
	U.S.						International						U.S. Postretirement
	Pensions						Pensions						Benefits
(millions)	2022		2021		2020		2022		2021		2020		2022		2021		2020
Service cost (a)		$40.8		$43.9		$68.4		$28.4		$31.4		$30.8		$0.8		$1.0		$1.2
Interest cost on benefit obligation		65.3		51.4		70.3		22.0		17.3		22.3		3.3		2.9		4.4
Expected return on plan assets		(144.4)		(152.3)		(152.9)		(69.8)		(70.7)		(63.9)		(0.3)		(0.4)		(0.4)
Recognition of net actuarial loss (gain)		30.2		56.7		51.9		22.8		28.7		26.1		(0.6)		0.7		0.1
Amortization of prior service benefit		(4.5)		(6.9)		(7.4)		(0.1)		(0.1)		(0.1)		-		-		(11.0)
Curtailments and settlements (b)		51.6		35.3		2.5		-		3.5		2.2		-		-		-
Total expense (benefit)		$39.0		$28.1		$32.8		$3.3		$10.1		$17.4		$3.2		$4.2		($5.7)

(a)

Service cost includes discontinued operations of $2.5 for the year ended December 31, 2020.

(b)

$50.6 and $37.2 of settlement expense was recognized as special charges in 2022 and 2021, respectively.


	Fair Value as of			Fair Value as of
(millions)	December 31, 2022			December 31, 2021
	Level 1	Level 2	Total	Level 1	Level 2	Total
Cash	$9.9	$-	$9.9	$7.2	$-	$7.2
Equity securities:
International equity	-	219.3	219.3	-	490.1	490.1
Fixed income:
Corporate bonds	-	158.5	158.5	9.7	220.0	229.7
Government bonds	-	365.9	365.9	7.2	298.5	305.7
Insurance company accounts	-	106.2	106.2	-	121.2	121.2
Total investments at fair value	9.9	849.9	859.8	24.1	1,129.8	1,153.9
Investments measured at net asset value			45.3			66.0
Total	$9.9	$849.9	$905.1	$24.1	$1,129.8	$1,219.9

The Company had no Level 3 assets as part of its international plan assets as of December 31, 2022 or 2021.

The allocation of plan assets of the Company’s international plan assets for its defined benefit pension plans were as follows: