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Note 6. Employee Benefit Plans
6 Months Ended
Jun. 30, 2015
Defined Benefit Pension Plans [Abstract]  
Pension and Other Postretirement Benefits Disclosure [Text Block]
Employee Benefit Plans
In the periods presented, certain employees of Con-way and its subsidiaries in the U.S. were covered under several retirement benefit plans, including defined benefit pension plans, defined contribution retirement plans and a postretirement medical plan. See Note 9, "Employee Benefit Plans," of Item 8, "Financial Statements and Supplementary Data," in Con-way’s 2014 Annual Report on Form 10-K for additional information concerning its employee benefit plans.
Defined Benefit Pension Plans
As a result of plan amendments in previous years, no additional benefits accrue under these plans and already-accrued benefits will not be adjusted for future increases in compensation. The following table summarizes the components of net periodic benefit expense (income) for Con-way’s domestic defined benefit pension plans:
 
Qualified Pension Plans
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
(Dollars in thousands)
2015
 
2014
 
2015
 
2014
Interest cost on benefit obligation
$
18,211

 
$
18,767

 
$
36,392

 
$
37,638

Expected return on plan assets
(21,727
)
 
(23,309
)
 
(43,467
)
 
(46,636
)
Amortization of actuarial loss
3,241

 
2,375

 
6,364

 
4,850

Amortization of prior-service costs
404

 
405

 
809

 
809

Settlement loss (gain)
(22
)
 

 
38

 

Net periodic benefit expense (income)
$
107

 
$
(1,762
)
 
$
136

 
$
(3,339
)

 
Non-Qualified Pension Plan
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
(Dollars in thousands)
2015
 
2014
 
2015
 
2014
Interest cost on benefit obligation
$
797

 
$
864

 
$
1,593

 
$
1,726

Amortization of actuarial loss
305

 
219

 
601

 
438

Amortization of prior-service costs
1

 
1

 
2

 
2

Net periodic benefit expense
$
1,103

 
$
1,084

 
$
2,196

 
$
2,166


Con-way expects to make contributions of approximately $30 million to its qualified pension plans in 2015, including $15.7 million contributed through June 2015.
Defined Contribution Retirement Plans
Con-way’s cost for defined contribution retirement plans was $14.6 million and $29.0 million in the second quarter and first half of 2015 compared to $14.1 million and $27.7 million in the same periods of 2014.
Postretirement Medical Plan
The following table summarizes the components of net periodic benefit expense (income) for the postretirement medical plan:
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
(Dollars in thousands)
2015
 
2014
 
2015
 
2014
Service cost
$
171

 
$
271

 
$
464

 
$
542

Interest cost on benefit obligation
625

 
671

 
1,270

 
1,343

Amortization of actuarial gain
(176
)
 
(656
)
 
(241
)
 
(1,313
)
Amortization of prior-service credit
(613
)
 
(716
)
 
(1,227
)
 
(1,432
)
Net periodic benefit expense (income)
$
7

 
$
(430
)
 
$
266

 
$
(860
)