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v3.21.2

NET PERIODIC BENEFIT COST - DEFINED BENEFIT PLANS | 6 Months Ended
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Jul. 03, 2021
Retirement Benefits [Abstract] |
NET PERIODIC BENEFIT COST - DEFINED BENEFIT PLANS | NET PERIODIC BENEFIT COST — DEFINED BENEFIT PLANS Following are the components of net periodic pension (benefit) expense for the three and six months ended July 3, 2021 and June 27, 2020:
| Second Quarter
| Pension Benefits |  | Other Benefits
| U.S. Plans |  | Non-U.S. Plans |  | All Plans
(Millions of Dollars) | 2021 |  | 2020 |  | 2021 |  | 2020 |  | 2021 |  | 2020
Service cost | $ | 1.6 |  |  | $ | 1.7 |  |  | $ | 4.6 |  |  | $ | 3.9 |  |  | $ | — |  |  | $ | 0.2 |
Interest cost | 5.8 |  |  | 8.9 |  |  | 4.3 |  |  | 5.4 |  |  | 0.3 |  |  | 0.4 |
Expected return on plan assets | (13.7) |  |  | (14.7) |  |  | (10.2) |  |  | (9.9) |  |  | — |  |  | — |
Amortization of prior service cost (credit) | 0.3 |  |  | 0.2 |  |  | (0.2) |  |  | (0.2) |  |  | (0.1) |  |  | (0.4) |
Amortization of net loss | 2.2 |  |  | 2.2 |  |  | 3.5 |  |  | 2.8 |  |  | — |  |  | 0.1 |
Special termination benefit | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 16.0 |
Settlement / curtailment loss | — |  |  | — |  |  | — |  |  | 0.2 |  |  | — |  |  | — |
Net periodic pension (benefit) expense | $ | (3.8) |  |  | $ | (1.7) |  |  | $ | 2.0 |  |  | $ | 2.2 |  |  | $ | 0.2 |  |  | $ | 16.3 |
| Year-to-Date
| Pension Benefits |  | Other Benefits
| U.S. Plans |  | Non-U.S. Plans |  | All Plans
(Millions of Dollars) | 2021 |  | 2020 |  | 2021 |  | 2020 |  | 2021 |  | 2020
Service cost | $ | 3.2 |  |  | $ | 3.4 |  |  | $ | 9.0 |  |  | $ | 7.9 |  |  | $ | 0.1 |  |  | $ | 0.3 |
Interest cost | 11.5 |  |  | 17.7 |  |  | 8.6 |  |  | 11.0 |  |  | 0.5 |  |  | 0.8 |
Expected return on plan assets | (27.4) |  |  | (29.4) |  |  | (20.2) |  |  | (20.2) |  |  | — |  |  | — |
Amortization of prior service cost (credit) | 0.6 |  |  | 0.5 |  |  | (0.4) |  |  | (0.4) |  |  | (0.3) |  |  | (0.7) |
Amortization of net loss | 4.5 |  |  | 4.3 |  |  | 7.0 |  |  | 5.7 |  |  | — |  |  | 0.2 |
Special termination benefit | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 16.0 |
Settlement / curtailment loss | — |  |  | — |  |  | 0.1 |  |  | 0.3 |  |  | — |  |  | — |
Net periodic pension (benefit) expense | $ | (7.6) |  |  | $ | (3.5) |  |  | $ | 4.1 |  |  | $ | 4.3 |  |  | $ | 0.3 |  |  | $ | 16.6 |
The components of net periodic benefit cost other than the service cost component are included in Other, net in the Consolidated Statements of Operations and Comprehensive Income.

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