XML 48 R35.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Employee Benefit Plans (Tables)
3 Months Ended
Mar. 31, 2024
Employee Benefit Plans  
Schedule of Pension Benefit Costs (Credits)

The following table details the components of pension benefit credit:

Three Months Ended March 31, 

    

2024

    

2023

    

(In thousands)

Interest cost(1)

$

11

$

1,534

Expected return on plan assets(1)

 

(1,518)

Amortization of prior service credits (1)

 

 

(37)

Amortization of other actuarial (gains) (1)

 

(22)

 

(195)

Net benefit credit

$

(11)

$

(216)

The following table details the components of other postretirement benefit credit:

Three Months Ended March 31, 

    

2024

    

2023

    

(In thousands)

Service cost

$

49

$

58

Interest cost(1)

 

605

 

674

Amortization of other actuarial gains (1)

 

(1,981)

 

(2,422)

Net benefit credit

$

(1,327)

$

(1,690)

(1)In accordance with the adoption of ASU 2017-07, “Compensation-Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost,” these costs are recorded within Nonoperating expenses in the Condensed Consolidated Income Statements on the line item “Non-service related pension and postretirement benefit credits (costs).”