Retirement Plans and Postretirement Benefits

9 Months Ended

Sep. 30, 2011

Retirement Plans and Postretirement Benefits [Abstract]

RETIREMENT PLANS AND POSTRETIREMENT BENEFITS

(7) RETIREMENT PLANS AND POSTRETIREMENT BENEFITS

Pension and other postretirement benefit costs related to both continuing and discontinued operations for the three and nine month periods ended September 30, 2011 and 2010 were as follows:

(In thousands)	Three Months Ended September 30												Nine Months Ended September 30
	Pension						Other Postretirement Benefits						Pension						Other Postretirement Benefits
	2011			2010			2011			2010			2011			2010			2011			2010
Components of net periodic benefit cost:
Service cost	$	23,226		$	23,362		$	3,357		$	3,485		$	70,998		$	70,001		$	10,072		$	10,455
Interest cost		28,357			27,420			7,383			7,498			87,958			82,123			22,149			22,495
Expected return on plan assets		(38,594	)		(37,318	)		(5,141	)		(4,545	)		(119,134	)		(111,696	)		(15,423	)		(13,636	)
Amortization of actuarial loss		9,716			6,501			104			10			29,768			19,469			312			30
Amortization of prior service cost		195			184			1,612			1,611			600			551			4,836			4,834
Amortization of net transition amount		—			8			—			—			—			23			—			—
Net periodic benefit cost	$	22,900		$	20,157		$	7,315		$	8,059		$	70,190		$	60,471		$	21,946		$	24,178
Amounts were included in the statement of income as follows:
Income from continuing operations	$	22,040		$	19,356		$	7,229		$	7,959		$	67,564		$	58,063		$	21,688		$	23,878
Income from discontinued operations		860			801			86			100			2,626			2,408			258			300
Total	$	22,900		$	20,157		$	7,315		$	8,059		$	70,190		$	60,471		$	21,946		$	24,178

The Company expects to contribute approximately $129,100,000 to its pension plans and $39,500,000 to its other postretirement plans in 2011. As of September 30, 2011, contributions of $122,400,000 to pension plans and $24,300,000 to other postretirement plans have been made.