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Pension Plans and Other Postretirement Benefit Plans (Tables)
9 Months Ended
Sep. 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 three and nine months ended September 30 (dollars in thousands):

 

 

Pension Benefits

 

 

Other Postretirement Benefits

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Three months ended September 30:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

5,549

 

 

$

4,948

 

 

$

982

 

 

$

754

 

Interest cost

 

 

6,968

 

 

 

7,134

 

 

 

1,524

 

 

 

1,140

 

Expected return on plan assets

 

 

(8,625

)

 

 

(7,913

)

 

 

(590

)

 

 

(616

)

Amortization of prior service cost

 

 

75

 

 

 

75

 

 

 

(275

)

 

 

(275

)

Net loss recognition

 

 

1,678

 

 

 

2,553

 

 

 

1,243

 

 

 

1,299

 

Net periodic benefit cost

 

$

5,645

 

 

$

6,797

 

 

$

2,884

 

 

$

2,302

 

Nine months ended September 30:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

16,645

 

 

$

14,770

 

 

$

2,941

 

 

$

2,279

 

Interest cost

 

 

20,906

 

 

 

21,372

 

 

 

4,563

 

 

 

3,676

 

Expected return on plan assets

 

 

(26,375

)

 

 

(23,681

)

 

 

(1,810

)

 

 

(1,945

)

Amortization of prior service cost

 

 

225

 

 

 

225

 

 

 

(825

)

 

 

(825

)

Net loss recognition

 

 

5,011

 

 

 

7,394

 

 

 

3,729

 

 

 

3,874

 

Net periodic benefit cost

 

$

16,412

 

 

$

20,080

 

 

$

8,598

 

 

$

7,059