XML 27 R19.htm IDEA: XBRL DOCUMENT v3.25.1
Retirement Plans
3 Months Ended
Mar. 31, 2025
Retirement Benefits [Abstract]  
Retirement Plans

(10) Retirement Plans

The components of the net periodic benefit cost (credit) for our retirement plans were as follows:

 

 

 

Three Months Ended March 31,

 

 

 

Defined Benefit Pension Plans

 

 

Retiree Health Care Plan

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Service cost

 

$

3.6

 

 

$

4.1

 

 

$

-

 

 

$

-

 

Interest cost

 

 

4.7

 

 

 

4.8

 

 

 

0.1

 

 

 

0.1

 

Expected return on assets

 

 

(4.8

)

 

 

(4.7

)

 

 

-

 

 

 

-

 

Net loss (gain)

 

 

0.1

 

 

 

(0.4

)

 

 

-

 

 

 

-

 

Prior service cost (credit)

 

 

0.1

 

 

 

0.2

 

 

 

(0.2

)

 

 

(0.2

)

Total benefit cost (credit)

 

$

3.7

 

 

$

4.0

 

 

$

(0.1

)

 

$

(0.1

)

 

During the three months ended March 31, 2025 and 2024, contributions made to our pension plans were $5.5 and $5.2, respectively, and contributions made to our retiree health care plan were $0.3 on both dates. During 2025, we expect to make total contributions of approximately $21.0 to our pension plans and to fund our retiree health care payments as incurred.