Net Periodic Benefit Cost (Tables)

9 Months Ended

Sep. 30, 2019

Schedule of Net Benefit Costs [Table Text Block]

Net periodic pension cost for the Company’s defined benefit pension plans and U.S. post-retirement medical plan includes the following components for the three months ended September 30:



	U.S. Pension Benefits						Non-U.S. Pension Benefits						Other U.S. Post-retirement Benefits						Total
	2019			2018			2019			2018			2019			2018			2019			2018
Service cost, net	$	266		$	273		$	3,788		$	3,752		$	—		$	—		4,054			4,025
Interest cost on projected benefit obligations	1,146			1,060			2,547			2,180			16			16			3,709			3,256
Expected return on plan assets	(1,472		)	(1,733		)	(7,342		)	(7,733		)	—			—			(8,814		)	(9,466		)
Recognition of prior service cost	—			—			(1,679		)	(1,727		)	—			(93		)	(1,679		)	(1,820		)
Recognition of actuarial losses/(gains)	593			1,451			5,149			5,331			(173		)	(311		)	5,569			6,471
Net periodic pension cost/(credit)	$	533		$	1,051		$	2,463		$	1,803		$	(157	)	$	(388	)	$	2,839		$	2,466

Net periodic pension cost for the Company’s defined benefit pension plans and U.S. post-retirement medical plan includes the following components for the nine months ended September 30:



	U.S. Pension Benefits						Non-U.S. Pension Benefits						Other U.S. Post-retirement Benefits						Total
	2019			2018			2019			2018			2019			2018			2019			2018
Service cost, net	$	797		$	817		$	11,290		$	11,416		$	—		$	—		12,087			12,233
Interest cost on projected benefit obligations	3,438			3,182			7,595			6,534			48			48			11,081			9,764
Expected return on plan assets	(4,415		)	(5,197		)	(21,846		)	(23,408		)	—			—			(26,261		)	(28,605		)
Recognition of prior service cost	—			—			(5,033		)	(5,248		)	—			(279		)	(5,033		)	(5,527		)
Recognition of actuarial losses/(gains)	1,780			4,353			15,410			16,261			(518		)	(937		)	16,672			19,677
Net periodic pension cost/(credit)	$	1,600		$	3,155		$	7,416		$	5,555		$	(470	)	$	(1,168	)	$	8,546		$	7,542