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Pension and Other Retiree Benefits
 3 Months Ended
Mar. 31, 2025
Retirement Benefits [Abstract]  
Pension and Other Retiree Benefits

6. Pension and Other Retiree Benefits

 

The components of net periodic benefit (income) cost for pension and post-retirement plans for the three months ended March 31, 2025 and 2024 were as follows:

 

 

 

 

Three Months Ended March 31,

 

 

 

Pension

 

 

Post-retirement

 

 

 

U.S.

 

 

International

 

 

 

 

 

 

 

(in millions)

 

2025

 

 

2024

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Service cost

 

$

—

 

 

$

—

 

 

$

0.2

 

 

$

0.2

 

 

$

—

 

 

$

—

 

Interest cost

 

 

1.9

 

 

 

1.9

 

 

 

4.5

 

 

 

4.6

 

 

 

—

 

 

 

—

 

Expected return on plan assets

 

 

(3.2

)

 

 

(3.2

)

 

 

(4.4

)

 

 

(4.8

)

 

 

—

 

 

 

—

 

Amortization of net loss (gain)

 

 

0.6

 

 

 

0.6

 

 

 

1.1

 

 

 

1.3

 

 

 

(0.1

)

 

 

(0.1

)

Net periodic benefit (income) cost (1)

 

$

(0.7

)

 

$

(0.7

)

 

$

1.4

 

 

$

1.3

 

 

$

(0.1

)

 

$

(0.1

)

 

(1)
The components of net periodic benefit (income) cost, other than service cost, are included in the line "Non-operating pension expense" in the Consolidated Statements of Loss.

 

We expect to contribute approximately $16.4 million to our defined benefit plans in 2025. For the three months ended March 31, 2025, we have contributed $5.2 million to these plans.