XML 26 R14.htm IDEA: XBRL DOCUMENT v3.25.2
Pensions and other postretirement benefit plans
6 Months Ended
Jun. 30, 2025
Retirement Benefits [Abstract]  
Pensions and other postretirement benefit plans
NOTE 7 — Pensions and other postretirement benefit plans

We, along with our subsidiaries, sponsor various defined benefit retirement plans, including plans established under collective bargaining agreements. Our retirement plans primarily include the (i) Gannett Retirement Plan (the "GR Plan"), (ii) Gannett Retirement Plan for Certain Union Employees, and (iii) Newsquest Scheme in the U.K., as well as other smaller and/or frozen defined benefit and defined contribution plans. We also provide health care and life insurance benefits to certain retired employees who meet age and service requirements.
Retirement plan costs include the following components:
Pension benefits
Postretirement benefits
Three months ended June 30,Three months ended June 30,
In thousands2025202420252024
Operating expenses:
Service cost - benefits earned during the period$248 $289 $$
Non-operating expenses:
Interest cost on benefit obligations20,837 20,276 526 530 
Expected return on plan assets(23,444)(24,050)— — 
Amortization of prior service cost (benefit)18 17 (142)(142)
Amortization of actuarial cost (benefit)620 710 (418)(478)
Total non-operating benefit$(1,969)$(3,047)$(34)$(90)
Total benefit for retirement plans$(1,721)$(2,758)$(26)$(82)
Pension benefits
Postretirement benefits
Six months ended June 30,Six months ended June 30,
In thousands2025202420252024
Operating expenses:
Service cost - benefits earned during the period$496 $578 $16 $17 
Non-operating expenses:
Interest cost on benefit obligations41,224 40,591 1,052 1,060 
Expected return on plan assets(46,304)(48,153)— — 
Amortization of prior service cost (benefit)35 34 (284)(284)
Amortization of actuarial cost (benefit)1,197 1,425 (837)(956)
Total non-operating benefit$(3,848)$(6,103)$(69)$(180)
Total benefit for retirement plans$(3,352)$(5,525)$(53)$(163)
Contributions
We are contractually obligated to contribute to our pension and postretirement benefit plans. During the six months ended June 30, 2025, we contributed $0.6 million and $2.2 million to our pension and other postretirement plans, respectively.