XML 34 R23.htm IDEA: XBRL DOCUMENT v3.25.2
Pensions and Other Post-retirement Benefits
6 Months Ended
Jun. 30, 2025
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 BenefitsOther Benefits
(In thousands)2025202420252024
Three Months Ended June 30,
Service cost$2,007 $2,315 $31 $44 
Interest cost5,979 5,970 276 248 
Expected return on plan assets(12,005)(10,812)— — 
Amortization of prior service cost (credit)32 37 — (46)
Recognized net actuarial losses197 282 163 115 
Settlements721 1,308 — — 
Net periodic benefit (income) cost (a)
$(3,069)$(900)$470 $361 
Six Months Ended June 30,
Service cost$4,001 $4,630 $62 $88 
Interest cost11,913 11,940 552 496 
Expected return on plan assets(24,010)(21,624)— — 
Amortization of prior service cost (credit)64 74 — (92)
Recognized net actuarial losses394 564 326 230 
Settlements721 1,308 

— — 
Net periodic benefit (income) cost (a)
$(6,917)$(3,108)$940 $722 
(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 Income.
We made contributions of $3.7 million and $2.6 million to our pension plans during the six months ended June 30, 2025, and 2024, respectively. We expect to make net contributions between $6 million and $8 million to our pension plans in 2025, which are primarily associated with statutorily required plans in the International reporting segment.