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Pension and Other Postretirement Benefits (Tables)
9 Months Ended
Sep. 30, 2021
Compensation And Retirement Disclosure [Abstract]  
Contributions for Pension and Other Postretirement Benefits

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

 

 

Nine Months Ended September 30,

 

 

 

2021

 

 

2020

 

U.S. defined benefit pension plans

 

$

0

 

 

$

281

 

Foreign defined benefit pension plans

 

 

483

 

 

 

332

 

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

 

 

469

 

 

 

966

 

U.K. defined contribution pension plan

 

 

248

 

 

 

222

 

U.S. defined contribution plan

 

 

2,320

 

 

 

2,296

 

Net Periodic Pension and Other Postretirement Benefit Costs

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

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

U.S. Defined Benefit Pension Plans

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Service cost

 

$

60

 

 

$

37

 

 

$

182

 

 

$

167

 

Interest cost

 

 

1,337

 

 

 

1,776

 

 

 

4,012

 

 

 

5,381

 

Expected return on plan assets

 

 

(3,248

)

 

 

(3,232

)

 

 

(9,746

)

 

 

(9,621

)

Amortization of prior service cost

 

 

6

 

 

 

10

 

 

 

17

 

 

 

31

 

Amortization of actuarial loss

 

 

658

 

 

 

455

 

 

 

1,974

 

 

 

1,570

 

Net benefit income

 

$

(1,187

)

 

$

(954

)

 

$

(3,561

)

 

$

(2,472

)

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

Foreign Defined Benefit Pension Plans

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Service cost

 

$

111

 

 

$

127

 

 

$

285

 

 

$

332

 

Interest cost

 

 

207

 

 

 

265

 

 

 

626

 

 

 

781

 

Expected return on plan assets

 

 

(485

)

 

 

(496

)

 

 

(1,461

)

 

 

(1,465

)

Amortization of prior service credit

 

 

(77

)

 

 

(72

)

 

 

(231

)

 

 

(212

)

Amortization of actuarial loss

 

 

162

 

 

 

177

 

 

 

489

 

 

 

522

 

Net benefit (income) expense

 

$

(82

)

 

$

1

 

 

$

(292

)

 

$

(42

)

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

Other Postretirement Benefit Plans

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Service cost

 

$

61

 

 

$

56

 

 

$

183

 

 

$

169

 

Interest cost

 

 

45

 

 

 

71

 

 

 

136

 

 

 

211

 

Amortization of prior service credit

 

 

(258

)

 

 

(255

)

 

 

(773

)

 

 

(763

)

Amortization of actuarial gain

 

 

(19

)

 

 

(34

)

 

 

(58

)

 

 

(104

)

Net benefit income

 

$

(171

)

 

$

(162

)

 

$

(512

)

 

$

(487

)