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Employee Benefit Plans | 6 Months Ended
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Jun. 30, 2020
Defined Benefit Plan [Abstract] |
Employee Benefit Plans | 15. Employee Benefit Plans Retirement Plans The Company sponsors qualified defined benefit pension plans covering certain employees of the Company and its subsidiaries, although the U.S. qualified and non-qualified defined benefit plans are closed to new entrants. The plans’ benefits are generally based on years of service and employee compensation. The Company also provides to certain management employees, through non-qualified plans, supplemental retirement benefits in excess of qualified plan limits imposed by federal tax law. The tables below set forth the components of the Company’s net periodic (income) expense relating to retirement benefit plans. The service cost component is recognized within selling, general and administrative expenses and cost of goods and services, depending on the functional area of the underlying employees included in the plans, and the non-operating components of pension costs are included within other income, net in the Condensed Consolidated Statements of Earnings. Qualified Defined Benefits
| Three Months Ended June 30, |  |  |  |  |  |  |  | Six Months Ended June 30, |  |  |  |  |  |
| U.S. Plan |  |  |  | Non-U.S. Plans |  |  |  | U.S. Plan |  |  |  | Non-U.S. Plans |  |
| 2020 |  | 2019 |  | 2020 |  | 2019 |  | 2020 |  | 2019 |  | 2020 |  | 2019
Service cost | $ | 1,706 |  |  | $ | 1,754 |  |  | $ | 1,295 |  |  | $ | 1,291 |  |  | $ | 3,412 |  |  | $ | 3,508 |  |  | $ | 2,588 |  |  | $ | 2,836 |
Interest cost | 4,068 |  |  | 4,756 |  |  | 796 |  |  | 1,207 |  |  | 8,136 |  |  | 9,513 |  |  | 1,621 |  |  | 2,448 |
Expected return on plan assets | (7,869) |  |  | (8,534) |  |  | (1,637) |  |  | (1,608) |  |  | (15,738) |  |  | (17,068) |  |  | (3,314) |  |  | (3,126) |
Amortization: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Prior service cost (credit) | 57 |  |  | 76 |  |  | (120) |  |  | (138) |  |  | 114 |  |  | 151 |  |  | (239) |  |  | (196) |
Recognized actuarial loss | 1,884 |  |  | — |  |  | 735 |  |  | 708 |  |  | 3,768 |  |  | — |  |  | 1,476 |  |  | 1,525 |
Net periodic (income) expense | $ | (154) |  |  | $ | (1,948) |  |  | $ | 1,069 |  |  | $ | 1,460 |  |  | $ | (308) |  |  | $ | (3,896) |  |  | $ | 2,132 |  |  | $ | 3,487 |
Non-Qualified Supplemental Benefits
| Three Months Ended June 30, |  |  |  | Six Months Ended June 30, |  |
| 2020 |  | 2019 |  | 2020 |  | 2019
Service cost | $ | 318 |  |  | $ | 486 |  |  | $ | 636 |  |  | $ | 971 |
Interest cost | 442 |  |  | 668 |  |  | 883 |  |  | 1,335 |
Amortization: |  |  |  |  |  |  |
Prior service cost | 424 |  |  | 703 |  |  | 848 |  |  | 1,406 |
Recognized actuarial gain | (465) |  |  | (570) |  |  | (929) |  |  | (1,140) |
Net periodic expense | $ | 719 |  |  | $ | 1,287 |  |  | $ | 1,438 |  |  | $ | 2,572 |
Post-Retirement Benefit Plans The Company also maintains post-retirement benefit plans, although these plans are closed to new entrants. The supplemental and post-retirement benefit plans are supported by the general assets of the Company. The following table sets forth the components of the Company’s net periodic expense relating to its post-retirement benefit plans:
| Three Months Ended June 30, |  |  |  | Six Months Ended June 30, |  |
| 2020 |  | 2019 |  | 2020 |  | 2019
Service cost | $ | 5 |  |  | $ | 5 |  |  | $ | 10 |  |  | $ | 10 |
Interest cost | 61 |  |  | 78 |  |  | 121 |  |  | 156 |
Amortization: |  |  |  |  |  |  |
Prior service cost | 4 |  |  | 3 |  |  | 7 |  |  | 7 |
Recognized actuarial gain | (4) |  |  | (16) |  |  | (8) |  |  | (35) |
Net periodic expense | $ | 66 |  |  | $ | 70 |  |  | $ | 130 |  |  | $ | 138 |
The total amount amortized out of accumulated other comprehensive earnings into net periodic pension and post-retirement expense totaled $2,515 and $766 for the three months ended June 30, 2020 and 2019, respectively, and $5,037 and $1,718 for the six months ended June 30, 2020 and 2019, respectively. Defined Contribution Retirement Plans The Company also offers defined contribution retirement plans which cover the majority of its U.S. employees, as well as employees in certain other countries. The Company’s expense relating to defined contribution plans was $12,493, and $13,247 for the three months ended June 30, 2020 and 2019, respectively, and $26,541 and $26,153 for the six months ended June 30, 2020 and 2019.

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- Definition The entire disclosure for pension and other postretirement benefits. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -URI http://asc.fasb.org/topic&trid=2235017 + Details
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