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PENSION AND OTHER POSTRETIREMENT BENEFITS | 3 Months Ended
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Mar. 31, 2025
Retirement Benefits [Abstract] |
PENSION AND OTHER POSTRETIREMENT BENEFITS | PENSION AND OTHER POSTRETIREMENT BENEFITS The following table summarizes the components of the Company’s net periodic pension and benefit (credit) cost for domestic and foreign defined benefit pension plans and other postretirement benefits:
| Domestic Defined Benefit Pension Plan |  | Foreign Defined Benefit Pension Plans |  | Other Postretirement Benefits
| 2025 |  | 2024 |  | 2025 |  | 2024 |  | 2025 |  | 2024
Three Months Ended March 31: |  |  |  |  |  |  |  |  |  |  |
Service cost | $ | 0.7 |  |  | $ | 0.9 |  |  | $ | 1.1 |  |  | $ | 1.2 |  |  | $ | 0.1 |  |  | $ | 0.1 |
Interest cost | 1.3 |  |  | 1.3 |  |  | 3.1 |  |  | 3.0 |  |  | 1.7 |  |  | 1.7 |
Expected return on assets | (2.4) |  |  | (2.1) |  |  | (2.6) |  |  | (2.8) |  |  | — |  |  | — |
Amortization of prior service cost (credit) | 0.5 |  |  | 0.5 |  |  | — |  |  | — |  |  | (3.6) |  |  | (6.0) |
Amortization of actuarial gains | (0.5) |  |  | (0.1) |  |  | (0.3) |  |  | (0.3) |  |  | (0.6) |  |  | (0.1) |
Net periodic pension and benefit (credit) cost | $ | (0.4) |  |  | $ | 0.5 |  |  | $ | 1.3 |  |  | $ | 1.1 |  |  | $ | (2.4) |  |  | $ | (4.3) |
Service cost is recorded in Cost of goods sold and Selling, general and administrative expenses. All other components are recorded in Other expense (income) - net. For further details on the Company’s pension and other postretirement benefits, see Note 8 to the Consolidated Financial Statements in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024.

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- Definition The entire disclosure for an entity's employee compensation and benefit plans, including, but not limited to, postemployment and postretirement benefit plans, defined benefit pension plans, defined contribution plans, non-qualified and supplemental benefit plans, deferred compensation, share-based compensation, life insurance, severance, health care, unemployment and other benefit plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 710 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/710/tableOfContent Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 712 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/712/tableOfContent Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 715 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/715/tableOfContent Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/718/tableOfContent + Details
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