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Employee and Retiree Benefit Plans (Tables)
6 Months Ended
Jun. 30, 2016
Employee and Retiree Benefit Plans [Abstract]  
Components of Net Periodic Benefit Expense



 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 



Three Months Ended June 30,



Pension Benefits

 

Other Postretirement Benefits

(Thousands of dollars)

 

2016

 

 

2015

 

2016

 

2015

Service cost

$

2,770 

 

 

4,772 

 

 

675 

 

 

828 

Interest cost

 

8,865 

 

 

7,971 

 

 

1,107 

 

 

1,192 

Expected return on plan assets

 

(9,698)

 

 

(8,724)

 

 

– 

 

 

– 

Amortization of prior service cost

 

321 

 

 

198 

 

 

(20)

 

 

(20)

Amortization of transitional asset

 

– 

 

 

274 

 

 

 

 

Recognized actuarial loss

 

3,718 

 

 

3,891 

 

 

36 

 

 

190 



 

5,976 

 

 

8,382 

 

 

1,800 

 

 

2,193 

Special termination benefits

 

– 

 

 

8,606 

 

 

– 

 

 

– 

Curtailments

 

– 

 

 

306 

 

 

– 

 

 

– 

Net periodic benefit expense

$

5,976 

 

 

17,294 

 

 

1,800 

 

 

2,193 



Six Months Ended June 30,



Pension Benefits

 

Other Postretirement Benefits

(Thousands of dollars)

 

2016

 

 

2015

 

2016

 

2015

Service cost

$

5,923 

 

 

9,853 

 

 

1,348 

 

 

1,656 

Interest cost

 

14,473 

 

 

15,921 

 

 

2,215 

 

 

2,384 

Expected return on plan assets

 

(15,083)

 

 

(17,411)

 

 

– 

 

 

– 

Amortization of prior service cost

 

640 

 

 

393 

 

 

(41)

 

 

(41)

Amortization of transitional asset

 

– 

 

 

545 

 

 

 

 

Recognized actuarial loss

 

7,247 

 

 

7,782 

 

 

75 

 

 

385 



 

13,200 

 

 

17,083 

 

 

3,599 

 

 

4,387 

Special termination benefits

 

– 

 

 

8,606 

 

 

– 

 

 

– 

Curtailments

 

822 

 

 

306 

 

 

(19)

 

 

– 

Net periodic benefit expense

$

14,022 

 

 

25,995 

 

 

3,580 

 

 

4,387