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EMPLOYEE BENEFIT PLANS (Tables)
6 Months Ended
Jun. 30, 2017
Employee Benefit Plans [Line Items]  
Schedule of Net Benefit Costs [Table Text Block]
The following tables set forth the components of net periodic benefit cost for our pension and other postemployment benefit plans for the periods indicated:

 
Pension Benefits
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2017
2016
 
2017
2016
 
(Thousands of dollars)
Components of net periodic benefit cost
 
 
 
 
 
Service cost
$
3,044

$
3,014

 
$
6,088

$
6,028

Interest cost
10,113

11,388

 
20,226

22,775

Expected return on assets
(14,624
)
(15,296
)
 
(29,248
)
(30,592
)
Amortization of net loss
9,027

8,885

 
18,054

17,771

Net periodic benefit cost
$
7,560

$
7,991

 
$
15,120

$
15,982


 
Other Postemployment Benefits
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2017
2016
 
2017
2016
 
(Thousands of dollars)
Components of net periodic benefit cost
 
 
 
 
 
Service cost
$
627

$
638

 
$
1,254

$
1,276

Interest cost
2,472

2,627

 
4,944

5,254

Expected return on assets
(3,147
)
(3,071
)
 
(6,294
)
(6,142
)
Amortization of unrecognized prior service cost
(1,149
)
(908
)
 
(2,298
)
(1,816
)
Amortization of net loss
1,621

1,151

 
3,242

2,302

Net periodic benefit cost
$
424

$
437

 
$
848

$
874