Benefit Plans

6 Months Ended

Jun. 30, 2022

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, 2022 and 2021.

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)		2022		2021		2022		2021
Service cost		$	1,869	$	2,152	$	306	$	390
Interest cost		2,848		2,779		171		160
Expected return on plan assets		(4,864)		(5,256)		(2,626)		(2,216)
Amortization of net actuarial losses (gains)		1,349		1,255		(798)		(409)
Amortization of prior service cost (credit)		(53)		(59)		122		53
Net periodic benefit cost (benefit)		$	1,149	$	871	$	(2,825)	$	(2,022)
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)		2022		2021		2022		2021
Service cost		$	3,626	$	3,816	$	654	$	754
Interest cost		5,725		5,589		348		324
Expected return on plan assets		(9,816)		(10,458)		(5,251)		(4,431)
Amortization of net actuarial losses (gains)		2,532		2,805		(1,552)		(848)
Amortization of prior service cost (credit)		(106)		(119)		244		106
Net periodic benefit cost (benefit)		$	1,961	$	1,633	$	(5,557)	$	(4,095)

In July 2022, we made a contribution totaling $6.3 million to our qualified pension plan.