Benefit Plans

3 Months Ended

Mar. 31, 2023

Retirement Benefits [Abstract]

Benefit Plans

Benefit Plans

Table 10.1 provides the components of net periodic benefit cost for our pension, supplemental executive retirement and other postretirement benefit plans for the three months ended March 31, 2023 and 2022.

Components of net periodic benefit cost
Table	10.1
		Three Months Ended March 31,
		Pension and Supplemental Executive Retirement Plans				Other Postretirement Benefit Plans
(In thousands)		2023		2022		2023		2022
Company service cost		$	—	$	1,757	$	386	$	348
Interest cost		3,682		2,877		398		177
Expected return on plan assets		(3,581)		(4,952)		(2,063)		(2,625)
Amortization of:
Net actuarial losses (gains)		597		1,183		(64)		(754)
Prior service cost (credit)		86		(53)		465		122
Cost of settlements and curtailments		7,847		—		—		—
Net periodic benefit cost (benefit)		$	8,631	$	812	$	(878)	$	(2,732)

Effective January 1, 2023, the defined benefit pension plan and supplemental executive retirement plan are frozen (no future benefits will be accrued for participants due to employment and no new participants will be added). Participants in these plans are fully vested in their benefits.