XML 31 R21.htm IDEA: XBRL DOCUMENT
v3.22.2

Benefit Plans | 6 Months Ended
--- | ---
Jun. 30, 2022
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract] |
Benefit Plans | Benefit Plans The components of net periodic benefit cost for the three months ended June 30 were as follows:
| Pension benefits |  | Other retirement benefits |  | Total
($ in millions) | 2022 |  | 2021 |  | 2022 |  | 2021 |  | 2022 |  | 2021
Service cost | $ | 0.3 |  |  | $ | 0.4 |  |  | $ | — |  |  | $ | — |  |  | $ | 0.3 |  |  | $ | 0.4 |
Interest cost | 1.6 |  |  | 1.5 |  |  | — |  |  | — |  |  | 1.6 |  |  | 1.5 |
Expected return on assets | (2.4) |  |  | (3.0) |  |  | — |  |  | — |  |  | (2.4) |  |  | (3.0) |
Amortization of prior service credit | — |  |  | 0.1 |  |  | — |  |  | (0.1) |  |  | — |  |  | — |
Recognized actuarial losses (gains) | 0.3 |  |  | 0.5 |  |  | (0.3) |  |  | (0.4) |  |  | — |  |  | 0.1 |
Settlements | 0.6 |  |  | 0.1 |  |  | — |  |  | — |  |  | 0.6 |  |  | 0.1 |
Net periodic benefit cost | $ | 0.4 |  |  | $ | (0.4) |  |  | $ | (0.3) |  |  | $ | (0.5) |  |  | $ | 0.1 |  |  | $ | (0.9) |
| Pension benefits |  | Other retirement benefits |  | Total
($ in millions) | 2022 |  | 2021 |  | 2022 |  | 2021 |  | 2022 |  | 2021
U.S. plans | $ | 0.3 |  |  | $ | (1.0) |  |  | $ | (0.3) |  |  | $ | (0.5) |  |  | $ | — |  |  | $ | (1.5) |
International plans | 0.1 |  |  | 0.6 |  |  | — |  |  | — |  |  | 0.1 |  |  | 0.6 |
Net periodic benefit cost | $ | 0.4 |  |  | $ | (0.4) |  |  | $ | (0.3) |  |  | $ | (0.5) |  |  | $ | 0.1 |  |  | $ | (0.9) |
The components of net periodic benefit cost for the six months ended June 30 were as follows:
| Pension benefits |  | Other retirement benefits |  | Total
($ in millions) | 2022 |  | 2021 |  | 2022 |  | 2021 |  | 2022 |  | 2021
Service cost | $ | 0.7 |  |  | $ | 0.8 |  |  | $ | — |  |  | $ | — |  |  | $ | 0.7 |  |  | $ | 0.8 |
Interest cost | 3.2 |  |  | 2.9 |  |  | — |  |  | 0.1 |  |  | 3.2 |  |  | 3.0 |
Expected return on assets | (4.6) |  |  | (6.1) |  |  | — |  |  | — |  |  | (4.6) |  |  | (6.1) |
Amortization of prior service credit | — |  |  | 0.1 |  |  | — |  |  | (0.2) |  |  | — |  |  | (0.1) |
Recognized actuarial losses (gains) | 0.7 |  |  | 1.0 |  |  | (0.7) |  |  | (0.8) |  |  | — |  |  | 0.2 |
Settlements | 1.2 |  |  | 0.7 |  |  | — |  |  | — |  |  | 1.2 |  |  | 0.7 |
Net periodic benefit cost | $ | 1.2 |  |  | $ | (0.6) |  |  | $ | (0.7) |  |  | $ | (0.9) |  |  | $ | 0.5 |  |  | $ | (1.5) |
| Pension benefits |  | Other retirement benefits |  | Total
($ in millions) | 2022 |  | 2021 |  | 2022 |  | 2021 |  | 2022 |  | 2021
U.S. plans | $ | 0.7 |  |  | $ | (1.6) |  |  | $ | (0.7) |  |  | $ | (0.9) |  |  | $ | — |  |  | $ | (2.5) |
International plans | 0.5 |  |  | 1.0 |  |  | — |  |  | — |  |  | 0.5 |  |  | 1.0 |
Net periodic benefit cost | $ | 1.2 |  |  | $ | (0.6) |  |  | $ | (0.7) |  |  | $ | (0.9) |  |  | $ | 0.5 |  |  | $ | (1.5) |
During the three and six months ended June 30, 2022, we recorded a $0.6 million and $1.2 million pension settlement charge, respectively, within other nonoperating (income) expense, as we determined that normal-course lump-sum payments for our U.S. qualified defined benefit pension plan exceeded the threshold for settlement accounting under U.S. GAAP for the year.
During the three and six months ended June 30, 2021, we recorded a $0.1 million and $0.7 million pension settlement charge, respectively, within other nonoperating (income) expense, as we determined that normal-course lump-sum payments for our U.S. qualified defined benefit pension plan exceeded the threshold for settlement accounting under U.S. GAAP for the year.

X
- References No definition available. + Details
Name: | us-gaap_DefinedBenefitPlansAndOtherPostretirementBenefitPlansDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for retirement benefits. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 55 -Paragraph 17 -URI https://asc.fasb.org/extlink&oid=123450688&loc=d3e4179-114921 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section S99 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=21916913&loc=d3e273930-122802 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (d)(i) -URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (o) -URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (p) -URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 70 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=49170846&loc=d3e28014-114942 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -URI https://asc.fasb.org/topic&trid=2235017 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 60 -Section 50 -Paragraph 3 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=6414203&loc=d3e39689-114964 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (d)(iv)(03) -URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (q) -URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (r)(1) -URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (d)(iii) -URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (l) -URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (r)(2) -URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 + Details
Name: | us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration