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Employee Benefit Plans (Tables)
9 Months Ended
Sep. 30, 2024
Employee Benefit Plans  
Schedule of Pension Benefit Costs (Credits)

The following table details the components of pension benefit credit:

Three Months Ended September 30, 

Nine Months Ended September 30, 

    

2024

    

2023

    

2024

    

2023

(In thousands)

Interest cost(1)

$

11

$

1,023

$

34

$

4,090

Expected return on plan assets(1)

 

(1,012)

(4,048)

Pension settlement(1)

(2,000)

 

(3,986)

 

(2,000)

 

(3,986)

Amortization of prior service credits (1)

 

 

(25)

 

 

(98)

Amortization of other actuarial (gains) (1)

 

(22)

 

(129)

 

(67)

 

(519)

Net benefit credit

$

(2,011)

$

(4,129)

$

(2,033)

$

(4,561)

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

Three Months Ended September 30, 

Nine Months Ended September 30, 

    

2024

    

2023

    

2024

    

2023

(In thousands)

Service cost

$

49

$

58

$

148

$

173

Interest cost(1)

 

605

 

674

 

1,815

 

2,021

Amortization of other actuarial gains (1)

 

(1,981)

 

(2,422)

 

(5,943)

 

(7,267)

Net benefit credit

$

(1,327)

$

(1,690)

$

(3,980)

$

(5,073)

(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 Statements of Operations on the line item “Non-service related pension and postretirement benefit credits.”