Pension and Other Postretirement Benefit Plans (Tables)

9 Months Ended

Oct. 03, 2020

The components of the Company’s net periodic pension benefit (credit) cost are shown below (in millions):

	Three Months Ended												Nine Months Ended
	October 3, 2020						September 28, 2019						October 3, 2020						September 28, 2019
	U.S.			Foreign			U.S.			Foreign			U.S.			Foreign			U.S.			Foreign
Service cost	$	0.1		$	1.2		$	-		$	1.5		$	0.1		$	3.6		$	-		$	4.7
Interest cost		4.1			3.1			4.6			3.7			12.3			9.2			13.9			11.0
Expected return on plan assets		(5.4	)		(4.9	)		(5.0	)		(5.2	)		(16.0	)		(14.8	)		(15.1	)		(15.6	)
Amortization of actuarial loss		0.6			1.2			0.5			1.9			1.7			3.5			1.4			5.8
Settlement loss		-			10.2			-			-			0.3			10.2			0.1			-
Net periodic benefit (credit) cost	$	(0.6	)	$	10.8		$	0.1		$	1.9		$	(1.6	)	$	11.7		$	0.3		$	5.9

The components of the Company’s net periodic other postretirement benefit (credit) cost are shown below (in millions):

	Three Months Ended										Nine Months Ended
	October 3, 2020					September 28, 2019					October 3, 2020					September 28, 2019
	U.S.			Foreign		U.S.			Foreign		U.S.			Foreign		U.S.			Foreign
Service cost	$	-		$	-	$	-		$	0.1	$	-		$	-	$	-		$	0.2
Interest cost		0.5			0.2		0.5			0.3		1.3			0.6		1.6			1.0
Amortization of actuarial gain		(0.4	)		-		(0.6	)		-		(1.2	)		-		(1.7	)		-
Amortization of prior service credit		-			-		-			-		(0.1	)		-		(0.1	)		(0.1	)
Net periodic benefit (credit) cost	$	0.1		$	0.2	$	(0.1	)	$	0.4	$	0.0		$	0.6	$	(0.2	)	$	1.1