OTHER INCOME AND OTHER EXPENSE (Tables)

12 Months Ended

Dec. 31, 2023

Schedule of Other Nonoperating Income (Expense)

The following table sets forth the components of other income and other expense for the periods indicated:

	Year Ended December 31,
	2023		2022		2021
	(Thousands of dollars)
Net periodic benefit (cost) other than service cost	$	4,017	$	3,766	$	(3,930)
Earnings (losses) on investments associated with nonqualified employee benefit plans	4,826		(7,197)		3,699
Other income (expense), net	633		(752)		(2,976)
Total other income (expense), net	$	9,476	$	(4,183)	$	(3,207)