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Pension and Other Postretirement Benefits (Tables)
6 Months Ended
Jun. 30, 2022
Compensation And Retirement Disclosure [Abstract]  
Contributions for Pension and Other Postretirement Benefits

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

 

 

Six Months Ended June 30,

 

 

 

2022

 

 

2021

 

U.S. defined benefit pension plans

 

$

74

 

 

$

0

 

Foreign defined benefit pension plans

 

 

248

 

 

 

311

 

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

 

 

242

 

 

 

303

 

U.K. defined contribution pension plan

 

 

129

 

 

 

172

 

U.S. defined contribution plan

 

 

1,882

 

 

 

1,652

 

Net Periodic Pension and Other Postretirement Benefit Costs

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

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

U.S. Defined Benefit Pension Plans

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Service cost

 

$

9

 

 

$

65

 

 

$

25

 

 

$

122

 

Interest cost

 

 

1,541

 

 

 

1,204

 

 

 

3,093

 

 

 

2,675

 

Expected return on plan assets

 

 

(3,387

)

 

 

(3,150

)

 

 

(6,603

)

 

 

(6,498

)

Amortization of prior service cost

 

 

1

 

 

 

5

 

 

 

3

 

 

 

11

 

Amortization of actuarial loss

 

 

485

 

 

 

742

 

 

 

1,116

 

 

 

1,316

 

Net benefit income

 

$

(1,351

)

 

$

(1,134

)

 

$

(2,366

)

 

$

(2,374

)

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

Foreign Defined Benefit Pension Plans

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Service cost

 

$

66

 

 

$

87

 

 

$

138

 

 

$

174

 

Interest cost

 

 

273

 

 

 

211

 

 

 

565

 

 

 

419

 

Expected return on plan assets

 

 

(494

)

 

 

(491

)

 

 

(1,021

)

 

 

(976

)

Amortization of prior service credit

 

 

(70

)

 

 

(77

)

 

 

(145

)

 

 

(154

)

Amortization of actuarial loss

 

 

81

 

 

 

165

 

 

 

167

 

 

 

327

 

Net benefit income

 

$

(144

)

 

$

(105

)

 

$

(296

)

 

$

(210

)

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

Other Postretirement Benefit Plans

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Service cost

 

$

56

 

 

$

66

 

 

$

117

 

 

$

122

 

Interest cost

 

 

65

 

 

 

21

 

 

 

110

 

 

 

91

 

Amortization of prior service credit

 

 

(341

)

 

 

(261

)

 

 

(598

)

 

 

(515

)

Amortization of actuarial loss (gain)

 

 

32

 

 

 

(4

)

 

 

13

 

 

 

(39

)

Net benefit income

 

$

(188

)

 

$

(178

)

 

$

(358

)

 

$

(341

)