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Pension and Postretirement Benefits (Tables)
3 Months Ended
Mar. 31, 2022
Retirement Benefits [Abstract]  
Components of Net Periodic Benefit Cost of Pension and Postretirement Benefit Plans

The components of net periodic benefit cost of our pension and postretirement benefit plans for the three months ended March 31, 2022 and 2021 consist of the following:

 

 

 

Domestic Plans

 

 

 

 

 

 

 

 

 

Pension Plans

 

 

Postretirement Benefit Plans

 

 

Foreign Pension Plans

 

(in thousands)

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Service cost

 

$

 

 

$

 

 

$

10

 

 

$

13

 

 

$

85

 

 

$

113

 

Interest cost

 

 

125

 

 

 

114

 

 

 

54

 

 

 

55

 

 

 

88

 

 

 

76

 

Expected return on plan assets

 

 

(2

)

 

 

(27

)

 

 

 

 

 

 

 

 

(125

)

 

 

(125

)

Amortization of prior service credit

 

 

 

 

 

 

 

 

22

 

 

 

(1

)

 

 

 

 

 

 

Recognized net actuarial loss

 

 

134

 

 

 

151

 

 

 

23

 

 

 

56

 

 

 

35

 

 

 

49

 

Net periodic benefit cost

 

$

257

 

 

$

238

 

 

$

109

 

 

$

123

 

 

$

83

 

 

$

113

 

Settlement cost

 

$

115

 

 

$

 

 

$

 

 

$

 

 

$

533

 

 

$

 

Total expenses

 

$

372

 

 

$

238

 

 

$

109

 

 

$

123

 

 

$

616

 

 

$

113