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Pensions and Other Post-retirement Benefits | 9 Months Ended
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Sep. 30, 2024
Retirement Benefits [Abstract] |
Pensions and Other Post-retirement Benefits | Pensions and Other Post-retirement Benefits Components of Net periodic benefit (income) cost consisted of the following:
|  | Pension Benefits |  | Other Benefits
(In thousands) |  | 2024 |  | 2023 |  | 2024 |  | 2023
Three Months Ended September 30, |  |  |  |  |  |  |  |
Service cost |  | $ | 2,315 |  |  | $ | 1,884 |  |  | $ | 44 |  |  | $ | 53 |
Interest cost |  | 5,970 |  |  | 5,918 |  |  | 248 |  |  | 273 |
Expected return on plan assets |  | (10,812) |  |  | (9,906) |  |  | — |  |  | — |
Amortization of prior service cost (credit) |  | 37 |  |  | 37 |  |  | (46) |  |  | (61) |
Recognized net actuarial losses |  | 282 |  |  | 47 |  |  | 115 |  |  | 138 |
Net periodic benefit (income) cost (a) |  | $ | (2,208) |  |  | $ | (2,020) |  |  | $ | 361 |  |  | $ | 403 |
Nine Months Ended September 30, |  |  |  |  |  |  |  |
Service cost |  | $ | 6,945 |  |  | $ | 5,652 |  |  | $ | 132 |  |  | $ | 159 |
Interest cost |  | 17,910 |  |  | 17,754 |  |  | 744 |  |  | 819 |
Expected return on plan assets |  | (32,436) |  |  | (29,718) |  |  | — |  |  | — |
Amortization of prior service cost (credit) |  | 111 |  |  | 111 |  |  | (138) |  |  | (183) |
Recognized net actuarial losses |  | 846 |  |  | 141 |  |  | 345 |  |  | 414 |
Settlements |  | 1,308 |  |  | — |  |  | — |  |  | — |
Net periodic benefit (income) cost (a) |  | $ | (5,316) |  |  | $ | (6,060) |  |  | $ | 1,083 |  |  | $ | 1,209 |
(a) Components of Net periodic benefit (income) cost other than service cost are included in the line item Other income, net, and service costs are included in the line items Cost of products sold and Selling, general and administrative in the unaudited Condensed Consolidated Statements of Operations.
We made contributions of $3.9 million and $4.3 million to our pension plans during the nine months ended September 30, 2024, and 2023, respectively. We expect to make net contributions of $5.3 million to our pension plans in 2024, which are primarily associated with statutorily required plans in the International reporting segment.

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