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POSTRETIREMENT BENEFIT PLANS | 3 Months Ended
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Mar. 31, 2021
Retirement Benefits [Abstract] |
POSTRETIREMENT BENEFIT PLANS | POSTRETIREMENT BENEFIT PLANS In the fourth quarter of 2020, the Company terminated its U.S. qualified pension plan by purchasing a group annuity contract from MassMutual Life Insurance Company (MassMutual), which fully assumed the responsibility for paying and administering pension benefits to approximately five thousand plan participants and their beneficiaries. In connection with the plan termination, the Company settled all future obligations under the plan by providing lump sum payments to eligible participants who elected to receive them, and by transferring the remaining projected benefit obligation to the insurance company. The termination was funded with plan assets of approximately $320 and cash of $8.4. The following table provides the components of net periodic benefit cost for pension plans and other employee-related benefit plans for the three months ended March 31, 2021 and 2020.
| 2021 |  | 2020
For the Three Months Ended March 31 | Pension |  | Other Benefits |  | Total |  | Pension |  | Other Benefits |  | Total
Service cost |  | $ | 0.4 |  |  |  |  | $ | 0.2 |  |  |  |  | $ | 0.6 |  |  |  |  | $ | 0.3 |  |  |  |  | $ | 0.2 |  |  |  |  | $ | 0.5 |  |
Interest cost |  | 0.2 |  |  |  |  | 0.5 |  |  |  |  | 0.7 |  |  |  |  | 2.3 |  |  |  |  | 0.7 |  |  |  |  | 3.0 |  |
Expected return on plan assets |  | — |  |  |  |  | — |  |  |  |  | — |  |  |  |  | (2.2) |  |  |  |  | — |  |  |  |  | (2.2) |  |
Amortization of prior service benefit |  | — |  |  |  |  | (1.3) |  |  |  |  | (1.3) |  |  |  |  | — |  |  |  |  | (1.2) |  |  |  |  | (1.2) |  |
Amortization of net actuarial loss |  | 0.5 |  |  |  |  | 0.7 |  |  |  |  | 1.2 |  |  |  |  | 1.8 |  |  |  |  | 0.6 |  |  |  |  | 2.4 |  |
Total net periodic benefit cost |  | $ | 1.1 |  |  |  |  | $ | 0.1 |  |  |  |  | $ | 1.2 |  |  |  |  | $ | 2.2 |  |  |  |  | $ | 0.3 |  |  |  |  | $ | 2.5 |  |
We made contributions to our global postretirement plans of $2.9 and $2.2 during the three months ended March 31, 2021 and 2020, respectively. We expect to make contributions of approximately $10 to $14 during the remainder of 2021, 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 zero and $0.9, net of tax, during the three months ended March 31, 2021 and 2020, respectively. No other reclassifications from accumulated other comprehensive income into earnings were recognized during any of the presented periods.

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