XML 45 R34.htm IDEA: XBRL DOCUMENT v3.21.1
Retirement Plans (Tables)
3 Months Ended
Mar. 31, 2021
Pension Plans  
Defined Benefit Plan Disclosure [Line Items]  
Net Pension Expense or Postretirement Expense

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

 

 

 

Three months ended

 

 

 

March 31,

 

 

March 31,

 

 

 

2021

 

 

2020

 

Net pension expense

 

$

1,957

 

 

$

664

 

 

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

 

 

 

March 31,

 

 

March 31,

 

 

March 31,

 

 

March 31,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Service cost

 

$

 

 

$

 

 

$

6

 

 

$

7

 

Interest cost

 

 

1,253

 

 

 

1,443

 

 

 

4

 

 

 

7

 

Expected return on plan assets(1)

 

 

(1,113

)

 

 

(2,454

)

 

 

(3

)

 

 

(4

)

Amortization of loss

 

 

1,767

 

 

 

1,622

 

 

 

43

 

 

 

43

 

Total expense, net

 

$

1,907

 

 

$

611

 

 

$

50

 

 

$

53

 

 

(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 Expense or Postretirement Expense

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

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

March 31,

 

 

 

2021

 

 

2020

 

Service cost

 

$

 

 

$

 

Interest cost

 

 

23

 

 

 

30

 

Amortization of gain

 

 

 

 

 

(21

)

Total expense, net

 

$

23

 

 

$

9