XML 40 R30.htm IDEA: XBRL DOCUMENT v3.19.2
Net Periodic Benefit Cost (Tables)
6 Months Ended
Jun. 30, 2019
Retirement Benefits [Abstract]  
Schedule of Net Benefit Costs [Table Text Block]
Net periodic pension cost for the Company’s defined benefit pension plans and U.S. post-retirement medical plan includes the following components for the three months ended June 30:
 
U.S. Pension Benefits
 
Non-U.S. Pension Benefits
 
Other U.S. Post-retirement Benefits
 
Total
 
2019
 
2018
 
2019
 
2018
 
2019
 
2018
 
2019
 
2018
Service cost, net
$
266

 
$
272

 
$
3,799

 
$
3,744

 
$

 
$

 
4,065

 
4,016

Interest cost on projected benefit obligations
1,146

 
1,061

 
2,520

 
2,131

 
16

 
16

 
3,682

 
3,208

Expected return on plan assets
(1,472
)
 
(1,732
)
 
(7,218
)
 
(7,688
)
 

 

 
(8,705
)
 
(9,420
)
Recognition of prior service cost

 

 
(1,637
)
 
(1,727
)
 

 
(93
)
 
(1,622
)
 
(1,820
)
Recognition of actuarial losses/(gains)
593

 
1,451

 
5,062

 
5,369

 
(173
)
 
(313
)
 
5,482

 
6,507

Net periodic pension cost/(credit)
$
533

 
$
1,052

 
$
2,526

 
$
1,829

 
$
(157
)
 
$
(390
)
 
$
2,902

 
$
2,491



Net periodic pension cost for the Company’s defined benefit pension plans and U.S. post-retirement medical plan includes the following components for the six months ended June 30:
 
U.S. Pension Benefits
 
Non-U.S. Pension Benefits
 
Other U.S. Post-retirement Benefits
 
Total
 
2019
 
2018
 
2019
 
2018
 
2019
 
2018
 
2019
 
2018
Service cost, net
$
532

 
$
544

 
$
7,500

 
$
7,664

 
$

 
$

 
8,032

 
8,208

Interest cost on projected benefit obligations
2,292

 
2,122

 
5,063

 
4,354

 
32

 
32

 
7,387

 
6,508

Expected return on plan assets
(2,944
)
 
(3,464
)
 
(14,519
)
 
(15,675
)
 

 

 
(17,463
)
 
(19,139
)
Recognition of prior service cost

 

 
(3,339
)
 
(3,521
)
 

 
(186
)
 
(3,339
)
 
(3,707
)
Recognition of actuarial losses/(gains)
1,187

 
2,902

 
10,247

 
10,929

 
(346
)
 
(626
)
 
11,088

 
13,205

Net periodic pension cost/(credit)
$
1,067

 
$
2,104

 
$
4,952

 
$
3,751

 
$
(314
)
 
$
(780
)
 
$
5,705

 
$
5,075