XML 39 R40.htm IDEA: XBRL DOCUMENT v3.19.3
Pensions and Other Post-retirement Benefits (Tables)
9 Months Ended
Sep. 30, 2019
Retirement Benefits [Abstract]  
Components of Net Periodic Benefit Cost
Components of net periodic benefit cost consisted of the following:
 
 
Pension Benefits
 
Other Benefits
(In thousands)
 
2019
 
2018
 
2019
 
2018
Three Months Ended September 30,
 
 
 
 
 
 
 
 
Service cost
 
$
2,579

 
$
2,891

 
$
88

 
$
92

Interest cost
 
4,712

 
4,218

 
249

 
199

Expected return on plan assets
 
(9,655
)
 
(9,097
)
 

 

Amortization of prior service cost (credit)
 
54

 
(4
)
 
(101
)
 
(101
)
Recognized net actuarial losses
 
2,555

 
3,454

 
217

 
188

Settlements
 

 
26

 

 

Net periodic benefit cost (a)
 
$
245

 
$
1,488

 
$
453

 
$
378

 
 
 
 
 
 
 
 
 
Nine Months Ended September 30,
 
 
 
 
 
 
 
 
Service cost
 
$
7,738

 
$
8,673

 
$
266

 
$
276

Interest cost
 
14,138

 
12,656

 
747

 
595

Expected return on plan assets
 
(28,966
)
 
(27,289
)
 

 

Amortization of prior service cost (credit)
 
162

 
(16
)
 
(303
)
 
(303
)
Recognized net actuarial losses
 
7,666

 
10,360

 
651

 
564

Settlements
 
2,363

(b) 
80

 

 

Net periodic benefit cost(a)
 
$
3,101

 
$
4,464

 
$
1,361

 
$
1,132


(a) Components of net periodic benefit cost other than service cost are included in the line item "Other income, net" in the unaudited Condensed Consolidated Statement of Income.
(b) Related to a non-cash charge associated with the termination of our pension plan in the U.K. and included in "Restructuring charges" on the unaudited Condensed Consolidated Statement of Income.