Pension and Postretirement Benefits other than Pensions

6 Months Ended

Jun. 30, 2019

Retirement Benefits [Abstract]

Pension and Postretirement Benefits other than Pensions

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 June 30,
	2019						2018
	U.S.			Non-U.S.			U.S.			Non-U.S.
Service cost	$	189		$	943		$	213		$	1,065
Interest cost	2,952			1,063			2,706			1,050
Expected return on plan assets	(4,155		)	(591		)	(4,354		)	(633		)
Amortization of prior service cost and actuarial loss	781			593			601			668
Net periodic benefit (income) cost	$	(233	)	$	2,008		$	(834	)	$	2,150

	Pension Benefits
	Six Months Ended June 30,
	2019						2018
	U.S.			Non-U.S.			U.S.			Non-U.S.
Service cost	$	378		$	2,054		$	426		$	2,161
Interest cost	5,904			2,123			5,412			2,120
Expected return on plan assets	(8,310		)	(1,186		)	(8,708		)	(1,265		)
Amortization of prior service cost and actuarial loss	1,562			1,209			1,202			1,356
Net periodic benefit (income) cost	$	(466	)	$	4,200		$	(1,668	)	$	4,372

	Other Postretirement Benefits
	Three Months Ended June 30,
	2019					2018
	U.S.			Non-U.S.		U.S.			Non-U.S.
Service cost	$	25		$	91	$	77		$	124
Interest cost	202			179		300			198
Amortization of prior service credit and actuarial gain	(566		)	93		(418		)	77
Other	—			—		1			—
Net periodic benefit (income) cost	$	(339	)	$	363	$	(40	)	$	399

	Other Postretirement Benefits
	Six Months Ended June 30,
	2019					2018
	U.S.			Non-U.S.		U.S.			Non-U.S.
Service cost	$	66		$	208	$	154		$	250
Interest cost	461			382		600			396
Amortization of prior service credit and actuarial gain	(1,308		)	131		(836		)	154
Other	—			—		2			—
Net periodic benefit (income) cost	$	(781	)	$	721	$	(80	)	$	800

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.