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Pension Plan and Other Postretirement Benefits (Tables)
6 Months Ended
Jun. 30, 2013
Pension Plan and Other Postretirement Benefits  
Components of net periodic benefit costs for the pension and other postretirement plans

 

 

 

 

Three months Ended June 30

 

 

 

Pension Plan

 

Other Benefits

 

 

 

2013

 

2012

 

2013

 

2012

 

Service cost

 

$

4,658

 

$

3,709

 

$

1,695

 

$

1,330

 

Interest cost

 

4,063

 

3,864

 

1,109

 

1,005

 

Expected return on plan assets

 

(3,565

)

(2,886

)

(598

)

(448

)

Recognized net initial APBO (1)

 

N/A

 

N/A

 

2

 

69

 

Amortization of prior service cost

 

1,541

 

1,570

 

20

 

29

 

Recognized net actuarial loss

 

2,224

 

2,075

 

916

 

822

 

Net periodic benefit cost

 

$

8,921

 

$

8,332

 

$

3,144

 

$

2,807

 

 

 

 

Six months Ended June 30

 

 

 

Pension Plan

 

Other Benefits

 

 

 

2013

 

2012

 

2013

 

2012

 

Service cost

 

$

9,316

 

$

7,725

 

$

3,390

 

$

2,747

 

Interest cost

 

8,126

 

7,643

 

2,218

 

1,972

 

Expected return on plan assets

 

(7,130

)

(5,779

)

(1,196

)

(916

)

Recognized net initial APBO (1)

 

N/A

 

N/A

 

4

 

138

 

Amortization of prior service cost

 

3,082

 

3,141

 

40

 

58

 

Recognized net actuarial loss

 

4,448

 

4,001

 

1,832

 

1,586

 

Net periodic benefit cost

 

$

17,842

 

$

16,731

 

$

6,288

 

$

5,585

 

 

(1)      APBO - Accumulated postretirement benefit obligation