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Employee Benefit Plans
3 Months Ended
Mar. 31, 2012
Employee Benefit Plans  
Employee Benefit Plans

8.  Employee Benefit Plans

 

 

 

Three Months Ended March 31

 

Defined Benefit Net Periodic Pension Cost

 

U. S. Plans

 

International Plans

 

(In thousands)

 

2012

 

2011

 

2012

 

2011

 

Defined benefit plans:

 

 

 

 

 

 

 

 

 

Service cost

 

$

472

 

$

392

 

$

1,064

 

$

1,094

 

Interest cost

 

3,209

 

3,389

 

11,378

 

11,983

 

Expected return on plan assets

 

(3,907

)

(4,147

)

(11,044

)

(12,533

)

Recognized prior service costs

 

47

 

62

 

99

 

104

 

Recognized losses

 

1,158

 

750

 

3,731

 

2,778

 

Amortization of transition liability

 

 

 

9

 

14

 

Settlement/curtailment loss (gain)

 

 

 

(1,696

)

30

 

Defined benefit plans net periodic pension cost

 

$

979

 

$

446

 

$

3,541

 

$

3,470

 

 

Company Contributions

 

Three Months Ended
March 31

 

(In thousands)

 

2012

 

2011

 

Defined benefit pension plans:

 

 

 

 

 

United States

 

$

589

 

$

448

 

International

 

18,612

 

16,854

 

Multiemployer pension plans

 

3,295

 

3,819

 

Defined contribution pension plans

 

4,949

 

4,708

 

 

The Company currently anticipates contributing an additional $8.7 million and $11.6 million for the U.S. and international defined benefit pension plans, respectively, during the remainder of 2012.