NET PERIODIC BENEFIT COST - DEFINED BENEFIT PLANS

9 Months Ended

Sep. 26, 2020

Retirement Benefits [Abstract]

NET PERIODIC BENEFIT COSTS - DEFINED BENEFIT PLANS

NET PERIODIC BENEFIT COST — DEFINED BENEFIT PLANSFollowing are the components of net periodic pension (benefit) expense for the three and nine months ended September 26, 2020 and September 28, 2019:

	Third Quarter
	Pension Benefits								Other Benefits
	U.S. Plans				Non-U.S. Plans				All Plans
(Millions of Dollars)	2020		2019		2020		2019		2020		2019
Service cost	$	1.7	$	3.1	$	4.0	$	3.5	$	0.2	$	0.1
Interest cost	8.8		11.8		5.7		7.4		0.3		0.4
Expected return on plan assets	(14.7)		(15.4)		(10.4)		(11.1)		—		—
Amortization of prior service cost (credit)	0.3		0.2		(0.1)		(0.1)		(0.3)		(0.3)
Amortization of net loss (gain)	2.1		2.0		2.9		2.1		—		(0.1)
Special termination benefit	—		—		—		—		0.1		—
Settlement / curtailment loss (gain)	—		—		0.3		(0.2)		—		—
Net periodic pension (benefit) expense	$	(1.8)	$	1.7	$	2.4	$	1.6	$	0.3	$	0.1

	Year-to-Date
	Pension Benefits								Other Benefits
	U.S. Plans				Non-U.S. Plans				All Plans
(Millions of Dollars)	2020		2019		2020		2019		2020		2019
Service cost	$	5.1	$	9.3	$	11.9	$	10.9	$	0.5	$	0.2
Interest cost	26.5		35.3		16.7		22.7		1.1		1.2
Expected return on plan assets	(44.1)		(46.3)		(30.6)		(34.1)		—		—
Amortization of prior service cost (credit)	0.8		0.7		(0.5)		(0.5)		(1.0)		(1.0)
Amortization of net loss (gain)	6.4		6.0		8.6		6.5		0.2		(0.2)
Special termination benefit	—		—		—		—		16.1		—
Settlement / curtailment loss	—		—		0.6		—		—		—
Net periodic pension (benefit) expense	$	(5.3)	$	5.0	$	6.7	$	5.5	$	16.9	$	0.2

The components of net periodic benefit cost other than the service cost component are included in Other, net in the Consolidated Statements of Operations and Comprehensive Income.