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Pension and Other Postretirement Benefit Plans | 6 Months Ended
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Jul. 03, 2021
Retirement Benefits [Abstract] |
Pension and Other Postretirement Benefit Plans | Pension and Other Postretirement Benefit Plans The Company sponsors defined benefit pension plans covering certain eligible employees in the United States and certain foreign countries. The Company also sponsors postretirement benefit plans (primarily for the continuation of medical benefits) covering certain eligible retirees in the United States and Canada. 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 3, 2021 |  | July 4, 2020 |  | July 3, 2021 |  | July 4, 2020
| U.S. |  | Foreign |  | U.S. |  | Foreign |  | U.S. |  | Foreign |  | U.S. |  | Foreign
Service cost | $ | — |  |  | $ | 1.4 |  |  | $ | — |  |  | $ | 1.2 |  |  | $ | — |  |  | $ | 2.7 |  |  | $ | — |  |  | $ | 2.4 |
Interest cost | 3.6 |  |  | 2.7 |  |  | 4.1 |  |  | 3.0 |  |  | 7.2 |  |  | 5.3 |  |  | 8.2 |  |  | 6.1 |
Expected return on plan assets | (5.9) |  |  | (5.0) |  |  | (5.3) |  |  | (4.9) |  |  | (11.8) |  |  | (9.8) |  |  | (10.6) |  |  | (9.9) |
Amortization of actuarial loss | 0.9 |  |  | 1.6 |  |  | 0.5 |  |  | 1.2 |  |  | 1.9 |  |  | 3.1 |  |  | 1.1 |  |  | 2.3 |
Settlement loss | — |  |  | — |  |  | — |  |  | — |  |  | 0.4 |  |  | — |  |  | 0.3 |  |  | — |
Net periodic benefit (credit) cost | $ | (1.4) |  |  | $ | 0.7 |  |  | $ | (0.7) |  |  | $ | 0.5 |  |  | $ | (2.3) |  |  | $ | 1.3 |  |  | $ | (1.0) |  |  | $ | 0.9 |
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 3, 2021 |  | July 4, 2020 |  | July 3, 2021 |  | July 4, 2020
| U.S. |  | Foreign |  | U.S. |  | Foreign |  | U.S. |  | Foreign |  | U.S. |  | Foreign
Interest cost | $ | 0.4 |  |  | $ | 0.2 |  |  | $ | 0.4 |  |  | $ | 0.2 |  |  | 0.7 |  |  | 0.4 |  |  | 0.8 |  |  | 0.4 |
Amortization of actuarial gain | (0.3) |  |  | — |  |  | (0.4) |  |  | — |  |  | (0.6) |  |  | — |  |  | (0.8) |  |  | — |
Amortization of prior service credit | (0.1) |  |  | — |  |  | (0.1) |  |  | — |  |  | (0.1) |  |  | — |  |  | (0.1) |  |  | — |
Net periodic benefit (credit) cost | $ | — |  |  | $ | 0.2 |  |  | $ | (0.1) |  |  | $ | 0.2 |  |  | $ | — |  |  | $ | 0.4 |  |  | $ | (0.1) |  |  | $ | 0.4 |
Contributions In the six months ended July 3, 2021, employer contributions to the Company’s domestic and foreign defined benefit pension plans were $4.9 million. The Company expects contributions to its domestic and foreign defined benefit pension plans to be $5 million to $10 million in 2021.

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