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Pension Plans and Other Postretirement Benefit Plans (Tables)
6 Months Ended
Jun. 30, 2020
General Discussion Of Pension And Other Postretirement Benefits [Abstract]  
Components of Net Periodic Benefit Costs The following table sets forth the components of net periodic benefit costs for the six months ended June 30 (dollars in thousands):

 

 

Pension Benefits

 

 

Other Postretirement Benefits

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Three months ended June 30:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

5,550

 

 

$

4,948

 

 

$

980

 

 

$

753

 

Interest cost

 

 

6,967

 

 

 

7,100

 

 

 

1,524

 

 

 

1,164

 

Expected return on plan assets

 

 

(8,625

)

 

 

(7,953

)

 

 

(590

)

 

 

(611

)

Amortization of prior service cost

 

 

75

 

 

 

75

 

 

 

(275

)

 

 

(275

)

Net loss recognition

 

 

1,679

 

 

 

2,426

 

 

 

1,243

 

 

 

1,329

 

Net periodic benefit cost

 

$

5,646

 

 

$

6,596

 

 

$

2,882

 

 

$

2,360

 

Six months ended June 30:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

11,096

 

 

$

9,822

 

 

$

1,959

 

 

$

1,525

 

Interest cost

 

 

13,938

 

 

 

14,238

 

 

 

3,039

 

 

 

2,536

 

Expected return on plan assets

 

 

(17,750

)

 

 

(15,768

)

 

 

(1,220

)

 

 

(1,329

)

Amortization of prior service cost

 

 

150

 

 

 

150

 

 

 

(550

)

 

 

(550

)

Net loss recognition

 

 

3,333

 

 

 

4,841

 

 

 

2,486

 

 

 

2,575

 

Net periodic benefit cost

 

$

10,767

 

 

$

13,283

 

 

$

5,714

 

 

$

4,757