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Pension Plans and Other Postretirement Benefits
9 Months Ended
Sep. 30, 2022
Retirement Benefits [Abstract]  
Pension Plans and Other Postretirement Benefits Pension Plans and Other Postretirement Benefits
The table below shows cash contributions made during the nine months ended September 30, 2022, as well as the remaining cash contributions we expect to make during the year ending December 31, 2022, for our domestic and foreign pension plans and domestic postretirement benefit plan.
(in thousands)Actual Cash Contributions for Nine Months Ended September 30, 2022Expected Remaining Cash Contributions for Year Ending December 31, 2022
Domestic plans
Pension benefits$1,765 $572 
Postretirement benefits937 312 
Foreign plans
Pension benefits4,409 1,796 
The tables below present information on net periodic benefit cost (income) for our domestic and foreign pension plans and domestic postretirement benefit plan. The service cost component of net periodic benefit cost (income) is reflected in cost of goods sold; selling, general, and administrative expenses; or research, development, and testing expenses, according to where other compensation costs arising from services rendered by the pertinent employee are recorded on the Consolidated Statements of Income. The remaining components of net periodic benefit cost (income) are recorded in other income (expense), net on the Consolidated Statements of Income.
 Domestic
 Pension BenefitsPostretirement Benefits
Third Quarter Ended September 30,
(in thousands)2022202120222021
Service cost$4,490 $4,858 $299 $310 
Interest cost3,332 3,282 294 285 
Expected return on plan assets(10,945)(9,666)(185)(213)
Amortization of prior service cost (credit)68 66 (757)(757)
Amortization of actuarial net (gain) loss419 1,502 22 
Net periodic benefit cost (income)$(2,636)$42 $(327)$(373)
 Domestic
 Pension BenefitsPostretirement Benefits
Nine Months Ended September 30,
(in thousands)2022202120222021
Service cost$14,202 $14,486 $820 $810 
Interest cost10,109 9,764 872 868 
Expected return on plan assets(32,825)(29,006)(593)(680)
Amortization of prior service cost (credit)204 203 (2,271)(2,271)
Amortization of actuarial net (gain) loss1,491 4,282 39 27 
Net periodic benefit cost (income)$(6,819)$(271)$(1,133)$(1,246)
 Foreign
 Pension Benefits
Third Quarter Ended September 30,Nine Months Ended September 30,
(in thousands)2022202120222021
Service cost$2,123 $2,748 $6,735 $8,274 
Interest cost993 829 3,141 2,490 
Expected return on plan assets(2,362)(2,674)(7,506)(8,031)
Amortization of prior service cost (credit)33 38 105 114 
Amortization of actuarial net (gain) loss152 901 483 2,709 
Net periodic benefit cost (income)$939 $1,842 $2,958 $5,556