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Retirement Plans (Tables)
9 Months Ended
Sep. 30, 2013
Retirement Plans [Abstract]  
Net Periodic Benefit Cost

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   

Pension Benefits

 

Pension Benefits

 

 

For the three months ended

 

For the nine months ended

 

 

September 30,

 

September  30,

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2013

 

2012

 

2013

 

2012

($ in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

Components of net periodic pension benefit cost

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

12,141 

 

$

11,782 

 

$

37,809 

 

$

32,766 

Interest cost on projected benefit obligation

 

 

18,827 

 

 

19,204 

 

 

56,587 

 

 

58,520 

Expected return on plan assets

 

 

(23,585)

 

 

(23,655)

 

 

(72,765)

 

 

(71,832)

Amortization of prior service cost /(credit)

 

 

 

 

(50)

 

 

 

 

(150)

Amortization of unrecognized loss

 

 

10,798 

 

 

6,845 

 

 

30,942 

 

 

22,418 

Net periodic pension benefit cost

 

 

18,183 

 

 

14,126 

 

 

52,579 

 

 

41,722 

Pension settlement costs

 

 

40,309 

 

 

 -

 

 

40,309 

 

 

 -

Total periodic pension benefit cost

 

$

58,492 

 

$

14,126 

 

$

92,888 

 

$

41,722 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Postretirement Benefits

 

Postretirement Benefits

 

 

   Other Than Pensions (OPEB)

 

Other Than Pensions (OPEB)

 

 

For the three months ended

 

For the nine months ended

 

 

September  30,

 

September  30,

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2013

 

2012

 

2013

 

2012

($ in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

Components of net periodic postretirement benefit cost

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

3,088 

 

$

2,999 

 

$

9,446 

 

$

8,109 

Interest cost on projected benefit obligation

 

 

4,181 

 

 

4,462 

 

 

13,061 

 

 

13,382 

Expected return on plan assets

 

 

(25)

 

 

(20)

 

 

(111)

 

 

(130)

Amortization of prior service cost/(credit)

 

 

(1,526)

 

 

(2,545)

 

 

(4,576)

 

 

(7,551)

Amortization of unrecognized loss

 

 

1,695 

 

 

1,831 

 

 

6,151 

 

 

5,653 

Net periodic postretirement benefit cost

 

$

7,413 

 

$

6,727 

 

$

23,971 

 

$

19,463