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Pension and Other Postretirement Benefits Pension and Other Postretirement Benefits
6 Months Ended
Jun. 30, 2020
Retirement Benefits [Abstract]  
Retirement Benefits [Text Block]

We have defined-benefit pension plans and a retiree medical plan that provides post-retirement health and life insurance benefits.

    The components of net periodic pension and retiree medical cost were as follows (in millions):
 
 
Three Months Ended
 
Six Months Ended
 
April 11 - June 30, 2019
 
 
June 30, 2020
 
Service cost (1)
 
$
.7

 
$
1.3

 
$
.4

Interest cost (2)
 
6.4

 
12.9

 
6.5

Expected return on plan assets (2)
 
(9.5
)
 
(19.0
)
 
(8.2
)
Net periodic pension and retiree medical cost (income)
 
$
(2.4
)

$
(4.8
)
 
$
(1.3
)

(1) 
Included in contract drilling and general and administrative expense in our condensed consolidated statements of operations.

(2) 
Included in other, net, in our condensed consolidated statements of operations.

During the six months ended June 30, 2020, we contributed $10.6 million to our pension and other post-retirement benefit plans and we do not expect to make additional contributions to such plans for the remainder of 2020. Approximately $21.4 million of anticipated payments have been deferred to January 1, 2021 as a result of relief provided
under the U.S. Cares Act. These amounts represent the minimum contributions we are required to make under relevant statutes. We do not expect to make contributions in excess of the minimum required amounts.