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POSTRETIREMENT BENEFIT PLANS | 9 Months Ended
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Sep. 30, 2019
Retirement Benefits [Abstract] |
POSTRETIREMENT BENEFIT PLANS | POSTRETIREMENT BENEFIT PLANS The following table provides the components of net periodic benefit cost for pension plans and other employee-related benefit plans for the three and nine months ended September 30, 2019 and 2018.
| 2019 |  | 2018
For the Three Months Ended September 30 | Pension |  | Other Benefits |  | Total |  | Pension |  | Other Benefits |  | Total
Service cost |  | $ | 0.4 |  |  |  |  | $ | 0.2 |  |  |  |  | $ | 0.6 |  |  |  |  | $ | 0.4 |  |  |  |  | $ | 0.2 |  |  |  |  | $ | 0.6 |  |
Interest cost |  | 3.1 |  |  |  |  | 1.0 |  |  |  |  | 4.1 |  |  |  |  | 3.0 |  |  |  |  | 1.0 |  |  |  |  | 4.0 |  |
Expected return on plan assets |  | (3.8 | ) |  |  |  | (0.1 | ) |  |  |  | (3.9 | ) |  |  |  | (4.4 | ) |  |  |  | — |  |  |  |  | (4.4 | ) |
Amortization of prior service cost (benefit) |  | 0.2 |  |  |  |  | (1.3 | ) |  |  |  | (1.1 | ) |  |  |  | 0.2 |  |  |  |  | (1.3 | ) |  |  |  | (1.1 | ) |
Amortization of net actuarial loss |  | 1.3 |  |  |  |  | 0.6 |  |  |  |  | 1.9 |  |  |  |  | 1.5 |  |  |  |  | 0.9 |  |  |  |  | 2.4 |  |
Net periodic benefit cost |  | 1.2 |  |  |  |  | 0.4 |  |  |  |  | 1.6 |  |  |  |  | 0.7 |  |  |  |  | 0.8 |  |  |  |  | 1.5 |  |
Loss from settlement or curtailment |  | — |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 1.4 |  |  |  |  | — |  |  |  |  | 1.4 |  |
Total net periodic benefit cost |  | $ | 1.2 |  |  |  |  | $ | 0.4 |  |  |  |  | $ | 1.6 |  |  |  |  | $ | 2.1 |  |  |  |  | $ | 0.8 |  |  |  |  | $ | 2.9 |  |
| 2019 |  | 2018
For the Nine Months Ended September 30 | Pension |  | Other Benefits |  | Total |  | Pension |  | Other Benefits |  | Total
Service cost |  | $ | 1.1 |  |  |  |  | $ | 0.5 |  |  |  |  | $ | 1.6 |  |  |  |  | $ | 1.2 |  |  |  |  | $ | 0.6 |  |  |  |  | $ | 1.8 |  |
Interest cost |  | 9.4 |  |  |  |  | 3.0 |  |  |  |  | 12.4 |  |  |  |  | 8.6 |  |  |  |  | 3.2 |  |  |  |  | 11.8 |  |
Expected return on plan assets |  | (11.0 | ) |  |  |  | (0.1 | ) |  |  |  | (11.1 | ) |  |  |  | (11.2 | ) |  |  |  | (0.2 | ) |  |  |  | (11.4 | ) |
Amortization of prior service cost (benefit) |  | 0.6 |  |  |  |  | (3.9 | ) |  |  |  | (3.3 | ) |  |  |  | 0.6 |  |  |  |  | (3.9 | ) |  |  |  | (3.3 | ) |
Amortization of net actuarial loss |  | 3.9 |  |  |  |  | 1.7 |  |  |  |  | 5.6 |  |  |  |  | 4.5 |  |  |  |  | 3.1 |  |  |  |  | 7.6 |  |
Net periodic benefit cost |  | 4.0 |  |  |  |  | 1.2 |  |  |  |  | 5.2 |  |  |  |  | 3.7 |  |  |  |  | 2.8 |  |  |  |  | 6.5 |  |
Loss from settlement or curtailment |  | — |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 1.4 |  |  |  |  | — |  |  |  |  | 1.4 |  |
Total net periodic benefit cost |  | $ | 4.0 |  |  |  |  | $ | 1.2 |  |  |  |  | $ | 5.2 |  |  |  |  | $ | 5.1 |  |  |  |  | $ | 2.8 |  |  |  |  | $ | 7.9 |  |
In the third quarter of 2018, we recorded a settlement loss of $1.4 related to retiree lump sum pension payments in our Industrial Process segment. We made contributions to our global postretirement plans of $19.7 and $9.7 during the nine months ended September 30, 2019 and 2018, respectively, which included a discretionary contribution of $9 to our U.S. pension plan during 2019. We expect to make contributions of approximately $3 to $4 during the remainder of 2019, principally related to our other employee-related benefit plans. Amortization from accumulated other comprehensive income into earnings related to prior service cost and net actuarial loss was $0.6 and $2.1, and $1.7 and $4.3, net of tax, during the three and nine months ended September 30, 2019 and 2018, respectively. No other reclassifications from accumulated other comprehensive income into earnings were recognized during any of the presented periods.

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