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Employee and Retiree Benefit Plans (Tables)
6 Months Ended
Jun. 30, 2018
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)

 

2018

 

 

2017

 

2018

 

2017

Service cost

$

2,254 

 

 

2,030 

 

 

493 

 

 

424 

Interest cost

 

6,707 

 

 

6,287 

 

 

874 

 

 

967 

Expected return on plan assets

 

(7,453)

 

 

(6,475)

 

 

– 

 

 

– 

Amortization of prior service cost (credit)

 

256 

 

 

254 

 

 

(9)

 

 

(19)

Recognized actuarial loss

 

5,181 

 

 

3,509 

 

 

– 

 

 

– 

Net periodic benefit expense

$

6,945 

 

 

5,605 

 

 

1,358 

 

 

1,372 



 

 

 

 

 

 

 

 

 

 

 



Six Months Ended June 30,



Pension Benefits

 

Other Postretirement Benefits

(Thousands of dollars)

 

2018

 

 

2017

 

2018

 

2017

Service cost

$

4,509 

 

 

4,062 

 

 

987 

 

 

849 

Interest cost

 

13,444 

 

 

13,006 

 

 

1,748 

 

 

1,933 

Expected return on plan assets

 

(14,959)

 

 

(13,660)

 

 

– 

 

 

– 

Amortization of prior service cost (credit)

 

513 

 

 

508 

 

 

(19)

 

 

(37)

Recognized actuarial loss

 

10,396 

 

 

7,063 

 

 

– 

 

 

– 

Net periodic benefit expense

$

13,903 

 

 

10,979 

 

 

2,716 

 

 

2,745