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Employee benefit plans
3 Months Ended
Mar. 31, 2020
Retirement Benefits [Abstract]  
Pension and other postretirement benefit plans Employee benefit plans
Pension and other postretirement plans
The Company has noncontributory qualified defined benefit pension plans and other postretirement benefit plans for certain eligible employees. Components of net periodic benefit cost (credit) for the Company's pension and other postretirement benefit plans were as follows:
 
Pension Benefits
Other
Postretirement Benefits
Three Months Ended March 31,
2020

2019

2020

2019

 
(In thousands)
Components of net periodic benefit cost (credit):
 
 
 
 
Service cost
$

$

$
352

$
344

Interest cost
2,973

3,773

591

780

Expected return on assets
(4,761
)
(5,120
)
(1,248
)
(1,220
)
Amortization of prior service credit


(297
)
(349
)
Amortization of net actuarial loss
1,863

1,355

2

97

Net periodic benefit cost (credit), including amount capitalized
75

8

(600
)
(348
)
Less amount capitalized


32

31

Net periodic benefit cost (credit)
$
75

$
8

$
(632
)
$
(379
)
 
 
 
 
 

The components of net periodic benefit cost (credit), other than the service cost component, are included in other income on the Consolidated Statements of Income. The service cost component is included in operation and maintenance expense on the Consolidated Statements of Income.
Nonqualified defined benefit plans
In addition to the qualified defined benefit pension plans reflected in the table at the beginning of this note, the Company also has unfunded, nonqualified defined benefit plans for executive officers and certain key management employees. The Company's net periodic benefit cost for these plans was $1.0 million and $1.1 million for the three months ended March 31, 2020 and
2019, respectively. The components of net periodic benefit cost for these plans are included in other income on the Consolidated Statements of Income.