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Employee Benefit Plans
6 Months Ended
Jun. 30, 2020
Employee Benefit Plans  
Employee Benefit Plans

17. Employee Benefit Plans

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

Three Months Ended June 30, 

Six Months Ended June 30, 

    

2020

    

2019

    

2020

    

2019

(In thousands)

Interest cost(1)

$

1,483

$

2,259

$

3,087

$

4,517

Expected return on plan assets(1)

 

(2,023)

 

(2,724)

 

(4,311)

 

(5,447)

Pension settlement(1)

(134)

(429)

(130)

(429)

Amortization of prior service costs (credits) (1)

 

(27)

 

 

(54)

 

Net benefit credit

$

(701)

$

(894)

$

(1,408)

$

(1,359)

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

Three Months Ended June 30, 

Six Months Ended June 30, 

    

2020

    

2019

    

2020

    

2019

(In thousands)

Service cost

$

106

$

120

$

212

$

240

Interest cost(1)

 

653

 

877

 

1,306

 

1,753

Amortization of other actuarial losses (gains)(1)

 

(529)

 

 

(1,059)

 

Net benefit cost (credit)

$

230

$

997

$

459

$

1,993

(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 Statement of Operations on the line item “Non-service related pension and postretirement benefit costs.”
(1)