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Benefit Plans
6 Months Ended
Jun. 30, 2015
Compensation and Retirement Disclosure [Abstract]  
Pension and Other Postretirement Benefits Disclosure
Benefit Plans
    
The Corporation sponsors several qualified and nonqualified pension and other postretirement plans for certain of its employees. The net periodic pension cost is based on estimated values provided by an outside actuary. The components of net periodic benefit cost are as follows:
 
Pension Benefits
 
Three Months Ended June 30,
 
Six Months Ended June 30,
(In thousands)
2015
 
2014
 
2015
 
2014
Service cost
$
207

 
$
182

 
$
415

 
$
364

Interest cost
3,517

 
3,584

 
7,035

 
7,168

Expected return on assets
(3,902
)
 
(4,009
)
 
(7,804
)
 
(8,017
)
Amortization of unrecognized prior service costs
570

 
698

 
1,140

 
1,331

Amortization of actuarial losses/(gains)
1,057

 
804

 
2,113

 
1,513

Net periodic pension cost
$
1,449

 
$
1,259

 
$
2,899

 
$
2,359

 
 
 
 
 
 
 
 

 
Postretirement Benefits
 
Three Months Ended June 30,
 
Six Months Ended June 30,
(In thousands)
2015
 
2014
 
2015
 
2014
Service cost
$
41

 
$
16

 
$
83

 
$
33

Interest cost
144

 
164

 
288

 
327

Amortization of unrecognized prior service costs
(160
)
 
(117
)
 
(319
)
 
(234
)
Amortization of actuarial losses/(gains)
81

 
59

 
163

 
118

Net periodic postretirement cost
$
106

 
$
122

 
$
215

 
$
244

 
 
 
 
 
 
 
 

For further information on the Corporation's employee benefit plans, refer to Note 14 (Benefit Plans) to the consolidated financial statements in the 2014 Form 10-K.