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]  
Schedule of Net Benefit Costs
The following are the components of defined benefit pension and OPEB costs (credits):
Defined Benefit Pension Costs (Credits)
 
(In Millions)
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2020
 
2019
 
2020
 
2019
Service cost
$
5.3

 
$
4.2

 
$
10.6

 
$
8.3

Interest cost
14.9

 
8.6

 
23.1

 
17.3

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

 
0.3

 
0.5

 
0.6

Net actuarial loss
6.6

 
5.9

 
13.3

 
11.8

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

 
$
(7.7
)
 
$
10.7


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

 
$
0.4

 
$
1.9

 
$
0.8

Interest cost
4.3

 
2.4

 
6.5

 
4.7

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

 
1.2

 
1.4

 
2.5

Net periodic benefit cost (credit)
$
1.3

 
$
(0.7
)
 
$
(0.3
)
 
$
(1.4
)