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Employee Benefit Plans and Other Postretirement Benefits (Tables)
9 Months Ended
Sep. 30, 2024
Retirement Benefits [Abstract]  
Components of Net Periodic Benefit Costs

The components of net periodic benefit cost for our pension plans were as follows (dollars in millions):

 

 

 

Pension Plans

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Service cost

 

$

2.9

 

 

$

3.3

 

 

$

9.2

 

 

$

10.5

 

Interest cost

 

 

13.8

 

 

 

13.8

 

 

 

41.5

 

 

 

41.9

 

Expected return on plan assets

 

 

(16.4

)

 

 

(14.2

)

 

 

(49.3

)

 

 

(42.8

)

Net amortization of unrecognized amounts

 

 

 

 

 

 

 

 

 

 

 

 

Prior service cost

 

 

1.4

 

 

 

1.3

 

 

 

4.1

 

 

 

3.9

 

Actuarial loss

 

 

0.1

 

 

 

1.0

 

 

 

0.5

 

 

 

3.1

 

Net periodic benefit cost

 

$

1.8

 

 

$

5.2

 

 

$

6.0

 

 

$

16.6