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v3.21.1

Employee Benefit Plans | 3 Months Ended
--- | ---
Mar. 31, 2021
Compensation And Retirement Disclosure [Abstract] |
Employee Benefit Plans | 21. Employee Benefit Plans The Company provides certain pension, health care and death benefits to eligible retirees and their dependents. The funding mechanism for such benefits varies based on the country where the plan is located and the related plan. Eligibility for pension coverage is based on retirement qualifications. Healthcare benefits may be subject to deductibles, co-payments and other limitations. The Company reserves the right to modify benefits unless prohibited by local laws or regulations. In March 2021, the Company applied provisions from the American Rescue Plan Act of 2021 (“the Act”) that changed the interest rates used to calculate the U.S. pension plans funded status. The Company elected to apply the new interest rates in the Act back to 2020, which has resulted in no minimum contributions to the U.S. pension plan for 2021. The components of periodic benefit cost for the three months ended March 31, 2021 and 2020 are summarized as follows:
|  | Three Months Ended March 31, 2021 |
|  |  |  |  |  |  |  |  |  | Postretirement |
|  | U.S. |  |  | Non-U.S. |  |  | Health and |
|  | Pension |  |  | Pension |  |  | Other |
|  | Plans |  |  | Plans |  |  | Plans |
Service cost - benefits earned during the period |  | $ | — |  |  | $ | 0.6 |  |  | $ | — |
Interest cost of projected benefit obligations |  |  | 0.7 |  |  |  | 0.3 |  |  |  | — |
Expected return on plan assets |  |  | (1.2 | ) |  |  | (0.3 | ) |  |  | — |
Amortization of prior service cost |  |  | — |  |  |  | — |  |  |  | (0.7 | )
Amortization of actuarial net loss |  |  | 0.8 |  |  |  | 0.5 |  |  |  | — |
Net periodic benefit cost |  | $ | 0.3 |  |  | $ | 1.1 |  |  | $ | (0.7 | )
|  | Three Months Ended March 31, 2020 |
|  |  |  |  |  |  |  |  |  | Postretirement |
|  | U.S. |  |  | Non-U.S. |  |  | Health and |
|  | Pension |  |  | Pension |  |  | Other |
|  | Plans |  |  | Plans |  |  | Plans |
Service cost - benefits earned during the period |  | $ | — |  |  | $ | 0.5 |  |  | $ | 0.1 |
Interest cost of projected benefit obligations |  |  | 1.0 |  |  |  | 0.4 |  |  |  | 0.1 |
Expected return on plan assets |  |  | (1.3 | ) |  |  | (0.2 | ) |  |  | — |
Amortization of prior service cost |  |  | — |  |  |  | — |  |  |  | (0.7 | )
Amortization of actuarial net loss |  |  | 0.7 |  |  |  | 0.4 |  |  |  | — |
Net periodic benefit cost |  | $ | 0.4 |  |  | $ | 1.1 |  |  | $ | (0.5 | )
The components of net periodic benefit cost other than the service cost component are included in other expense - net in the Condensed Consolidated Statement of Operations.

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