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Retirement Plans and Other Post-Retirement Benefits
9 Months Ended
Sep. 30, 2016
Compensation And Retirement Disclosure [Abstract]  
Retirement Plans and Other Post-Retirement Benefits

7.

RETIREMENT PLANS AND OTHER POST-RETIREMENT BENEFITS

The following tables provide information with respect to the net periodic costs of our pension and post retirement medical benefit plans.

 

 

Three months ended

September 30

 

In thousands

2016

 

 

2015

 

Pension Benefits

 

 

 

 

 

 

 

Service cost

$

2,614

 

 

$

2,850

 

Interest cost

 

6,120

 

 

 

5,868

 

Expected return on plan assets

 

(11,331

)

 

 

(11,498

)

Amortization of prior service cost

 

674

 

 

 

760

 

Amortization of unrecognized loss

 

3,293

 

 

 

4,226

 

Net periodic benefit cost

$

1,370

 

 

$

2,206

 

Other Benefits

 

 

 

 

 

 

 

Service cost

$

287

 

 

$

358

 

Interest cost

 

498

 

 

 

499

 

Amortization of prior service cost

 

(45

)

 

 

(70

)

Amortization of unrecognized (gain)/loss

 

(189

)

 

 

58

 

Net periodic benefit cost

$

551

 

 

$

845

 

 

 

Nine months ended

September 30

 

In thousands

2016

 

 

2015

 

Pension Benefits

 

 

 

 

 

 

 

Service cost

$

7,855

 

 

$

8,546

 

Interest cost

 

18,360

 

 

 

17,606

 

Expected return on plan assets

 

(33,992

)

 

 

(34,495

)

Amortization of prior service cost

 

2,023

 

 

 

2,281

 

Amortization of unrecognized loss

 

9,880

 

 

 

12,679

 

Net periodic benefit cost

$

4,126

 

 

$

6,617

 

Other Benefits

 

 

 

 

 

 

 

Service cost

$

860

 

 

$

1,074

 

Interest cost

 

1,494

 

 

 

1,498

 

Amortization of prior service cost

 

(136

)

 

 

(210

)

Amortization of unrecognized (gain)/loss

 

(567

)

 

 

173

 

Net periodic benefit cost

$

1,651

 

 

$

2,535