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RETIREMENT PLANS AND OTHER BENEFITS | 3 Months Ended
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Mar. 31, 2023
Retirement Benefits [Abstract] |
RETIREMENT PLANS AND OTHER BENEFITS | RETIREMENT PLANS AND OTHER BENEFITS The Company maintains defined benefit plans in France, Germany, India, Switzerland and the United Kingdom for some of its subsidiaries, as well as a nonqualified Supplemental Executive Retirement Plan in the U.S. (“U.S. SERP”). In Italy and Mexico, there are mandatory termination indemnity plans providing a benefit that is payable upon termination of employment in substantially all cases of termination. The Company has several non-pension post-retirement benefit programs, including health and life insurance benefits to certain former salaried and hourly employees. Information regarding the Company’s plans, including the U.S. SERP, is as follows (in millions):
|  |  | Three Months Ended March 31,
|  |  |  |  | 2023 |  | 2022
|  |  |  |  |  |  |  |  |  |  |  |  | U.S. Pension |  | Non-U.S. Pension |  | Other |  | U.S. Pension |  | Non-U.S. Pension |  | Other
Components of net periodic cost: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Service cost |  |  |  |  |  |  |  |  |  |  |  |  | $ | — |  |  | $ | 0.2 |  |  | $ | — |  |  | $ | — |  |  | $ | 0.2 |  |  | $ | — |
Interest cost |  |  |  |  |  |  |  |  |  |  |  |  | 0.4 |  |  | 1.1 |  |  | — |  |  | 0.3 |  |  | 0.7 |  |  | — |
Expected return on plan assets |  |  |  |  |  |  |  |  |  |  |  |  | — |  |  | (0.8) |  |  | — |  |  | — |  |  | (1.4) |  |  | — |
Amortization of actuarial (gain) loss |  |  |  |  |  |  |  |  |  |  |  |  | — |  |  | 0.6 |  |  | — |  |  | 0.1 |  |  | 0.3 |  |  | — |
Net periodic cost |  |  |  |  |  |  |  |  |  |  |  |  | $ | 0.4 |  |  | $ | 1.1 |  |  | $ | — |  |  | $ | 0.4 |  |  | $ | (0.2) |  |  | $ | — |
Components of Net periodic cost other than the Service cost component are included in Other income (expense) - net in the Condensed Consolidated Statement of Comprehensive Income (Loss). The Service cost component is included in the same line item or items as other compensation costs arising from services rendered by pertinent employees during the period.

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