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v3.22.2.2

NET PERIODIC BENEFIT COST - DEFINED BENEFIT PLANS (Tables) | 9 Months Ended
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Oct. 01, 2022
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 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 |

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- 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 https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 + Details
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