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Pension and Other Postretirement Employee Benefits (Tables)
3 Months Ended
Mar. 31, 2021
General Discussion Of Pension And Other Postretirement Benefits [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)

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Service cost

 

$

2,045

 

 

$

2,290

 

 

$

168

 

 

$

143

 

Interest cost

 

 

2,633

 

 

 

3,564

 

 

 

317

 

 

 

375

 

Expected return on plan assets

 

 

(3,525

)

 

 

(4,586

)

 

 

 

 

 

 

Amortization of prior service cost (credit)

 

 

21

 

 

 

28

 

 

 

(298

)

 

 

(319

)

Amortization of actuarial loss

 

 

3,721

 

 

 

4,154

 

 

 

545

 

 

 

419

 

Net periodic cost before pension settlement charge

 

 

4,895

 

 

 

5,450

 

 

 

732

 

 

 

618

 

Pension settlement charge

 

 

 

 

 

42,988

 

 

 

 

 

 

 

Net periodic cost

 

$

4,895

 

 

$

48,438

 

 

$

732

 

 

$

618