Quarterly report pursuant to Section 13 or 15(d)

PENSIONS AND OTHER POSTRETIREMENT BENEFITS (Tables)

v3.20.1
PENSIONS AND OTHER POSTRETIREMENT BENEFITS (Tables)
 3 Months Ended
Mar. 31, 2020
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
March 31,
 
2020
 
2019
Service cost
$
5.3

 
$
4.1

Interest cost
8.2

 
8.7

Expected return on plan assets
(18.5
)
 
(13.6
)
Amortization:
 
 
 
Prior service costs
0.2

 
0.3

Net actuarial loss
6.7

 
5.9

Net periodic benefit cost
$
1.9

 
$
5.4


OPEB Credits
 
(In Millions)
 
Three Months Ended
March 31,
 
2020
 
2019
Service cost
$
0.5

 
$
0.4

Interest cost
2.2

 
2.3

Expected return on plan assets
(4.5
)
 
(4.2
)
Amortization:
 
 
 
Prior service credits
(0.5
)
 
(0.5
)
Net actuarial loss
0.7

 
1.3

Net periodic benefit credit
$
(1.6
)
 
$
(0.7
)