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Pension Plans (Tables)
6 Months Ended
Jun. 30, 2022
Retirement Benefits [Abstract]  
Components of Net Periodic Pension Cost (Benefit)

The components of net periodic pension cost (benefit) for the defined benefit pension plans included in the Company’s results of operations are as follows:

 

 

 

Three Months Ended June 30,

 

 

 

2022

 

 

2021

 

(in millions)

 

Pension Plans

 

Interest cost

 

$

3.8

 

 

$

3.7

 

Expected return on plan assets

 

 

(4.3

)

 

 

(4.6

)

Recognized net actuarial loss

 

 

1.3

 

 

 

0.8

 

Net periodic pension cost (benefit)

 

$

0.8

 

 

$

(0.1

)

 

 

 

Six Months Ended June 30,

 

 

 

2022

 

 

2021

 

(in millions)

 

Pension Plans

 

 

 

 

 

 

 

 

Interest cost

 

$

7.6

 

 

$

7.4

 

Expected return on plan assets

 

 

(8.6

)

 

 

(9.2

)

Recognized net actuarial loss

 

 

2.6

 

 

 

1.6

 

Net periodic pension cost (benefit)

 

$

1.6

 

 

$

(0.2

)