Pension and Postretirement Benefits Other Than Pensions

The Company adopted ASU 2017-07 during the first quarter of 2018. As a result, the service cost component of net periodic benefit (income) cost is included in cost of products sold and selling, administrative and engineering expenses in the condensed consolidated statements of net income. All other components of net periodic benefit (income) cost are included in other expense, net in the condensed consolidated statements of net income for all periods presented.

The components of net periodic benefit (income) cost for the Company’s defined benefit plans and other postretirement benefit plans were as follows:



	Pension Benefits
	Three Months Ended June 30,
	2018						2017
	U.S.			Non-U.S.			U.S.			Non-U.S.
Service cost	$	213		$	1,065		$	204		$	969
Interest cost	2,706			1,050			2,925			1,072
Expected return on plan assets	(4,354		)	(633		)	(4,003		)	(650		)
Amortization of prior service cost and actuarial loss	601			668			468			715
Net periodic benefit (income) cost	$	(834	)	$	2,150		$	(406	)	$	2,106

	Pension Benefits
	Six Months Ended June 30,
	2018						2017
	U.S.			Non-U.S.			U.S.			Non-U.S.
Service cost	$	426		$	2,161		$	408		$	1,908
Interest cost	5,412			2,120			5,850			2,128
Expected return on plan assets	(8,708		)	(1,265		)	(8,006		)	(1,307		)
Amortization of prior service cost and actuarial loss	1,202			1,356			936			1,411
Net periodic benefit (income) cost	$	(1,668	)	$	4,372		$	(812	)	$	4,140



	Other Postretirement Benefits
	Three Months Ended June 30,
	2018					2017
	U.S.			Non-U.S.		U.S.			Non-U.S.
Service cost	$	77		$	124	$	79		$	102
Interest cost	300			198		324			167
Amortization of prior service credit and actuarial gain	(418		)	77		(479		)	(4		)
Other	1			—		1			—
Net periodic benefit (income) cost	$	(40	)	$	399	$	(75	)	$	265

	Other Postretirement Benefits
	Six Months Ended June 30,
	2018					2017
	U.S.			Non-U.S.		U.S.			Non-U.S.
Service cost	$	154		$	250	$	158		$	206
Interest cost	600			396		648			337
Amortization of prior service credit and actuarial gain	(836		)	154		(958		)	(8		)
Other	2			—		2			—
Net periodic benefit (income) cost	$	(80	)	$	800	$	(150	)	$	535