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OTHER INCOME AND OTHER EXPENSE (Tables)
3 Months Ended
Mar. 31, 2025
Schedule of Other Nonoperating Income (Expense)
The following table sets forth the components of other income and other expense for the periods indicated:

Three Months Ended
March 31,
20252024
(Thousands of dollars)
Net periodic benefit credit other than service cost
$332 $1,009 
Earnings on investments associated with nonqualified deferred compensation plans
147 2,176 
Other income (expense), net39 323 
Total other income, net
$518 $3,508