Employee Benefit Plans

9 Months Ended

Sep. 30, 2015

Compensation and Retirement Disclosure [Abstract]

Employee Benefit Plans

Note G – Employee Benefit Plans

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

	Pension Benefits
	2015			2014
	(in thousands)
Service cost	$	2,293		$	1,910
Interest cost		24,503			25,760
Expected return on plan assets		(37,487	)		(36,208	)
Amortization of prior service credit		(141	)		(468	)
Amortization of actuarial loss		9,528			6,745
Net periodic benefit income	$	(1,304	)	$	(2,261	)

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

	Pension Benefits
	2015			2014
	(in thousands)
Service cost	$	7,083		$	5,746
Interest cost		73,746			76,792
Expected return on plan assets		(112,809	)		(108,639	)
Amortization of prior service credit		(423	)		(1,400	)
Amortization of actuarial loss		28,769			19,953
Net periodic benefit income	$	(3,634	)	$	(7,548	)

Pension benefits also include amounts related to a supplemental retirement plan. During the nine months ended September 30, 2015, the Company made a $38.7 million contribution to the pension plan.