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Employee Benefit Plans (Tables)
6 Months Ended
Jun. 30, 2023
Employee Benefit Plans  
Schedule of Pension Benefit Costs (Credits)

The following table details the components of pension benefit credit:

Three Months Ended June 30, 

Six Months Ended June 30, 

    

2023

    

2022

    

2023

    

2022

(In thousands)

Interest cost(1)

$

1,533

$

1,094

$

3,067

$

2,187

Expected return on plan assets(1)

 

(1,518)

(1,433)

(3,036)

(2,865)

Pension settlement(1)

 

(414)

 

 

(414)

Amortization of prior service credits (1)

 

(36)

 

(177)

 

(73)

 

(73)

Amortization of other actuarial losses (gains) (1)

 

(195)

 

 

(390)

 

Net benefit credit

$

(216)

$

(930)

$

(432)

$

(1,165)

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

Three Months Ended June 30, 

Six Months Ended June 30, 

    

2023

    

2022

    

2023

    

2022

(In thousands)

Service cost

$

57

$

70

$

115

$

141

Interest cost(1)

 

673

 

502

 

1,347

 

1,003

Amortization of other actuarial gains (1)

 

(2,423)

 

(627)

 

(4,845)

 

(1,254)

Net benefit credit

$

(1,693)

$

(55)

$

(3,383)

$

(110)

(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.”