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Retirement Plans (Tables)
9 Months Ended
Sep. 30, 2023
Pension Plans  
Defined Benefit Plan Disclosure [Line Items]  
Net Pension (Income) Expense or Postretirement Expense

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

 

 

Nine months ended

 

 

 

September 30,

 

 

September 30,

 

 

September 30,

 

 

September 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Net pension expense

 

$

79

 

 

$

(2,076

)

 

$

212

 

 

$

(1,944

)

 

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

 

 

 

September 30,

 

 

September 30,

 

 

September 30,

 

 

September 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Service cost

 

$

 

 

$

 

 

$

6

 

 

$

6

 

Interest cost

 

 

10

 

 

 

5

 

 

 

10

 

 

 

4

 

Expected return on plan assets(1)

 

 

12

 

 

 

(2,139

)

 

 

(7

)

 

 

(3

)

Amortization of loss

 

 

5

 

 

 

8

 

 

 

43

 

 

 

43

 

Total expense (income), net

 

$

27

 

 

$

(2,126

)

 

$

52

 

 

$

50

 

 

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

 

 

 

Domestic Pension Plans

 

 

Foreign Pension Plans

 

 

 

Nine Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

September 30,

 

 

September 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Service cost

 

$

 

 

$

 

 

$

17

 

 

$

18

 

Interest cost

 

 

29

 

 

 

15

 

 

 

29

 

 

 

12

 

Expected return on plan assets(1)

 

 

12

 

 

 

(2,139

)

 

 

(20

)

 

 

(9

)

Amortization of loss

 

 

16

 

 

 

24

 

 

 

129

 

 

 

135

 

Total expense (income), net

 

$

57

 

 

$

(2,100

)

 

$

155

 

 

$

156

 

 

(1)
Expected return on plan assets is net of expected investment expenses and certain administrative expenses.
Other Postretirement Benefits Plan  
Defined Benefit Plan Disclosure [Line Items]  
Net Pension (Income) Expense or Postretirement Expense

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

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

September 30,

 

 

September 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Service cost

 

$

 

 

$

 

 

$

 

 

$

 

Interest cost

 

 

48

 

 

 

26

 

 

 

144

 

 

 

78

 

Amortization of gain

 

 

(85

)

 

 

 

 

 

(253

)

 

 

 

Total (income) expense, net

 

$

(37

)

 

$

26

 

 

$

(109

)

 

$

78