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Pension Plans | 3 Months Ended
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Mar. 29, 2020
Retirement Benefits [Abstract] |
Pension Plans | Pension Plans The principal defined benefit pension plan in the U.K. is the Luxfer Group Pension Plan. The Company’s other arrangements are less significant than the Luxfer Group Pension Plan, the largest being the BA Holdings, Inc. Pension Plan in the U.S. Components of net periodic benefit cost for our pension plans for the First Quarter ended March 29, 2020, and March 31, 2019 were as follows:
|  | First Quarter |
| In millions | 2020 |  | 2019 |
| Net periodic benefit credit |  |  |  |
| Interest cost | $ | 2.3 |  |  | $ | 2.7 |  |
| Expected return on plan assets | (3.6 | ) |  | (3.8 | ) |
| Amortization of: |  |  |  |
| Net actuarial loss | 0.5 |  |  | 0.7 |  |
| Prior service credit | (0.1 | ) |  | (0.1 | ) |
| Net periodic benefit credit | $ | (0.9 | ) |  | $ | (0.5 | ) |
| In respect of defined contribution plans |  |  |  |
| Total charge for defined contribution plans | 1.1 |  |  | 1.2 |  |
| Total charge for pension plans | $ | 0.2 |  |  | $ | 0.7 |  |
In accordance with ASC 715, defined benefit credit is split in the income statement, with $0.2 million (2019: $0.1 million) of expenses recognized within Selling, general and administrative expenses and a credit of $1.1 million (2019: $0.6 million) recognized below Operating income / (loss) in the income statement.

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- Definition The entire disclosure for pension and other postretirement benefits. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -URI http://asc.fasb.org/topic&trid=2235017 + Details
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