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Pension and Other Postretirement Benefit Plans
9 Months Ended
Sep. 28, 2019
Retirement Benefits [Abstract]  
Pension and Other Postretirement Benefit Plans Pension and Other Postretirement Benefit Plans
The Company sponsors defined benefit pension plans and other postretirement benefit plans (primarily for the continuation of medical benefits) for eligible employees in the United States and certain other countries.
Net Periodic Pension and Other Postretirement Benefit (Credit) Cost
The components of the Company’s net periodic pension benefit (credit) cost are shown below (in millions):
 
Three Months Ended
 
Nine Months Ended
 
September 28, 2019
 
September 29, 2018
 
September 28, 2019
 
September 29, 2018
 
U.S.
 
Foreign
 
U.S.
 
Foreign
 
U.S.
 
Foreign
 
U.S.
 
Foreign
Service cost
$

 
$
1.5

 
$
0.1

 
$
1.7

 
$

 
$
4.7

 
$
0.1

 
$
5.2

Interest cost
4.6

 
3.7

 
5.0

 
3.6

 
13.9

 
11.0

 
14.9

 
11.1

Expected return on plan assets
(5.0
)
 
(5.2
)
 
(7.0
)
 
(5.7
)
 
(15.1
)
 
(15.6
)
 
(20.8
)
 
(17.4
)
Amortization of actuarial loss
0.5

 
1.9

 
0.6

 
1.6

 
1.4

 
5.8

 
1.6

 
4.7

Curtailment loss

 

 

 
0.5

 

 

 

 
0.5

Settlement loss

 

 

 

 
0.1

 

 
0.2

 

Net periodic benefit (credit) cost
$
0.1

 
$
1.9

 
$
(1.3
)
 
$
1.7

 
$
0.3

 
$
5.9

 
$
(4.0
)
 
$
4.1


The components of the Company’s net periodic other postretirement benefit (credit) cost are shown below (in millions):
 
Three Months Ended
 
Nine Months Ended
 
September 28, 2019
 
September 29, 2018
 
September 28, 2019
 
September 29, 2018
 
U.S.
 
Foreign
 
U.S.
 
Foreign
 
U.S.
 
Foreign
 
U.S.
 
Foreign
Service cost
$

 
$
0.1

 
$

 
$
0.1

 
$

 
$
0.2

 
$

 
$
0.3

Interest cost
0.5

 
0.3

 
0.4

 
0.3

 
1.6

 
1.0

 
1.4

 
1.0

Amortization of actuarial (gain) loss
(0.6
)
 

 
(0.6
)
 

 
(1.7
)
 

 
(1.7
)
 
0.1

Amortization of prior service credit

 

 

 
(0.1
)
 
(0.1
)
 
(0.1
)
 
(0.1
)
 
(0.3
)
Net periodic benefit (credit) cost
$
(0.1
)
 
$
0.4

 
$
(0.2
)
 
$
0.3

 
$
(0.2
)
 
$
1.1

 
$
(0.4
)
 
$
1.1


Contributions
In the nine months ended September 28, 2019, employer contributions to the Company’s domestic and foreign defined benefit pension plans were $8.0 million.
The Company expects contributions to its domestic and foreign defined benefit pension plans to be $10 million to $15 million in 2019. The Company may elect to make contributions in excess of minimum funding requirements in response to investment performance or changes in interest rates or when the Company believes that it is financially advantageous to do so and based on its other cash requirements.
Subsequent Event
In September 2019, the Company announced the closure of one of its foreign Seating facilities. Eligible employees at the facility participate in defined benefit pension plans and a defined benefit postretirement plan and have until November 8, 2019, to elect certain options under the plans.