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Pensions and Other Postretirement Benefits | 9 Months Ended
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Sep. 30, 2017
Compensation and Retirement Disclosure [Abstract] |
Pensions and Other Postretirement Benefits | Pensions and Other Postretirement Benefits The following table summarizes the components of net annual benefit cost (income):
(in Millions) | Three Months Ended September 30 |  | Nine Months Ended September 30
Pensions |  | Other Benefits |  | Pensions |  | Other Benefits
2017 |  | 2016 |  | 2017 |  | 2016 |  | 2017 |  | 2016 |  | 2017 |  | 2016
Components of net annual benefit cost (income): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Service cost | $ | 1.8 |  |  | $ | 1.1 |  |  | $ | — |  |  | $ | — |  |  | $ | 5.6 |  |  | $ | 6.0 |  |  | $ | — |  |  | $ | — |
Interest cost | 11.2 |  |  | 12.5 |  |  | 0.1 |  |  | 0.2 |  |  | 33.7 |  |  | 37.4 |  |  | 0.5 |  |  | 0.6 |
Expected return on plan assets | (19.9 | ) |  | (21.4 | ) |  | — |  |  | — |  |  | (59.6 | ) |  | (64.3 | ) |  | — |  |  | — |
Amortization of prior service cost (credit) | 0.1 |  |  | 0.2 |  |  | — |  |  | — |  |  | 0.4 |  |  | 0.6 |  |  | — |  |  | — |
Recognized net actuarial and other (gain) loss | 4.1 |  |  | 9.3 |  |  | (0.3 | ) |  | (0.4 | ) |  | 11.9 |  |  | 29.7 |  |  | (0.8 | ) |  | (1.0 | )
Recognized loss due to settlement (1) | 1.2 |  |  | — |  |  | — |  |  | — |  |  | 2.0 |  |  | — |  |  | — |  |  | — |
Net periodic benefit cost (income) | $ | (1.5 | ) |  | $ | 1.7 |  |  | $ | (0.2 | ) |  | $ | (0.2 | ) |  | $ | (6.0 | ) |  | $ | 9.4 |  |  | $ | (0.3 | ) |  | $ | (0.4 | )
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(1) | Settlement charge relates to the non-qualified plan in the U.S.
In the nine months ended September 30, 2017 we recognized a curtailment loss of $3.9 million associated with the expected disposal of our FMC Health and Nutrition business, which was recorded within "Discontinued operations, net of income taxes" within the condensed consolidated statements of income (loss). We made voluntary cash contributions to our U.S. defined benefit pension plan in the nine months ended September 30, 2017 and September 30, 2016 of $44.0 million and $35.0 million, respectively. We do not expect to make any further contributions to our U.S. defined benefit pension plan during 2017. As noted in our 2016 Form 10-K, we made a $21 million payment into our U.K. pension plan in order to annuitize our remaining pension obligation. In October 2017, we completed the buy-out of the annuity, completing the plan termination and relieving us of the pension liability for the U.K. pension plan. The termination will result in a settlement charge which will be recognized in the fourth quarter. The settlement charge is expected to be approximately $34 million.

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