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Retirement and Pension Plans
6 Months Ended
Jun. 30, 2025
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,
2025202420252024
(In thousands)
Defined benefit plans:
Service cost$596 $727 $1,168 $1,457 
Interest cost7,325 6,978 14,500 13,967 
Expected return on plan assets(13,236)(13,619)(26,330)(27,251)
Amortization of net actuarial loss and other2,066 2,333 4,085 4,670 
Pension income(3,249)(3,581)(6,577)(7,157)
Other plans:
Defined contribution plans11,187 10,985 23,691 25,580 
Foreign plans and other1,184 2,287 2,988 3,976 
Total other plans12,371 13,272 26,679 29,556 
Total net pension expense$9,122 $9,691 $20,102 $22,399 
For defined benefit plans, the net periodic benefit income, other than the service cost component, is included in “Other (expense) income, net” in the consolidated statement of income.
For the six months ended June 30, 2025 and 2024, contributions to the Company’s defined benefit pension plans were $3.0 million and $2.9 million, respectively. The Company’s current estimate of 2025 contributions to its worldwide defined benefit pension plans is in line with the range disclosed in Note 12 of the Company’s Annual Report on Form 10-K for the year ended December 31, 2024.