Pensions and Other Post-retirement Benefits

6 Months Ended

Jun. 30, 2023

Retirement Benefits [Abstract]

Pensions and Other Post-retirement Benefits

Pensions and Other Post-retirement Benefits

Components of net periodic benefit (income) cost consisted of the following:

	Pension Benefits				Other Benefits
(In thousands)	2023		2022		2023		2022
Three Months Ended June 30,
Service cost	$	1,884	$	3,099	$	53	$	82
Interest cost	5,918		3,613		273		148
Expected return on plan assets	(9,906)		(12,418)		—		—
Amortization of prior service cost (credit)	37		36		(61)		(84)
Recognized net actuarial losses	47		3,018		138		310
Net periodic benefit (income) cost (a)	$	(2,020)	$	(2,652)	$	403	$	456
Six Months Ended June 30,
Service cost	$	3,768	$	6,198	$	106	$	164
Interest cost	11,836		7,226		546		296
Expected return on plan assets	(19,812)		(24,836)		—		—
Amortization of prior service cost (credit)	74		72		(122)		(168)
Recognized net actuarial losses	94		6,036		276		620
Net periodic benefit (income) cost (a)	$	(4,040)	$	(5,304)	$	806	$	912
(a) Components of net periodic benefit (income) cost other than service cost are included in the line item Other income, net, and service costs are included in the line items Cost of products sold and Selling, general and administrative in the unaudited Condensed Consolidated Statements of Operations.

We made contributions of $4.1 million and $3.8 million to our pension plans during the six months ended June 30, 2023, and 2022, respectively. We expect to make total contributions of $8.2 million to our pension plans in 2023, which are primarily associated with statutorily required plans in the International reporting segment.