Quarterly report pursuant to Section 13 or 15(d)

PENSIONS AND OTHER POSTRETIREMENT BENEFITS (Tables)

v3.19.2
PENSIONS AND OTHER POSTRETIREMENT BENEFITS (Tables)
 6 Months Ended
Jun. 30, 2019
Postemployment Benefits [Abstract]  
Schedule of Net Benefit Costs
The following are the components of defined benefit pension and OPEB costs:
Defined Benefit Pension Costs
 
(In Millions)
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2019
 
2018
 
2019
 
2018
Service cost
$
4.2

 
$
4.6

 
$
8.3

 
$
9.3

Interest cost
8.6

 
7.5

 
17.3

 
15.1

Expected return on plan assets
(13.7
)
 
(15.0
)
 
(27.3
)
 
(30.0
)
Amortization:
 
 
 
 
 
 
 
Prior service costs
0.3

 
0.6

 
0.6

 
1.1

Net actuarial loss
5.9

 
5.3

 
11.8

 
10.6

Net periodic benefit cost
$
5.3

 
$
3.0

 
$
10.7

 
$
6.1


Other Postretirement Employment Benefits Credits
 
(In Millions)
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2019
 
2018
 
2019
 
2018
Service cost
$
0.4

 
$
0.5

 
$
0.8

 
$
1.0

Interest cost
2.4

 
2.0

 
4.7

 
4.1

Expected return on plan assets
(4.2
)
 
(4.6
)
 
(8.4
)
 
(9.2
)
Amortization:
 
 
 
 
 
 
 
Prior service credits
(0.5
)
 
(0.7
)
 
(1.0
)
 
(1.5
)
Net actuarial loss
1.2

 
1.3

 
2.5

 
2.5

Net periodic benefit credit
$
(0.7
)
 
$
(1.5
)
 
$
(1.4
)
 
$
(3.1
)