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Pension and postretirement benefits (Tables)
9 Months Ended
Sep. 30, 2019
Compensation And Retirement Disclosure [Abstract]  
Components of Net Periodic Pension/Postretirement Benefit Cost

 

 

 

 

 

 

 

 

 

 

 

Pension Plans

 

OPEB Plan

 

 

Quarters ended September 30,

 

Quarters ended September 30,

(In thousands)

 

2019

 

2018

 

2019

 

2018

Personnel Cost:

 

 

 

 

 

 

 

 

Service cost

$

-

$

-

$

190

$

257

Other operating expenses:

 

 

 

 

 

 

 

 

Interest cost

 

7,109

 

6,373

 

1,489

 

1,390

Expected return on plan assets

 

(8,096)

 

(10,060)

 

-

 

-

Amortization of prior service cost/(credit)

 

-

 

-

 

-

 

(868)

Amortization of net loss

 

5,877

 

5,065

 

-

 

321

Total net periodic pension cost

$

4,890

$

1,378

$

1,679

$

1,100

 

 

Pension Plans

 

OPEB Plan

 

 

Nine months ended September 30,

 

Nine months ended September 30,

(In thousands)

 

2019

 

2018

 

2019

 

2018

Personnel Cost:

 

 

 

 

 

 

 

 

Service cost

$

-

$

-

$

570

$

771

Other operating expenses:

 

 

 

 

 

 

 

 

Interest cost

 

21,329

 

19,119

 

4,466

 

4,171

Expected return on plan assets

 

(24,288)

 

(30,180)

 

-

 

-

Amortization prior service cost/(credit)

 

-

 

-

 

-

 

(2,603)

Amortization of net loss

 

17,629

 

15,195

 

-

 

962

Total net periodic pension cost

$

14,670

$

4,134

$

5,036

$

3,301

Schedule of accumulated and projected benefit obligations

 

For the quarters ended

For the year ending

(In thousands)

30-Sep-19

31-Dec-19

Pension Plans

$

20,057

$

20,229

OPEB Plan

$

1,472

$

8,128