XML 38 R20.htm IDEA: XBRL DOCUMENT v3.20.2
Retirement and Pension Plans
 6 Months Ended
Jun. 30, 2020
Retirement Benefits [Abstract]  
Retirement and Pension Plans Retirement and Pension Plans
The components of net periodic pension benefit expense (income) were as follows:
Three Months Ended
June 30,		Six Months Ended
June 30,
2020201920202019
(In thousands)
Defined benefit plans:
Service cost$1,929  $1,702  $3,879  $3,415  
Interest cost5,600  6,740  11,236  13,502  
Expected return on plan assets(13,558) (13,085) (27,208) (26,211) 
Amortization of net actuarial loss and other3,931  4,649  7,907  7,936  
Pension (income) expense(2,098) 6  (4,186) (1,358) 
Other plans:
Defined contribution plans6,882  8,154  16,907  17,262  
Foreign plans and other1,832  1,543  3,873  3,105  
Total other plans8,714  9,697  20,780  20,367  
Total net pension expense$6,616  $9,703  $16,594  $19,009  
For defined benefit plans, the net periodic benefit expense (income), other than the service cost component, is included in “Other income (expense), net” in the consolidated statement of income.
For the six months ended June 30, 2020 and 2019, contributions to the Company’s defined benefit pension plans were $3.2 million and $1.5 million, respectively. The Company’s current estimate of 2020 contributions to its worldwide defined benefit pension plans is in line with the range disclosed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019.