XML 50 R38.htm IDEA: XBRL DOCUMENT
v3.21.2

NET PERIODIC BENEFIT COST - DEFINED BENEFIT PLANS (Tables) | 9 Months Ended
--- | ---
Oct. 02, 2021
Retirement Benefits [Abstract] |
Components of Net Periodic Benefit Cost | Following are the components of net periodic pension (benefit) expense for the three and nine months ended October 2, 2021 and September 26, 2020:
| Third 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 | $ | 1.7 |  |  | $ | 1.7 |  |  | $ | 4.3 |  |  | $ | 4.0 |  |  | $ | 0.2 |  |  | $ | 0.2 |
Interest cost | 5.7 |  |  | 8.8 |  |  | 4.2 |  |  | 5.7 |  |  | 0.2 |  |  | 0.3 |
Expected return on plan assets | (13.8) |  |  | (14.7) |  |  | (10.0) |  |  | (10.4) |  |  | — |  |  | — |
Amortization of prior service cost (credit) | 0.3 |  |  | 0.3 |  |  | (0.2) |  |  | (0.1) |  |  | (0.2) |  |  | (0.3) |
Amortization of net loss | 2.3 |  |  | 2.1 |  |  | 3.4 |  |  | 2.9 |  |  | — |  |  | — |
Special termination benefit | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 0.1 |
Settlement / curtailment (gain) loss | — |  |  | — |  |  | (0.3) |  |  | 0.3 |  |  | — |  |  | — |
Net periodic pension (benefit) expense | $ | (3.8) |  |  | $ | (1.8) |  |  | $ | 1.4 |  |  | $ | 2.4 |  |  | $ | 0.2 |  |  | $ | 0.3 |
| 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 | $ | 4.9 |  |  | $ | 5.1 |  |  | $ | 13.3 |  |  | $ | 11.9 |  |  | $ | 0.3 |  |  | $ | 0.5 |
Interest cost | 17.2 |  |  | 26.5 |  |  | 12.8 |  |  | 16.7 |  |  | 0.7 |  |  | 1.1 |
Expected return on plan assets | (41.2) |  |  | (44.1) |  |  | (30.2) |  |  | (30.6) |  |  | — |  |  | — |
Amortization of prior service cost (credit) | 0.9 |  |  | 0.8 |  |  | (0.6) |  |  | (0.5) |  |  | (0.5) |  |  | (1.0) |
Amortization of net loss | 6.8 |  |  | 6.4 |  |  | 10.4 |  |  | 8.6 |  |  | — |  |  | 0.2 |
Special termination benefit | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 16.1 |
Settlement / curtailment (gain) loss | — |  |  | — |  |  | (0.2) |  |  | 0.6 |  |  | — |  |  | — |
Net periodic pension (benefit) expense | $ | (11.4) |  |  | $ | (5.3) |  |  | $ | 5.5 |  |  | $ | 6.7 |  |  | $ | 0.5 |  |  | $ | 16.9 |

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

X
- Definition Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (h) -URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920 + Details
Name: | us-gaap_ScheduleOfNetBenefitCostsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration