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Pension Plans and Other Postretirement Benefits (Tables)
9 Months Ended
Sep. 30, 2017
Retirement Benefits [Abstract]  
Domestic and Foreign Pension and Postretirement Defined Benefit Plans
The components of pension and postretirement benefits cost (credit) from continuing operations for the three-month and nine-month periods ended September 30, 2017 and 2016 were as follows (in thousands):
 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
 
2017
 
2016
 
2017
 
2016
Pension Benefits Cost (Credit):
 
 
 
 
 
 
 
Service cost
$
1,067

 
$
842

 
$
3,090

 
$
3,123

Interest cost
8,375

 
9,115

 
24,983

 
27,978

Expected return on assets
(9,960
)
 
(9,920
)
 
(29,799
)
 
(30,429
)
Actuarial gain

 

 

 
(50
)
Amortization of prior service benefit
29

 
230

 
102

 
698

Total net pension benefits (credit) cost
$
(489
)
 
$
267

 
$
(1,624
)
 
$
1,320

Postretirement Benefits Cost (Credit):
 
 
 
 
 
 
 
Service cost
$
30

 
$
29

 
$
91

 
$
86

Interest cost
585

 
620

 
1,755

 
1,862

Expected return on assets
(28
)
 
(46
)
 
(83
)
 
(140
)
Amortization of prior service benefit
(24
)
 
(24
)
 
(72
)
 
(72
)
Total net postretirement benefits cost
$
563

 
$
579

 
$
1,691

 
$
1,736

Total net pension and postretirement benefits cost(a)
$
74

 
$
846

 
$
67

 
$
3,056


(a)
For the three-month and nine-month periods ended September 30, 2016, $3.7 million and $4.9 million, respectively, of net pension and postretirement benefits cost are included in Income (loss) from discontinued operations (net of tax) in the consolidated statements of income. See Note 3, “Divestitures,” for additional information.