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EMPLOYEE BENEFITS - POSTRETIREMENT (Tables)
3 Months Ended
Mar. 31, 2016
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract]  
Schedule of Net Periodic Benefit Costs Charged to Operating Expenses
The net periodic benefit costs charged to operating expenses, which are valued at the measurement date of January 1 and recognized evenly throughout the year, consisted of the following components (in thousands of dollars):
 
Three Months Ended March 31,
 
2016
 
2015
Service cost
$
2,059

 
$
2,532

Interest cost
2,464

 
2,412

Expected return on assets
(2,528
)
 
(2,594
)
Amortization of unrecognized losses
32

 
378

Amortization of prior service credits
(1,672
)
 
(1,700
)
Net periodic benefit costs
$
355

 
$
1,028