XML 44 R34.htm IDEA: XBRL DOCUMENT v3.23.1
Pension and Other Postretirement Benefits (Tables)
3 Months Ended
Mar. 31, 2023
Compensation And Retirement Disclosure [Abstract]  
Contributions for Pension and Other Postretirement Benefits

Contributions to the Corporation’s employee benefit plans were as follows:

 

 

Three Months Ended March 31,

 

 

 

2023

 

 

2022

 

U.S. defined benefit pension plans

 

$

207

 

 

$

-

 

Foreign defined benefit pension plans

 

 

113

 

 

 

642

 

Other postretirement benefits (e.g., net payments)

 

 

119

 

 

 

115

 

U.K. defined contribution pension plan

 

 

57

 

 

 

71

 

U.S. defined contribution plan

 

 

646

 

 

 

1,361

 

Net Periodic Pension and Other Postretirement Benefit Costs

Net periodic pension and other postretirement benefit costs included the following components:

 

 

Three Months Ended March 31,

 

U.S. Defined Benefit Pension Plans

 

2023

 

 

2022

 

Service cost

 

$

10

 

 

$

16

 

Interest cost

 

 

2,483

 

 

 

1,552

 

Expected return on plan assets

 

 

(3,596

)

 

 

(3,216

)

Amortization of prior service cost

 

 

2

 

 

 

2

 

Amortization of actuarial loss

 

 

30

 

 

 

631

 

Net benefit income

 

$

(1,071

)

 

$

(1,015

)

 

 

 

Three Months Ended March 31,

 

Foreign Defined Benefit Pension Plans

 

2023

 

 

2022

 

Service cost

 

$

62

 

 

$

72

 

Interest cost

 

 

455

 

 

 

292

 

Expected return on plan assets

 

 

(471

)

 

 

(527

)

Amortization of prior service credit

 

 

(68

)

 

 

(75

)

Amortization of actuarial loss

 

 

147

 

 

 

86

 

Net benefit expense (income)

 

$

125

 

 

$

(152

)

 

 

 

Three Months Ended March 31,

 

Other Postretirement Benefit Plans

 

2023

 

 

2022

 

Service cost

 

$

59

 

 

$

61

 

Interest cost

 

 

55

 

 

 

45

 

Amortization of prior service credit

 

 

(299

)

 

 

(257

)

Amortization of actuarial loss (gain)

 

 

6

 

 

 

(19

)

Net benefit income

 

$

(179

)

 

$

(170

)