Employee Benefit Plans

3 Months Ended

Mar. 31, 2020

Employee Benefit Plans

Employee Benefit Plans

16. Employee Benefit Plans

The following table details the components of pension benefit costs (credits):

	Three Months Ended March 31,
	2020		2019
Interest cost(1)	$	1,604	$	2,258
Expected return on plan assets(1)		(2,288)		(2,723)
Pension settlement(1)		4		—
Amortization of prior service costs (credits) (1)		(28)		—
Net benefit credit	$	(708)	$	(465)

The following table details the components of other postretirement benefit costs:

	Three Months Ended March 31,
	2020		2019
Service cost	$	106	$	120
Interest cost(1)		653		876
Amortization of other actuarial losses (gains)(1)		(530)		—
Net benefit cost (credit)	$	229	$	996

(1) In accordance with the adoption of ASU 2017-07, “Compensation-Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost,” these costs are recorded within Nonoperating expenses in the Condensed Consolidated Income Statements on the line item “Non-service related pension and postretirement benefit costs.”