PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS (Table)

12 Months Ended

Dec. 31, 2016



Asset Category	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Cash and cash equivalents	$	26,251	$	253	$	25,998	$	—
Equity securities- Mutual funds⁽¹⁾	435,931		395,549		40,382		—
Bond funds ⁽²⁾	219,417		162,470		56,947		—
Insurance Contracts ⁽³⁾	9,720		—		—		9,720
Other ⁽⁴⁾	755		—		—		755
December 31, 2015	$	692,074	$	558,272	$	123,327	$	10,475
Cash and cash equivalents	$	23,979	$	4,893	$	19,086	$	—
Equity securities- Mutual funds ⁽¹⁾	459,002		418,390		40,612		—
Bond funds ⁽²⁾	219,249		155,120		64,129		—
Insurance Contracts⁽³⁾	10,760		—		—		10,760
Other ⁽⁴⁾	1,618		—		—		1,618
December 31, 2016	$	714,608	$	578,403	$	123,827	$	12,378



	Pension Benefits									Postretirement Benefits
(In thousands)	2016			2015			2014			2016			2015			2014
Service cost	$	25,100		$	26,873		$	25,262		$	338		$	286		$	246
Interest cost	30,495			30,050			30,403			996			842			877
Expected return on plan assets	(54,101		)	(54,629		)	(41,746		)	—			—			—
Amortization of prior service cost	(46		)	618			662			(657		)	(657		)	(657		)
Recognized net actuarial loss/(gain)	12,029			16,890			6,827			(296		)	(551		)	(811		)
Cost of settlements/curtailments	—			7,461			377			—			—			—
Net periodic benefit cost (income)	$	13,477		$	27,263		$	21,785		$	381		$	(80	)	$	(345	)



	Pension Benefits						Postretirement Benefits
(In thousands)	2016			2015			2016			2015
Change in benefit obligation:
Beginning of year	$	774,710		$	797,360		$	21,980		$	23,250
Service cost	25,100			26,873			338			286
Interest cost	30,495			30,050			996			842
Plan participants’ contributions	1,897			1,825			266			345
Amendments	—			(2,951		)	—			—
Actuarial loss (gain)	19,640			(10,803		)	3,372			(1,133		)
Benefits paid	(41,115		)	(60,662		)	(2,516		)	(1,610		)
Actual expenses	(1,206		)	(1,787		)	—			—
Currency translation adjustments	(10,916		)	(5,195		)	—			—
End of year	$	798,605		$	774,710		$	24,436		$	21,980



Change in plan assets:
Beginning of year	$	692,074		$	595,829		$	—		$	—
Actual return on plan assets	65,872			(4,092		)	—			—
Employer contribution	8,210			165,575			2,250			1,265
Plan participants’ contributions	1,897			1,825			266			345
Benefits paid	(41,115		)	(60,662		)	(2,516		)	(1,610		)
Actual Expenses	(1,206		)	(1,787		)	—			—
Currency translation adjustments	(11,124		)	(4,614		)	—			—
End of year	$	714,608		$	692,074		$	—		$	—

Funded status	$	(83,997	)	$	(82,636	)	$	(24,436	)	$	(21,980	)



	Pension Benefits						Postretirement Benefits
(In thousands)	2016			2015			2016			2015
Amounts recognized on the balance sheet
Noncurrent assets	$	4,049		$	3,667		$	—		$	—
Current liabilities	(3,498		)	(2,998		)	(1,833		)	(1,562		)
Noncurrent liabilities	(84,548		)	(83,305		)	(22,603		)	(20,418		)
Total	$	(83,997	)	$	(82,636	)	$	(24,436	)	$	(21,980	)
Amounts recognized in accumulated other comprehensive income (AOCI)
Net actuarial loss (gain)	$	198,630		$	203,729		$	(5,178	)	$	(8,846	)
Prior service cost	(1,580		)	(1,635		)	(3,373		)	(4,030		)
Total	$	197,050		$	202,094		$	(8,551	)	$	(12,876	)
Amounts in AOCI expected to be recognized in net periodic cost in the coming year:
Loss (gain) recognition	$	11,793		$	12,373		$	(203	)	$	(571	)
Prior service cost recognition	$	(105	)	$	(50	)	$	(657	)	$	(657	)
Accumulated benefit obligation	$	767,461		$	736,688		N/A			N/A
Information for pension plans with an accumulated benefit obligation in excess of plan assets:
Projected benefit obligation	$	733,426		$	721,626		N/A			N/A
Accumulated benefit obligation	702,282			683,605			N/A			N/A
Fair value of plan assets	645,380			635,323			N/A			N/A



	Pension Benefits				Postretirement Benefits
	2016		2015		2016		2015
Weighted-average assumptions in determination of benefit obligation:
Discount rate	3.88	%	4.11	%	4.00	%	4.25	%
Rate of compensation increase	3.35	%	3.36	%	N/A		N/A
Health care cost trends:
Rate assumed for subsequent year	N/A		N/A		8.25	%	5.70	%
Ultimate rate reached in 2026	N/A		N/A		4.50	%	5.40	%
Weighted-average assumptions in determination of net periodic benefit cost:
Discount rate	4.12	%	3.88	%	4.25	%	3.75	%
Expected return on plan assets	7.81	%	7.93	%	N/A		N/A
Rate of compensation increase	3.35	%	3.37	%	N/A		N/A
Health care cost trends:
Rate assumed for subsequent year	N/A		N/A		8.75	%	5.50	%
Ultimate rate reached in 2026	N/A		N/A		4.50	%	4.59	%



(In thousands)	1% Increase		1% Decrease
Total service and interest cost components	$	30	$	(24	)
Postretirement benefit obligation	$	444	$	(371	)



(In thousands)	Insurance Contracts			Other			Total
December 31, 2014	$	8,169		$	771		$	8,940
Actual return on plan assets:
Relating to assets still held at the reporting date	127			37			164
Relating to assets sold during the period	—			2			2
Purchases, sales, and settlements	1,554			(49		)	1,505
Foreign currency translation adjustment	(130		)	(6		)	(136		)
December 31, 2015	$	9,720		$	755		$	10,475
Actual return on plan assets:
Relating to assets still held at the reporting date	148			35			183
Purchases, sales, and settlements	1,095			871			1,966
Foreign currency translation adjustment	(203		)	(43		)	(246		)
December 31, 2016	$	10,760		$	1,618		$	12,378