v3.19.3

Employee Benefit Plans (Tables)

9 Months Ended

Sep. 30, 2019

Retirement Benefits [Abstract]

Schedule of Consolidated Net Periodic Benefit Costs

Net periodic benefit expense for the three and nine months ended September 30, 2018 and 2019 was as follows (in thousands):

 

	Three Months Ended								Three Months Ended
	September 30, 2018								September 30, 2019
	Pension Benefits				Other  Postretirement Benefits				Pension Benefits				Other  Postretirement Benefits
Components of net periodic benefit costs:
Service cost	$	6,424			$	58			$	6,260			$	48
Interest cost	2,816				104				3,026				126
Expected return on plan assets	(3,055		)		—				(2,354		)		—
Amortization of prior service credit	(45		)		—				(46		)		—
Amortization of actuarial loss	1,659				147				1,352				60
Settlement cost	—				—				439				—
Net periodic benefit cost	$	7,799			$	309			$	8,677			$	234

 

	Nine Months Ended								Nine Months Ended
	September 30, 2018								September 30, 2019
	Pension Benefits				Other  Postretirement Benefits				Pension Benefits				Other  Postretirement Benefits
Components of net periodic benefit costs:
Service cost	$	28,393			$	174			$	19,145			$	145
Interest cost	12,054				312				9,136				380
Expected return on plan assets	(9,057		)		—				(7,045		)		—
Amortization of prior service credit	(136		)		—				(136		)		—
Amortization of actuarial loss	8,182				441				4,137				248
Settlement cost	—				—				2,499				—
Net periodic benefit cost	$	39,436			$	927			$	27,736			$	773

The service component of our net periodic benefit costs is presented in operating expense and G&A expense, and the non-service components are presented in other (income) expense in our consolidated statements of income.

Schedule of Amounts Recognized in Other Comprehensive Loss

The changes in accumulated other comprehensive loss (“AOCL”) related to employee benefit plan assets and benefit obligations for the three and nine months ended September 30, 2018 and 2019 were as follows (in thousands):

		Three Months Ended								Three Months Ended
		September 30, 2018								September 30, 2019
Gains (Losses) Included in AOCL		Pension Benefits				Other Postretirement Benefits				Pension Benefits				Other Postretirement Benefits
Beginning balance		$	(96,352	)		$	(6,036	)		$	(93,876	)		$	(6,105	)
Amortization of prior service credit		(45		)		—				(46		)		—
Amortization of actuarial loss		1,659				147				1,352				60
Settlement cost		—				—				439				—
Ending balance		$	(94,738	)		$	(5,889	)		$	(92,131	)		$	(6,045	)

		Nine Months Ended								Nine Months Ended
		September 30, 2018								September 30, 2019
Gains (Losses) Included in AOCL		Pension Benefits				Other Postretirement Benefits				Pension Benefits				Other Postretirement Benefits
Beginning balance		$	(97,226	)		$	(6,597	)		$	(88,602	)		$	(5,409	)
Net actuarial gain (loss)		(5,558		)		267				(10,029		)		(884		)
Amortization of prior service credit		(136		)		—				(136		)		—
Amortization of actuarial loss		8,182				441				4,137				248
Settlement cost		—				—				2,499				—
Ending balance		$	(94,738	)		$	(5,889	)		$	(92,131	)		$	(6,045	)

X

- References

No definition available.

+ Details

Name:	us-gaap_CompensationAndRetirementDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the net gain (loss) and net prior service cost or credit recognized in other comprehensive income (loss) for the period for pension plans and/or other employee benefit plans, and reclassification adjustments of other comprehensive income (loss) for the period, as those amounts, including amortization of the net transition asset or obligation, are recognized as components of net periodic benefit cost.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (i)
-URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfAmountsRecognizedInOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (h)
-URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfNetBenefitCostsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration