XML 24 R13.htm IDEA: XBRL DOCUMENT v3.20.2
Employee Benefit Plans
 9 Months Ended
Jun. 30, 2020
Defined Benefit Plans And Other Postretirement Benefit Plans Disclosures [Abstract]  
Employee Benefit Plans

5.

Employee Benefit Plans

Components of net periodic pension benefit cost were as follows (in millions):

 

 

 

Three Months Ended

June 30,

 

 

Nine Months Ended

June 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Components of net periodic benefit cost

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

2.5

 

 

$

2.4

 

 

$

7.6

 

 

$

7.2

 

Interest cost

 

 

4.2

 

 

 

4.6

 

 

 

12.8

 

 

 

14.0

 

Expected return on plan assets

 

 

(5.1

)

 

 

(4.9

)

 

 

(15.4

)

 

 

(14.9

)

Amortization of prior service cost (benefit)

 

 

0.4

 

 

 

0.4

 

 

 

1.2

 

 

 

1.3

 

Curtailment

 

 

—

 

 

 

—

 

 

 

—

 

 

 

1.2

 

Amortization of net actuarial loss (gain)

 

 

0.9

 

 

 

—

 

 

 

2.5

 

 

 

0.1

 

Expenses paid

 

 

1.0

 

 

 

0.6

 

 

 

3.0

 

 

 

1.8

 

Net periodic benefit cost

 

$

3.9

 

 

$

3.1

 

 

$

11.7

 

 

$

10.7

 

 

Components of net periodic other post-employment benefit cost were as follows (in millions):

 

 

 

Three Months Ended

June 30,

 

 

Nine Months Ended

June 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Components of net periodic benefit cost

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

0.9

 

 

$

0.8

 

 

$

2.6

 

 

$

2.3

 

Interest cost

 

 

0.4

 

 

 

0.5

 

 

 

1.2

 

 

 

1.5

 

Amortization of prior service cost (benefit)

 

 

(0.2

)

 

 

(0.4

)

 

 

(0.7

)

 

 

(1.1

)

Amortization of net actuarial loss (gain)

 

 

—

 

 

 

(0.1

)

 

 

(0.1

)

 

 

(0.2

)

Net periodic benefit cost

 

$

1.1

 

 

$

0.8

 

 

$

3.0

 

 

$

2.5

 

 


Components of net periodic benefit cost other than “Service cost” and “Expenses paid” are included in “Miscellaneous, net” in the Condensed Consolidated Statements of Income. Administrative expense for the three and nine months ended June 30, 2019, which was previously included in “Service cost”, is now reported in “Expenses paid” to improve the comparability between the periods.