Pension and Postretirement Benefits Other Than Pensions

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 September 30,
	2018						2017
	U.S.			Non-U.S.			U.S.			Non-U.S.
Service cost	$	213		$	1,039		$	204		$	1,018
Interest cost	2,706			1,031			2,925			1,140
Expected return on plan assets	(4,355		)	(625		)	(4,003		)	(694		)
Amortization of prior service cost and actuarial loss	601			652			468			760
Settlement	—			—			—			5,717
Net periodic benefit (income) cost	$	(835	)	$	2,097		$	(406	)	$	7,941

	Pension Benefits
	Nine Months Ended September 30,
	2018						2017
	U.S.			Non-U.S.			U.S.			Non-U.S.
Service cost	$	639		$	3,200		$	612		$	2,926
Interest cost	8,118			3,151			8,775			3,268
Expected return on plan assets	(13,063		)	(1,890		)	(12,009		)	(2,001		)
Amortization of prior service cost and actuarial loss	1,803			2,008			1,404			2,171
Settlement	—			—			—			5,717
Net periodic benefit (income) cost	$	(2,503	)	$	6,469		$	(1,218	)	$	12,081



	Other Postretirement Benefits
	Three Months Ended September 30,
	2018					2017
	U.S.			Non-U.S.		U.S.			Non-U.S.
Service cost	$	77		$	123	$	79		$	110
Interest cost	299			195		324			179
Amortization of prior service credit and actuarial gain	(418		)	77		(479		)	(4		)
Other	2			—		1			—
Net periodic benefit (income) cost	$	(40	)	$	395	$	(75	)	$	285

	Other Postretirement Benefits
	Nine Months Ended September 30,
	2018					2017
	U.S.			Non-U.S.		U.S.			Non-U.S.
Service cost	$	231		$	373	$	237		$	316
Interest cost	899			591		972			516
Amortization of prior service credit and actuarial gain	(1,254		)	231		(1,437		)	(12		)
Other	4			—		3			—
Net periodic benefit (income) cost	$	(120	)	$	1,195	$	(225	)	$	820

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.

Contributions

The Company made a discretionary contribution of $15,000 to its U.S. pension plan in the three months ended September 30, 2018.