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v3.22.2.2

NET PERIODIC BENEFIT COST - DEFINED BENEFIT PLANS | 9 Months Ended
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Oct. 01, 2022
Retirement Benefits [Abstract] |
NET PERIODIC BENEFIT COSTS - DEFINED BENEFIT PLANS | NET PERIODIC BENEFIT COST — DEFINED BENEFIT PLANSFollowing are the components of net periodic pension (benefit) expense for the three and nine months ended October 1, 2022 and October 2, 2021:
| Third Quarter
| Pension Benefits |  | Other Benefits
| U.S. Plans |  | Non-U.S. Plans |  | All Plans
(Millions of Dollars) | 2022 |  | 2021 |  | 2022 |  | 2021 |  | 2022 |  | 2021
Service cost | $ | 1.4 |  |  | $ | 1.5 |  |  | $ | 3.6 |  |  | $ | 4.1 |  |  | $ | 0.1 |  |  | $ | 0.2 |
Interest cost | 8.5 |  |  | 5.7 |  |  | 5.3 |  |  | 4.2 |  |  | 0.2 |  |  | 0.2 |
Expected return on plan assets | (14.9) |  |  | (13.1) |  |  | (9.0) |  |  | (10.0) |  |  | — |  |  | — |
Amortization of prior service cost (credit) | 0.3 |  |  | 0.3 |  |  | (0.1) |  |  | (0.2) |  |  | — |  |  | (0.2) |
Amortization of net loss (gain) | 1.2 |  |  | 2.3 |  |  | 1.9 |  |  | 3.4 |  |  | (0.3) |  |  | — |
Settlement / curtailment gain | — |  |  | — |  |  | — |  |  | (0.3) |  |  | — |  |  | — |
Net periodic pension (benefit) expense | $ | (3.5) |  |  | $ | (3.3) |  |  | $ | 1.7 |  |  | $ | 1.2 |  |  | $ | — |  |  | $ | 0.2 |
| Year-to-Date
| Pension Benefits |  | Other Benefits
| U.S. Plans |  | Non-U.S. Plans |  | All Plans
(Millions of Dollars) | 2022 |  | 2021 |  | 2022 |  | 2021 |  | 2022 |  | 2021
Service cost | $ | 4.2 |  |  | $ | 4.3 |  |  | $ | 11.1 |  |  | $ | 12.7 |  |  | $ | 0.2 |  |  | $ | 0.3 |
Interest cost | 25.2 |  |  | 17.2 |  |  | 17.0 |  |  | 12.7 |  |  | 1.0 |  |  | 0.7 |
Expected return on plan assets | (45.1) |  |  | (40.5) |  |  | (28.7) |  |  | (30.2) |  |  | — |  |  | — |
Amortization of prior service cost (credit) | 0.7 |  |  | 0.9 |  |  | (0.5) |  |  | (0.6) |  |  | — |  |  | (0.5) |
Amortization of net loss (gain) | 4.5 |  |  | 6.8 |  |  | 6.0 |  |  | 10.4 |  |  | (0.5) |  |  | — |
Settlement / curtailment loss (gain) | — |  |  | — |  |  | 0.2 |  |  | (0.2) |  |  | — |  |  | — |
Special termination benefit | — |  |  | — |  |  | — |  |  | — |  |  | 6.9 |  |  | — |
Net periodic pension (benefit) expense | $ | (10.5) |  |  | $ | (11.3) |  |  | $ | 5.1 |  |  | $ | 4.8 |  |  | $ | 7.6 |  |  | $ | 0.5 |
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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