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Pensions and Other Post-retirement Benefits | 6 Months Ended
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Jun. 30, 2021
Retirement Benefits [Abstract] |
Pensions and Other Post-retirement Benefits | Pensions and Other Post-retirement Benefits Components of net periodic benefit cost consisted of the following:
|  | Pension Benefits |  | Other Benefits
(In thousands) |  | 2021 |  | 2020 |  | 2021 |  | 2020
Three Months Ended June 30, |  |  |  |  |  |  |  |
Service cost |  | $ | 3,242 |  |  | $ | 3,011 |  |  | $ | 99 |  |  | $ | 99 |
Interest cost |  | 2,817 |  |  | 3,726 |  |  | 116 |  |  | 179 |
Expected return on plan assets |  | (9,147) |  |  | (8,503) |  |  | — |  |  | — |
Amortization of prior service cost (credit) |  | 66 |  |  | 46 |  |  | (90) |  |  | (98) |
Recognized net actuarial losses |  | 4,421 |  |  | 3,935 |  |  | 399 |  |  | 286 |
Net periodic benefit cost (a) |  | $ | 1,399 |  |  | $ | 2,215 |  |  | $ | 524 |  |  | $ | 466 |
Six Months Ended June 30, |  |  |  |  |  |  |  |
Service cost |  | $ | 6,484 |  |  | $ | 6,022 |  |  | $ | 198 |  |  | $ | 198 |
Interest cost |  | 5,634 |  |  | 7,452 |  |  | 232 |  |  | 358 |
Expected return on plan assets |  | (18,294) |  |  | (17,006) |  |  | — |  |  | — |
Amortization of prior service cost (credit) |  | 132 |  |  | 92 |  |  | (180) |  |  | (196) |
Recognized net actuarial losses |  | 8,842 |  |  | 7,870 |  |  | 798 |  |  | 572 |
Settlements |  | (1,879) |  |  | — |  |  | — |  |  | — |
Net periodic benefit cost(a) |  | $ | 919 |  |  | $ | 4,430 |  |  | $ | 1,048 |  |  | $ | 932 |
(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 Statements of Income. We made contributions of $3.8 million to our pension plans during both the six months ended June 30, 2021 and 2020. We expect to make total contributions of approximately $7.7 million to our pension plans in 2021 primarily associated with statutorily required plans in the International segment.

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