Employee Benefit Plans

9 Months Ended

Sep. 30, 2014

Compensation and Retirement Disclosure [Abstract]

Employee Benefit Plans

Note F – Employee Benefit Plans

Net periodic benefit (income) cost for the pension plans included the following components for the three months ended September 30:

	Pension Benefits
	2014			2013
	(in thousands)
Service cost	$	1,910		$	4,798
Interest cost		25,760			22,219
Expected return on plan assets		(36,208	)		(33,414	)
Amortization of prior service credit		(468	)		(1,884	)
Amortization of actuarial loss		6,745			20,535
Net periodic benefit (income) cost	$	(2,261	)	$	12,254

Net periodic benefit (income) cost for the pension plans included the following components for the nine months ended September 30:

	Pension Benefits
	2014			2013
	(in thousands)
Service cost	$	5,746		$	14,735
Interest cost		76,792			67,017
Expected return on plan assets		(108,639	)		(100,427	)
Amortization of prior service credit		(1,400	)		(5,670	)
Amortization of actuarial loss		19,953			62,744
Net periodic benefit (income) cost	$	(7,548	)	$	38,399

Pension benefits also include amounts related to a supplemental retirement plan. During the nine months ended September 30, 2014, the Company made a $38.7 million contribution to the pension plan.