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Postretirement and Other Benefits
3 Months Ended
Mar. 31, 2020
Retirement Benefits [Abstract]  
Postretirement and Other Benefits Postretirement and Other Benefits

The Company sponsors pension benefits in the United States, France and Canada and OPEB benefits related to postretirement healthcare and life insurance in the United States and Canada. The Company’s Canadian pension and OPEB benefits are not material and therefore are not included in the following disclosures.

Pension and OPEB Benefits

The components of net pension and OPEB benefit costs for U.S. employees and net pension benefit costs for French employees during the three months ended March 31, 2020 and 2019 were as follows ($ in millions):

 
Three Months Ended March 31,
 
U.S. Pension Benefits
 
French Pension Benefits
 
U.S. OPEB Benefits
 
2020
 
2019
 
2020
 
2019
 
2020
 
2019
Service cost
$

 
$

 
$
0.3

 
$
0.2

 
$

 
$

Interest cost
0.9

 
1.2

 

 
0.1

 

 

Expected return on plan assets
(1.2
)
 
(1.5
)
 

 

 

 

Amortizations and other
0.8

 
0.5

 
0.3

 
0.2

 

 

Net periodic benefit cost
$
0.5

 
$
0.2

 
$
0.6

 
$
0.5

 
$

 
$




The components of net periodic benefit cost other than the service cost component are included in Other income (expense), net in the condensed consolidated statements of income. During the fiscal year ending December 31, 2020, the Company expects to recognize approximately $3.2 million of amortization in Accumulated other comprehensive loss related to its U.S. pension and OPEB plans and approximately $0.9 million for its French pension plans.