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Quarterly report pursuant to Section 13 or 15(d)

PENSIONS AND OTHER POSTRETIREMENT BENEFITS (Tables)

v3.20.2
PENSIONS AND OTHER POSTRETIREMENT BENEFITS (Tables)
 6 Months Ended
Jun. 30, 2020
Postemployment Benefits [Abstract] Ìý
Schedule of Net Benefit Costs
The following are the components of defined benefit pension and OPEB costs (credits):
Defined Benefit Pension Costs (Credits)
Ìý
(In Millions)
Ìý
Three Months Ended
June 30,
Ìý
Six Months Ended
June 30,
Ìý
2020
Ìý
2019
Ìý
2020
Ìý
2019
Service cost
$
5.3

Ìý
$
4.2

Ìý
$
10.6

Ìý
$
8.3

Interest cost
14.9

Ìý
8.6

Ìý
23.1

Ìý
17.3

Expected return on plan assets
(36.7
)
Ìý
(13.7
)
Ìý
(55.2
)
Ìý
(27.3
)
Amortization:
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Prior service costs
0.3

Ìý
0.3

Ìý
0.5

Ìý
0.6

Net actuarial loss
6.6

Ìý
5.9

Ìý
13.3

Ìý
11.8

Net periodic benefit cost (credit)
$
(9.6
)
Ìý
$
5.3

Ìý
$
(7.7
)
Ìý
$
10.7


OPEB Costs (Credits)
Ìý
(In Millions)
Ìý
Three Months Ended
June 30,
Ìý
Six Months Ended
June 30,
Ìý
2020
Ìý
2019
Ìý
2020
Ìý
2019
Service cost
$
1.4

Ìý
$
0.4

Ìý
$
1.9

Ìý
$
0.8

Interest cost
4.3

Ìý
2.4

Ìý
6.5

Ìý
4.7

Expected return on plan assets
(4.6
)
Ìý
(4.2
)
Ìý
(9.1
)
Ìý
(8.4
)
Amortization:
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Prior service credits
(0.5
)
Ìý
(0.5
)
Ìý
(1.0
)
Ìý
(1.0
)
Net actuarial loss
0.7

Ìý
1.2

Ìý
1.4

Ìý
2.5

Net periodic benefit cost (credit)
$
1.3

Ìý
$
(0.7
)
Ìý
$
(0.3
)
Ìý
$
(1.4
)