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BENEFIT PLANS
3 Months Ended
Mar. 31, 2013
BENEFIT PLANS

NOTE 10: BENEFIT PLANS

The following tables set forth the components of net periodic benefit cost:

 

PENSION BENEFITS    Three Months Ended
March 31
 
in thousands    2013     2012  

Components of Net Periodic Benefit Cost

    

Service cost

     $6,070        $5,587   

Interest cost

     10,346        10,798   

Expected return on plan assets

     (11,759     (12,195

Amortization of prior service cost

     95        69   

Amortization of actuarial loss

     6,420        4,882   

Net periodic pension benefit cost

     $11,172        $9,141   

Pretax reclassification from AOCI included in net periodic pension benefit cost

         $6,515            $4,951   

 

OTHER POSTRETIREMENT BENEFITS    Three Months Ended
March 31
 
in thousands    2013     2012  

Components of Net Periodic Benefit Cost

    

Service cost

       $708        $1,166   

Interest cost

     815        1,562   

Amortization of prior service credit

     (1,216     (169

Amortization of actuarial loss

              343        287   

Net periodic postretirement benefit cost

     $650            $2,846   

Pretax reclassification from AOCI included in net periodic postretirement benefit cost

     ($873     $118   

The reclassifications from AOCI noted in the tables above are related to amortization of prior service costs or credits and actuarial losses as shown in Note 11.

Prior contributions, along with the existing funding credits, are sufficient to cover required contributions to the qualified plans through 2013.