Benefit Plans

6 Months Ended

Jun. 30, 2021

Retirement Benefits [Abstract]

Benefit Plans

Benefit Plans

Tables 10.1 and 10.2 provide the components of net periodic benefit cost for our pension, supplemental executive retirement and other postretirement benefit plans for the three and six months ended June 30, 2021 and 2020.

Components of net periodic benefit cost
Table	10.1
		Three Months Ended June 30,
		Pension and Supplemental Executive Retirement Plans				Other Postretirement Benefit Plans
(In thousands)		2021		2020		2021		2020
Service cost		$	2,152	$	1,876	$	390	$	322
Interest cost		2,779		3,336		160		202
Expected return on plan assets		(5,256)		(5,473)		(2,216)		(1,852)
Amortization of net actuarial losses (gains)		1,255		1,526		(409)		(201)
Amortization of prior service cost (credit)		(59)		(62)		53		12
Net periodic benefit cost (benefit)		$	871	$	1,203	$	(2,022)	$	(1,517)

Components of net periodic benefit cost
Table	10.2
		Six Months Ended June 30,
		Pension and Supplemental Executive Retirement Plans				Other Postretirement Benefit Plans
(In thousands)		2021		2020		2021		2020
Service cost		$	3,816	$	3,697	$	754	$	631
Interest cost		5,589		6,750		324		416
Expected return on plan assets		(10,458)		(11,053)		(4,431)		(3,704)
Amortization of net actuarial losses (gains)		2,805		3,160		(848)		(391)
Amortization of prior service cost (credit)		(119)		(124)		106		25
Net periodic benefit cost (benefit)		$	1,633	$	2,430	$	(4,095)	$	(3,023)

In July 2021, we made a contribution of $6.8 million to our qualified pension plan.