Note 7 - Retirement Plans

9 Months Ended

Sep. 30, 2020

Notes to Financial Statements

Retirement Benefits [Text Block]

7.     Retirement Plans

The components of our net periodic pension benefit are included in miscellaneous income in our income statement. During the nine-months ended September 30, 2020, the amount recorded as a benefit was not material. During the nine-months ended September 30, 2020, we contributed $3 million to this plan.

During the three and nine-month periods ended September 30, 2020, we contributed $3 million and $10 million, respectively, in matching contributions to our 401(k) Plan. During the remainder of 2020, we estimate that our contributions will be approximately $3 million to this plan, excluding discretionary profit-sharing contributions.