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Health Care, Pension and Other Benefits (Tables)
9 Months Ended
Sep. 30, 2016
Compensation and Retirement Disclosure [Abstract]  
Components of net periodic benefit costs for pension and other employee benefit plans
Shown below are the components of the Company’s net periodic benefit cost (credit) for domestic defined benefit pension plans, foreign defined benefit pension plans and postretirement benefits other than pensions:
 
(Thousands of dollars)
Domestic Defined
Benefit Pension Plans
 
Foreign Defined
Benefit Pension Plans
 
Postretirement
Benefits Other than
Pensions
 
2016
 
2015
 
2016
 
2015
 
2016
 
2015
Three Months Ended September 30:
 
 
 
 
 
 
 
 
 
 
 
Net periodic benefit cost (credit):
 
 
 
 
 
 
 
 
 
 
 
Service cost
$
5,741

 
$
5,754

 
$
955

 
$
1,326

 
$
562

 
$
621

Interest cost
6,587

 
6,236

 
1,788

 
2,271

 
2,752

 
2,795

Expected return on assets
(12,514
)
 
(13,023
)
 
(1,581
)
 
(2,431
)
 
 
 
 
Amortization of:
 
 
 
 
 
 
 
 
 
 
 
Prior service cost (credit)
302

 
327

 
 
 
 
 
(1,645
)
 
(1,132
)
Actuarial loss
1,094

 
844

 
230

 
485

 
 
 
253

Net periodic benefit cost (credit)
$
1,210

 
$
138

 
$
1,392

 
$
1,651

 
$
1,669

 
$
2,537

 
 
 
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30:
 
 
 
 
 
 
 
 
 
 
 
Net periodic benefit cost (credit):
 
 
 
 
 
 
 
 
 
 
 
Service cost
$
16,719

 
$
17,263

 
$
3,494

 
$
3,976

 
$
1,684

 
$
1,863

Interest cost
19,873

 
18,710

 
5,949

 
6,813

 
8,257

 
8,386

Expected return on assets
(37,648
)
 
(39,071
)
 
(5,273
)
 
(7,292
)
 
 
 
 
Amortization of:
 
 
 
 
 
 
 
 
 
 
 
Prior service cost (credit)
904

 
982

 
 
 
 
 
(4,935
)
 
(3,396
)
Actuarial loss
3,399

 
2,530

 
1,095

 
1,454

 
 
 
759

Settlement costs
 
 
 
 
4,038

 
 
 
 
 
 
Net periodic benefit cost (credit)
$
3,247

 
$
414

 
$
9,303

 
$
4,951

 
$
5,006

 
$
7,612