XML 27 R17.htm IDEA: XBRL DOCUMENT v3.20.2
Employee Benefit Plans
9 Months Ended
Sep. 30, 2020
Compensation And Retirement Disclosure [Abstract]  
Employee Benefit Plans

Note 10 - Employee benefit plans:

The components of net periodic defined benefit pension cost are presented in the table below.

 

Three months ended

 

 

Nine months ended

 

 

September 30,

 

 

September 30,

 

 

2019

 

 

2020

 

 

2019

 

 

2020

 

 

(In millions)

 

Service cost

$

2.7

 

 

$

3.5

 

 

$

8.3

 

 

$

9.9

 

Interest cost

 

3.5

 

 

 

2.7

 

 

 

10.5

 

 

 

7.9

 

Expected return on plan assets

 

(3.1

)

 

 

(2.4

)

 

 

(9.3

)

 

 

(7.0

)

Amortization of prior service cost

 

.1

 

 

 

.1

 

 

 

.2

 

 

 

.2

 

Recognized actuarial losses

 

3.3

 

 

 

4.6

 

 

 

10.0

 

 

 

13.3

 

Total

$

6.5

 

 

$

8.5

 

 

$

19.7

 

 

$

24.3

 

 

We expect our 2020 contributions for our pension plans to be approximately $17 million.