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Employee Benefit Plans
3 Months Ended
Mar. 31, 2016
Compensation and Retirement Disclosure [Abstract]  
EMPLOYEE BENEFIT PLANS
EMPLOYEE BENEFIT PLANS

Components of net periodic benefit cost/(credit) were as follows:
 
Pension Benefits
 
Postretirement Benefits
 
Three months ended March 31,
 
2016
 
2015
 
2016
 
2015
 
(In thousands)
 
 
 
 
 
 
 
 
Company-administered plans:
 
 
 
 
 
 
 
Service cost
$
3,400

 
3,627

 
$
69

 
111

Interest cost
22,240

 
21,887

 
232

 
284

Expected return on plan assets
(23,085
)
 
(24,900
)
 

 

Amortization of:
 
 
 
 
 
 
 
Net actuarial loss/(gain)
7,965

 
7,808

 
(484
)
 
(196
)
Prior service credit

 
(76
)
 
(58
)
 
(478
)
 
10,520

 
8,346

 
(241
)
 
(279
)
Union-administered plans
2,322

 
2,172

 

 

Net periodic benefit cost/(credit)
$
12,842

 
10,518

 
$
(241
)
 
(279
)
 
 
 
 
 
 
 
 
Company-administered plans:
 
 
 
 
 
 
 
U.S.
$
11,175

 
8,892

 
$
(340
)
 
(415
)
Non-U.S.
(655
)
 
(546
)
 
99

 
136

 
10,520

 
8,346

 
(241
)
 
(279
)
Union-administered plans
2,322

 
2,172

 

 

Net periodic benefit cost/(credit)
$
12,842

 
10,518

 
$
(241
)
 
(279
)


During the three months ended March 31, 2016, we contributed $20.2 million to our pension plans. In 2016, we expect total contributions to our pension plans to be approximately $80 million.