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Pension and Postretirement Benefits | 6 Months Ended
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Jun. 30, 2017
Compensation and Retirement Disclosure [Abstract] |
Pension and Postretirement Benefits | Pension and Postretirement Benefits Net periodic pension expense for the three and six months ended June 30, 2017 and 2016 is presented below:
|  | Three Months Ended June 30, 2017 |  | Three Months Ended June 30, 2016
|  | Total |  | U.S. Plans |  | Int’l. Plans |  | Total |  | U.S. Plans |  | Int’l. Plans
Service cost |  | $ | 1.6 |  |  | $ | — |  |  | $ | 1.6 |  |  | $ | 2.1 |  |  | $ | — |  |  | $ | 2.1 |
Interest cost |  | 70.9 |  |  | 53.2 |  |  | 17.7 |  |  | 81.4 |  |  | 58.1 |  |  | 23.3 |
Expected return on plan assets |  | (90.1 | ) |  | (58.8 | ) |  | (31.3 | ) |  | (100.0 | ) |  | (63.2 | ) |  | (36.8 | )
Amortization of prior service benefit |  | (1.2 | ) |  | (0.7 | ) |  | (0.5 | ) |  | (1.4 | ) |  | (0.7 | ) |  | (0.7 | )
Recognized net actuarial loss |  | 45.3 |  |  | 32.3 |  |  | 13.0 |  |  | 39.4 |  |  | 29.3 |  |  | 10.1 |
Curtailment gain |  | (5.2 | ) |  | — |  |  | (5.2 | ) |  | — |  |  | — |  |  | — |
Net periodic pension expense |  | $ | 21.3 |  |  | $ | 26.0 |  |  | $ | (4.7 | ) |  | $ | 21.5 |  |  | $ | 23.5 |  |  | $ | (2.0 | )
|  | Six Months Ended June 30, 2017 |  | Six Months Ended June 30, 2016
|  | Total |  | U.S. Plans |  | Int’l. Plans |  | Total |  | U.S. Plans |  | Int’l. Plans
Service cost |  | $ | 3.2 |  |  | $ | — |  |  | $ | 3.2 |  |  | $ | 3.9 |  |  | $ | — |  |  | $ | 3.9 |
Interest cost |  | 140.8 |  |  | 105.7 |  |  | 35.1 |  |  | 161.9 |  |  | 115.7 |  |  | 46.2 |
Expected return on plan assets |  | (179.5 | ) |  | (117.6 | ) |  | (61.9 | ) |  | (199.4 | ) |  | (126.6 | ) |  | (72.8 | )
Amortization of prior service benefit |  | (2.5 | ) |  | (1.3 | ) |  | (1.2 | ) |  | (2.8 | ) |  | (1.3 | ) |  | (1.5 | )
Recognized net actuarial loss |  | 89.0 |  |  | 63.2 |  |  | 25.8 |  |  | 78.2 |  |  | 58.0 |  |  | 20.2 |
Curtailment gain |  | (5.2 | ) |  | — |  |  | (5.2 | ) |  | — |  |  | — |  |  | — |
Net periodic pension expense |  | $ | 45.8 |  |  | $ | 50.0 |  |  | $ | (4.2 | ) |  | $ | 41.8 |  |  | $ | 45.8 |  |  | $ | (4.0 | )
In 2017, the company expects to make cash contributions of approximately $141.0 million to its worldwide defined benefit pension plans, which are comprised of $54.4 million for the company’s U.S. qualified defined benefit pension plan and $86.6 million primarily for the company’s non-U.S. defined benefit pension plans. In 2016, the company made cash contributions of $132.5 million to its worldwide defined benefit pension plans. For the six months ended June 30, 2017 and 2016, the company made cash contributions of $71.2 million and $64.1 million, respectively. Net periodic postretirement benefit expense for the three and six months ended June 30, 2017 and 2016 is presented below:
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
|  | 2017 |  | 2016 |  | 2017 |  | 2016
Service cost |  | $ | 0.1 |  |  | $ | 0.1 |  |  | $ | 0.2 |  |  | $ | 0.2 |
Interest cost |  | 1.5 |  |  | 1.6 |  |  | 3.0 |  |  | 3.2 |
Expected return on assets |  | (0.1 | ) |  | (0.1 | ) |  | (0.2 | ) |  | (0.2 | )
Recognized net actuarial loss |  | 0.3 |  |  | 0.3 |  |  | 0.6 |  |  | 0.6 |
Amortization of prior service benefit |  | (0.1 | ) |  | — |  |  | (0.2 | ) |  | — |
Net periodic postretirement benefit expense |  | $ | 1.7 |  |  | $ | 1.9 |  |  | $ | 3.4 |  |  | $ | 3.8 |
The company expects to make cash contributions of approximately $13.0 million to its postretirement benefit plan in 2017 compared to $13.6 million in 2016. For the six months ended June 30, 2017 and 2016, the company made cash contributions of $5.0 million and $5.4 million, respectively.

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