XML 38 R13.htm IDEA: XBRL DOCUMENT v3.19.3
Employee Benefit Plans
 9 Months Ended
Sep. 30, 2019
Retirement Benefits [Abstract]  
Employee Benefit Plans Employee Benefit Plans
Net periodic benefit income from the Company's pension plans included the following components for the three months ended September 30:
 
 
Pension Benefits
 
 
2019
 
2018
Service cost
 
$
2,395

 
$
2,584

Interest cost
 
24,362

 
22,044

Expected return on plan assets
 
(38,551
)
 
(38,470
)
Amortization of prior service credit
 
(17
)
 
(37
)
Amortization of actuarial loss
 
7,752

 
9,920

Net periodic benefit income
 
$
(4,059
)
 
$
(3,959
)

Net periodic benefit income from the Company's pension plans included the following components for the nine months ended September 30:
 
 
Pension Benefits
 
 
2019
 
2018
Service cost
 
$
7,164

 
$
7,850

Interest cost
 
73,045

 
66,228

Expected return on plan assets
 
(115,585
)
 
(115,574
)
Amortization of prior service credit
 
(51
)
 
(111
)
Amortization of actuarial loss
 
23,247

 
29,814

Net periodic benefit income
 
$
(12,180
)
 
$
(11,793
)

Service cost is recorded in selling, administrative and other expenses in the condensed consolidated statements of income and comprehensive income while all other components are recorded within other non-operating (income) expenses. Pension benefits also include amounts related to supplemental retirement plans.