Pension And Other Retirement Plans

6 Months Ended

Jun. 30, 2016

Compensation and Retirement Disclosure [Abstract]

Pension and Other Retirement Plans

NOTE 10: PENSION AND OTHER RETIREMENT PLANS

The components of net periodic benefit credit for Company-sponsored pension plans, net of taxes, for the three and six months ended June 30, 2016 and June 30, 2015 were as follows (in thousands):

	Pension Benefits
	Three Months Ended						Six Months Ended
	June 30, 2016			June 30, 2015			June 30, 2016			June 30, 2015
Service cost	$	177		$	198		$	346		$	354
Interest cost	20,611			20,531			41,362			40,908
Expected return on plans’ assets	(26,895		)	(28,009		)	(53,808		)	(55,845		)
Amortization of prior service costs	45			—			45			—
Net periodic benefit credit	$	(6,062	)	$	(7,280	)	$	(12,055	)	$	(14,583	)

Net periodic benefit (credit) cost related to other post retirement benefit plans was not material in all periods presented. For 2016, the Company does not expect to make any contributions to its qualified pension plans and expects to contribute $1 million to its other postretirement plans. In the three and six months ended June 30, 2016 and June 30, 2015, the Company’s contributions were not material.