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Employee Benefit Plans
 9 Months Ended
Sep. 30, 2021
Compensation And Retirement Disclosure [Abstract]  
Employee Benefit Plans

Note 9 - 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,

 

 

2020

 

 

2021

 

 

2020

 

 

2021

 

 

(In millions)

 

Service cost

$

3.5

 

 

$

3.7

 

 

$

9.9

 

 

$

11.1

 

Interest cost

 

2.7

 

 

 

2.2

 

 

 

7.9

 

 

 

6.6

 

Expected return on plan assets

 

(2.4

)

 

 

(2.9

)

 

 

(7.0

)

 

 

(8.9

)

Amortization of prior service cost

 

.1

 

 

 

-

 

 

 

.2

 

 

 

.1

 

Recognized actuarial losses

 

4.6

 

 

 

5.0

 

 

 

13.3

 

 

 

15.2

 

Total

$

8.5

 

 

$

8.0

 

 

$

24.3

 

 

$

24.1

 

 

We expect our 2021 contributions for our pension plans to be approximately $17 million.