Pension Plans

Snap-on’s net periodic pension cost included the following components:



	Three Months Ended						Nine Months Ended
(Amounts in millions)	September 29, 2018			September 30, 2017			September 29, 2018			September 30, 2017
Service cost	$	6.3		$	5.6		$	18.9		$	16.8
Interest cost	13.2			13.9			39.6			41.8
Expected return on plan assets	(22.6		)	(21.2		)	(66.5		)	(62.2		)
Amortization of unrecognized loss	8.2			6.9			24.6			20.8
Amortization of prior service credit	(0.3		)	(0.2		)	(0.9		)	(0.8		)
Net periodic pension cost	$	4.8		$	5.0		$	15.7		$	16.4

The components of net periodic pension cost, other than the service cost component, are included in “Other income (expense) - net” on the accompanying Condensed Consolidated Statements of Earnings. See Note 15 for additional information on Other income (expense) - net.

Snap-on intends to make contributions totaling $9.7 million to its foreign pension plans and $2.4 million to its domestic pension plans in 2018, as required by law. In the first nine months of 2018, Snap-on made $51.3 million of cash contributions to its domestic pension plans consisting of (i) $50.0 million of discretionary contributions and (ii) $1.3 million of required contributions. Depending on market and other conditions, Snap-on may make additional discretionary cash contributions to its pension plans in 2018.