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RETIREMENT PLANS AND POSTRETIREMENT BENEFITS
 9 Months Ended
Sep. 30, 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 are 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.
Three Months Ended September 30,
Nine Months Ended September 30,
(In millions)
2025
2024
2025
2024
Interest cost
$8.4
$7.8
$25.2
$21.5
Expected return on plan assets
(10.8)
(8.5)
(32.3)
(23.4)
Net periodic benefit
$(2.4)
$(0.7)
$(7.1)
$(1.9)
During the nine months ended September 30, 2025, funding of pension plans was $9.9 million. For the remainder of
2025, we estimate approximately $2.0 million of cash contributions.