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Pension and Other Postretirement Plans (Tables)
9 Months Ended
Sep. 30, 2019
Compensation and Retirement Disclosure [Abstract]  
Schedule of Net Periodic Benefit Costs The following table presents the components of net periodic benefit costs recognized.

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

 

September 30,

 

September 30,

 

 

(In thousands)

 

2019

 

2018

 

2019

 

2018

 

 

Pension Benefits

 

 

 

 

 

 

 

 

 

 

Components of net periodic benefit cost:

 

 

 

 

 

 

 

 

 

 

Service cost

$

1,040

$

1,431

$

3,402

$

4,292

 

 

Interest cost

 

3,170

 

3,215

 

10,364

 

9,645

 

 

Expected return on assets

 

(5,054)

 

(6,560)

 

(16,523)

 

(19,680)

 

 

Amortization of:

 

 

 

 

 

 

 

 

 

 

Prior service credit

 

(26)

 

(11)

 

(85)

 

(33)

 

 

Actuarial loss

 

1,637

 

1,319

 

5,351

 

3,958

 

 

Net periodic benefit (credit) cost

$

767

$

(606)

$

2,509

$

(1,818)

 

 

 

 

 

 

 

 

 

 

 

 

 

Postretirement Benefits

 

 

 

 

 

 

 

 

 

 

Components of net periodic benefit cost:

 

 

 

 

 

 

 

 

 

 

Service cost

$

276

$

320

$

829

$

962

 

 

Interest cost

 

721

 

653

 

2,164

 

1,959

 

 

Expected return on assets

 

(677)

 

(808)

 

(2,034)

 

(2,424)

 

 

Amortization of:

 

 

 

 

 

 

 

 

 

 

Transition obligation

 

1

 

1

 

2

 

2

 

 

Prior service credit

 

(664)

 

(667)

 

(1,994)

 

(2,001)

 

 

Actuarial loss

 

100

 

122

 

300

 

366

 

 

Net periodic benefit (credit) cost

$

(243)

$

(379)

$

(733)

$

(1,136)