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Pension and Other Postretirement Benefit Plans (Tables)
6 Months Ended
Jul. 04, 2020
Retirement Benefits [Abstract]  
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
 
Six Months Ended
 
July 4, 2020
 
June 29, 2019
 
July 4, 2020
 
June 29, 2019
 
U.S.
 
Foreign
 
U.S.
 
Foreign
 
U.S.
 
Foreign
 
U.S.
 
Foreign
Service cost
$

 
$
1.2

 
$

 
$
1.6

 
$

 
$
2.4

 
$

 
$
3.2

Interest cost
4.1

 
3.0

 
4.7

 
3.6

 
8.2

 
6.1

 
9.3

 
7.3

Expected return on plan assets
(5.3
)
 
(4.9
)
 
(5.1
)
 
(5.2
)
 
(10.6
)
 
(9.9
)
 
(10.1
)
 
(10.4
)
Amortization of actuarial loss
0.5

 
1.2

 
0.4

 
1.9

 
1.1

 
2.3

 
0.9

 
3.9

Settlement loss

 

 

 

 
0.3

 

 
0.1

 

Net periodic benefit (credit) cost
$
(0.7
)
 
$
0.5

 
$

 
$
1.9

 
$
(1.0
)
 
$
0.9

 
$
0.2

 
$
4.0


The components of the Company’s net periodic other postretirement benefit (credit) cost are shown below (in millions):
 
Three Months Ended
 
Six Months Ended
 
July 4, 2020
 
June 29, 2019
 
July 4, 2020
 
June 29, 2019
 
U.S.
 
Foreign
 
U.S.
 
Foreign
 
U.S.
 
Foreign
 
U.S.
 
Foreign
Service cost
$

 
$

 
$

 
$

 
$

 
$

 
$

 
$
0.1

Interest cost
0.4

 
0.2

 
0.6

 
0.4

 
0.8

 
0.4

 
1.1

 
0.7

Amortization of actuarial gain
(0.4
)
 

 
(0.5
)
 

 
(0.8
)
 

 
(1.1
)
 

Amortization of prior service credit
(0.1
)
 

 
(0.1
)
 
(0.1
)
 
(0.1
)
 

 
(0.1
)
 
(0.1
)
Net periodic benefit (credit) cost
$
(0.1
)
 
$
0.2

 
$

 
$
0.3

 
$
(0.1
)
 
$
0.4

 
$
(0.1
)
 
$
0.7