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RETIREMENT PLANS AND POSTRETIREMENT BENEFITS
 3 Months Ended
Mar. 31, 2025
Retirement Benefits [Abstract]  
RETIREMENT PLANS AND POSTRETIREMENT BENEFITS RETIREMENT PLANS AND POSTRETIREMENT BENEFITS
Company-Sponsored Defined Benefit Pension Plan
We maintain two company-sponsored defined benefit plans applicable to a portion of salaried past and present
team members, which is closed to future accrual.
Net Periodic (Benefit) Cost
Interest cost represents the increase in the projected benefit obligation, which is a discounted amount, due to the
passage of time. The expected return on plan assets reflects the computed amount of current-year earnings from
the investment of plan assets using an estimated long-term rate of return.
($ in millions)
Three Months
Ended March 31,
2025
Three Months Ended
March 31, 2024
Interest cost
$8.0
$5.6
Expected return on plan assets
(10.3)
(6.2)
Net periodic benefit
$(2.3)
$(0.6)
During the three months ended March 31, 2025, funding of pension plans was $1.1 million. For the remainder of
2025, we estimate approximately $9.9 million of cash contributions.