Retirement Plans

6 Months Ended

Jun. 30, 2023

Retirement Benefits [Abstract]

Retirement Plans

NOTE 7 – Retirement Plans

Pension Plans

Net pension expense for our domestic and foreign plans included in other expense, net in the Condensed Consolidated Statements of Earnings is as follows:

	Three months ended				Six months ended
	June 30,		June 30,		June 30,		June 30,
	2023		2022		2023		2022
Net pension expense	$	66	$	65	$	133	$	130

The components of net pension expense for our domestic and foreign plans include the following:

	Domestic Pension Plans				Foreign Pension Plans
	Three Months Ended				Three Months Ended
	June 30,		June 30,		June 30,			June 30,
	2023		2022		2023			2022
Service cost	$	—	$	—	$	5		$	6
Interest cost		10		5		9			4
Expected return on plan assets(1)		—		—		(6	)		(3	)
Amortization of loss		5		8		43			45
Total expense, net	$	15	$	13	$	51		$	52

(1)Expected return on plan assets is net of expected investment expenses and certain administrative expenses.

	Domestic Pension Plans				Foreign Pension Plans
	Six Months Ended				Six Months Ended
	June 30,		June 30,		June 30,			June 30,
	2023		2022		2023			2022
Service cost	$	—	$	—	$	11		$	12
Interest cost		19		10		19			8
Expected return on plan assets(1)		—		—		(13	)		(6	)
Amortization of loss		11		16		86			90
Total expense, net	$	30	$	26	$	103		$	104

(1)Expected return on plan assets is net of expected investment expenses and certain administrative expenses.

Other Post-retirement Benefit Plan

Net post-retirement expense for our other post-retirement plan includes the following components:

	Three Months Ended					Six Months Ended
	June 30,			June 30,		June 30,			June 30,
	2023			2022		2023			2022
Service cost	$	—		$	—	$	—		$	—
Interest cost		48			26		96			52
Amortization of gain		(84	)		—		(168	)		—
Total (income) expense, net	$	(36	)	$	26	$	(72	)	$	52