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Pension Plans and Other Postretirement Benefit Plans (Tables)
6 Months Ended
Jun. 30, 2021
General Discussion Of Pension And Other Postretirement Benefits [Abstract]  
Components of Net Periodic Benefit Cost The following table sets forth the components of net periodic benefit costs for the three and six months ended June 30 (dollars in thousands):

 

 

Pension Benefits

 

 

Other Postretirement Benefits

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Three months ended June 30:

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

6,254

 

 

$

5,550

 

 

$

897

 

 

$

980

 

Interest cost

 

 

6,530

 

 

 

6,967

 

 

 

1,309

 

 

 

1,524

 

Expected return on plan assets

 

 

(9,704

)

 

 

(8,625

)

 

 

(783

)

 

 

(590

)

Amortization of prior service cost

 

 

75

 

 

 

75

 

 

 

(275

)

 

 

(275

)

Net loss recognition

 

 

1,688

 

 

 

1,679

 

 

 

1,246

 

 

 

1,243

 

Net periodic benefit cost

 

$

4,843

 

 

$

5,646

 

 

$

2,394

 

 

$

2,882

 

Six months ended June 30:

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

12,500

 

 

$

11,096

 

 

$

1,905

 

 

$

1,959

 

Interest cost

 

 

13,110

 

 

 

13,938

 

 

 

2,685

 

 

 

3,039

 

Expected return on plan assets

 

 

(19,479

)

 

 

(17,750

)

 

 

(1,458

)

 

 

(1,220

)

Amortization of prior service cost

 

 

150

 

 

 

150

 

 

 

(550

)

 

 

(550

)

Net loss recognition

 

 

3,511

 

 

 

3,333

 

 

 

2,419

 

 

 

2,486

 

Net periodic benefit cost

 

$

9,792

 

 

$

10,767

 

 

$

5,001

 

 

$

5,714