XML 33 R22.htm IDEA: XBRL DOCUMENT v3.21.1
EMPLOYEE BENEFIT PLANS
3 Months Ended
Mar. 31, 2021
Retirement Benefits [Abstract]  
EMPLOYEE BENEFIT PLANS EMPLOYEE BENEFIT PLANS
Components of net pension expense were as follows:
Three months ended March 31,
 20212020
 (In thousands)
Company-administered plans:
Service cost$368 $3,213 
Interest cost14,535 17,532 
Expected return on plan assets(21,694)(24,263)
Amortization of net actuarial loss and prior service cost7,097 7,902 
306 4,384 
Multi-employer plans2,641 2,779 
Net pension expense$2,947 $7,163 
Company-administered plans:
U.S.$2,363 $6,778 
Non-U.S.(2,057)(2,394)
306 4,384 
Multi-employer plans2,641 2,779 
Net pension expense$2,947 $7,163 
Non-operating pension costs, net include the amortization of net actuarial loss and prior service cost, interest cost and expected return on plan assets components of pension and postretirement benefit costs, as well as any significant charges for settlements or curtailments if recognized. During the three months ended March 31, 2021, we contributed $1 million to our pension plans. In 2021, the expected total contributions to our pension plans are approximately $7 million. We also maintain other postretirement benefit plans that are not reflected in the table above as the amount of postretirement benefit expense for such plans was not material for any period presented.