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Pension and Other Postretirement Employee Benefits (Tables)
9 Months Ended
Sep. 30, 2020
General Discussion Of Pension And Other Postretirement Benefits [Abstract]  
Components of Net Periodic Cost (Benefit)

The following tables detail the components of net periodic cost (benefit) of our pension plans and other postretirement employee benefits (OPEB):

 

 

Three Months Ended September 30,

 

 

 

Pension

 

 

OPEB

 

(in thousands)

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Service cost

 

$

2,233

 

 

$

1,942

 

 

$

127

 

 

$

93

 

Interest cost

 

 

3,066

 

 

 

4,618

 

 

 

376

 

 

 

397

 

Expected return on plan assets

 

 

(3,869

)

 

 

(5,548

)

 

 

 

 

 

 

Amortization of prior service cost (credit)

 

 

29

 

 

 

52

 

 

 

(319

)

 

 

(2,211

)

Amortization of actuarial loss

 

 

3,856

 

 

 

3,374

 

 

 

418

 

 

 

253

 

Total net periodic cost (benefit)

 

$

5,315

 

 

$

4,438

 

 

$

602

 

 

$

(1,468

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30,

 

 

 

Pension

 

 

OPEB

 

(in thousands)

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Service cost

 

$

6,699

 

 

$

5,825

 

 

$

381

 

 

$

278

 

Interest cost

 

 

9,198

 

 

 

13,849

 

 

 

1,127

 

 

 

1,191

 

Expected return on plan assets

 

 

(11,606

)

 

 

(16,643

)

 

 

 

 

 

 

Amortization of prior service cost (credit)

 

 

85

 

 

 

158

 

 

 

(957

)

 

 

(6,633

)

Amortization of actuarial loss

 

 

11,569

 

 

 

10,122

 

 

 

1,254

 

 

 

760

 

Net periodic cost (benefit) before pension settlement charge

 

 

15,945

 

 

 

13,311

 

 

 

1,805

 

 

 

(4,404

)

Pension settlement charge

 

 

42,988

 

 

 

 

 

 

 

 

 

 

Net periodic cost (benefit)

 

$

58,933

 

 

$

13,311

 

 

$

1,805

 

 

$

(4,404

)