Quarterly report pursuant to Section 13 or 15(d)

BENEFIT PLANS

v3.19.2
BENEFIT PLANS
 6 Months Ended
Jun. 30, 2019
Retirement Benefits [Abstract]  
BENEFIT PLANS BENEFIT PLANS
 
We sponsor defined benefit pension plans and defined contribution plans. For additional information about our benefit plans, see Note 9 of the Notes to Consolidated Financial Statements in our 2018 Form 10-K.

The following table provides the components of net periodic benefit cost. The service cost component is included in selling, general and administrative expenses and the other components of net periodic benefit cost are included in other income, net in the Consolidated Statements of Income (Loss) for the three and six months ended June 30, 2019 and 2018:
 
 
 
Pension Benefits
 
Other Benefits
 
 
Three Months Ended June 30,
 
 
2019
 
2018
 
2019
 
2018
 
 
(In millions)
Service cost
 
$
0.7

 
$
0.9

 
$
0.1

 
$
0.1

Interest cost
 
7.1

 
6.7

 
0.2

 
0.2

Expected return on plan assets
 
(9.0
)
 
(9.6
)
 
(0.2
)
 
(0.3
)
Amortization of prior service cost
 
0.1

 
0.1

 
(0.3
)
 
(0.3
)
Recognized actuarial loss
 
3.7

 
5.0

 
0.3

 
0.4

Total net periodic benefit cost
 
$
2.6

 
$
3.1

 
$
0.1

 
$
0.1


 
 
Pension Benefits
 
Other Benefits
 
 
Six Months Ended June 30,
 
 
2019
 
2018
 
2019
 
2018
 
 
(In millions)
Service cost
 
$
1.4

 
$
1.8

 
$
0.2

 
$
0.2

Interest cost
 
14.2

 
13.4

 
0.4

 
0.4

Expected return on plan assets
 
(18.0
)
 
(19.2
)
 
(0.4
)
 
(0.6
)
Amortization of prior service cost
 
0.2

 
0.2

 
(0.6
)
 
(0.6
)
Recognized actuarial loss
 
7.4

 
10.0

 
0.6

 
0.8

Total net periodic benefit cost
 
$
5.2

 
$
6.2

 
$
0.2

 
$
0.2