XML 25 R15.htm IDEA: XBRL DOCUMENT v3.10.0.1
Retirement Plans
 9 Months Ended
Sep. 29, 2018
Retirement Benefits [Abstract]  
Retirement Plans
RETIREMENT PLANS
The following is a summary of net pension and Supplemental Executive Retirement Plan (“SERP”) expense recognized by the Company.
 
Quarter Ended
 
Year-To-Date Ended
(In millions)
September 29,
2018
 
September 30,
2017
 
September 29,
2018
 
September 30,
2017
Service cost pertaining to benefits earned during the period
$
1.5

 
$
1.8

 
$
4.6

 
$
5.4

Interest cost on projected benefit obligations
4.1

 
4.5

 
12.4

 
13.3

Expected return on pension assets
(5.4
)
 
(5.0
)
 
(15.5
)
 
(14.8
)
Net amortization loss
0.8

 
2.4

 
2.5

 
7.3

Net pension expense
$
1.0

 
$
3.7

 
$
4.0

 
$
11.2


The non-service cost components of net pension expense is recorded in the Other expense (income), net line item on the consolidated condensed statements of operations and comprehensive income. The Company made contributions to its pension plans of $60.7 million and $11.1 million in first three quarters of 2018 and 2017, respectively.