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Pension and Other Postretirement Employee Benefits (Tables)
3 Months Ended
Mar. 31, 2024
Retirement Benefits, Description [Abstract]  
Components of Net Periodic Cost (Benefit)

The following table details the components of net periodic cost (benefit) of our pension plans and other postretirement employee benefits (OPEB):

 

 

 

Three Months Ended March 31,

 

 

 

Pension

 

 

OPEB

 

(in thousands)

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Service cost

 

$

1,321

 

 

$

1,356

 

 

$

23

 

 

$

27

 

Interest cost

 

 

3,123

 

 

 

3,138

 

 

 

219

 

 

 

294

 

Expected return on plan assets

 

 

(3,237

)

 

 

(3,028

)

 

 

 

 

 

 

Amortization of prior service cost

 

 

5

 

 

 

11

 

 

 

 

 

 

 

Amortization of actuarial (gain) loss

 

 

20

 

 

 

(21

)

 

 

(331

)

 

 

(166

)

Total net periodic cost

 

$

1,232

 

 

$

1,456

 

 

$

(89

)

 

$

155