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Benefit Plans
6 Months Ended
Jun. 30, 2019
Benefit Plans [Abstract]  
Benefit Plans

Note 12.  Benefit Plans


The Company and its subsidiaries have pension plans covering the majority of eligible employees on a contributory or non-contributory basis. The Company also provides postretirement health care and life insurance benefits for the majority of its U.S. retired employees. Disclosures for the U.S. plans have been combined with those outside of the U.S. as the international plans do not have significantly different assumptions, and together represent less than 25% of our total benefit obligation.

Components of Net Periodic Benefit Cost


 
Pension Benefits
 
   
Three Months Ended
   
Six Months Ended
 
(millions of dollars)
 
June 30,
2019
   
July 1,
2018
   
June 30,
2019
   
July 1,
2018
 
                         
Service cost
 
$
1.8
   
$
2.0
   
$
3.6
   
$
3.9
 
Interest cost
   
3.6
     
3.0
     
7.1
     
6.1
 
Expected return on plan assets
   
(4.6
)
   
(4.8
)
   
(9.2
)
   
(9.6
)
Amortization:
                               
Prior service cost
   
0.1
     
0.1
     
0.2
     
0.2
 
Recognized net actuarial loss
   
2.3
     
2.7
     
4.6
     
5.5
 
Net periodic benefit cost
 
$
3.2
   
$
3.0
   
$
6.3
   
$
6.1
 


 
Other Benefits
 
   
Three Months Ended
   
Six Months Ended
 
(millions of dollars)
 
June 30,
2019
   
July 1,
2018
   
June 30,
2019
   
July 1,
2018
 
                         
Service cost
 
$
0.1
   
$
0.1
   
$
0.1
   
$
0.1
 
Interest cost
   
     
     
0.1
     
0.1
 
Amortization:
                               
Prior service cost
   
     
(0.2
)
   
     
(0.4
)
Recognized net actuarial (gain) loss
   
(0.2
)
   
(0.2
)
   
(0.4
)
   
(0.4
)
Net periodic benefit cost
 
$
(0.1
)
 
$
(0.3
)
 
$
(0.2
)
 
$
(0.6
)


Amortization amounts of prior service costs and recognized net actuarial losses are recorded, net of tax, as increases to accumulated other comprehensive income.


The Company expects to contribute approximately $9.7 million to its pension plans and $0.3 million to its other postretirement benefit plans in 2019. As of June 30, 2019, $3.1 million has been contributed to the pension plans and less than $0.1 million has been contributed to the other postretirement benefit plans.