic benefit cost based on the actuarial analysis performed at the previous year end, adjusted if certain significant events occur during the year.

The components of net periodic benefit cost follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
(in millions)	2018		2017		2018		2017
Service cost	$	0.8	$	0.7	$	2.4	$	2.0
Interest cost	1.3		1.3		4.1		3.9
Expected return on plan assets	(2.5)		(2.5)		(7.7)		(7.6)
Amortization of unrecognized loss1	1.1		0.6		3.4		1.9
Net periodic benefit cost	$	0.7	$	0.1	$	2.2	$	0.2

^1. Includes amortization of unrecognized actuarial (gain) loss and prior service credits and excludes provision for income tax of $(0.6) million $(0.9) million for the three and nine months ended September 30, 2018, and $(0.3) million and $(0.8) million for the three and nine months ended September 30, 2017, respectively.

The components of net periodic benefit cost, other than the service cost component, are included in other non-operating (income) expense, net in the Condensed Consolidated Statements of Income.