Employee Benefit Plans

9 Months Ended

Sep. 30, 2012

Compensation and Retirement Disclosure [Abstract]

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS

Components of net periodic benefit cost were as follows:

	Three months ended September 30,					Nine months ended September 30,
	2012			2011		2012			2011
	(In thousands)
Pension Benefits
Company-administered plans:
Service cost	$	3,861		3,676		$	11,594		11,059
Interest cost	23,651			24,374		70,903			73,248
Expected return on plan assets	(24,091		)	(25,441	)	(72,203		)	(76,477	)
Amortization of:
Transition obligation	—			(8	)	—			(23	)
Net actuarial loss	7,803			5,054		23,390			15,185
Prior service credit	(570		)	(568	)	(1,706		)	(1,710	)
	10,654			7,087		31,978			21,282
Union-administered plans	1,754			1,627		4,998			4,423
Net periodic benefit cost	$	12,408		8,714		$	36,976		25,705
Company-administered plans:
U.S.	$	9,749		7,243		$	29,240		21,730
Non-U.S.	905			(156	)	2,738			(448	)
	10,654			7,087		31,978			21,282
Union-administered plans	1,754			1,627		4,998			4,423
	$	12,408		8,714		$	36,976		25,705
Postretirement Benefits
Company-administered plans:
Service cost	$	274		323		$	821		973
Interest cost	501			625		1,490			1,879
Amortization of:
Net actuarial (gain) loss	(5		)	36		(15		)	173
Prior service credit	(58		)	(58	)	(173		)	(173	)
Net periodic benefit cost	$	712		926		$	2,123		2,852
Company-administered plans:
U.S.	$	540		789		$	1,611		2,366
Non-U.S.	172			137		512			486
	$	712		926		$	2,123		2,852

Pension Contributions

During the nine months endedSeptember 30, 2012, we contributed $77.4 million to our pension plans. During the fourth quarter of 2012, we expect to contribute approximately $3.1 million to our pension plans.

Savings Plans

Employees who do not actively participate in pension plans and are not covered by union-administered plans are generally eligible to participate in enhanced savings plans. Plans provide for (i) a company contribution even if employees do not make contributions, (ii) a company match of employee contributions of eligible pay, subject to tax limits and (iii) a discretionary company match. During the three months ended September 30, 2012 and 2011, we recognized total savings plan costs of $7.6 million and $9.6 million, respectively. During the nine months endedSeptember 30, 2012 and 2011, we recognized total savings plan costs of $23.7 million and $30.1 million, respectively.