Employee Benefits:

Pension and other defined contribution retirement plan expenses included the following components:



U.S. Plans	Three Months Ended June 30,						Six Months Ended June 30,
(DOLLARS IN THOUSANDS)	2017			2016			2017			2016
Service cost for benefits earned	$	698		$	772		$	1,395		$	1,543
Interest cost on projected benefit obligation	4,561			6,006			9,122			12,013
Expected return on plan assets	(9,246		)	(8,070		)	(18,492		)	(16,139		)
Net amortization and deferrals	1,793			1,385			3,585			2,772
Net periodic benefit cost	(2,194		)	93			(4,390		)	189
Defined contribution and other retirement plans	2,524			2,211			4,779			4,612
Total expense	$	330		$	2,304		$	389		$	4,801

Non-U.S. Plans	Three Months Ended June 30,						Six Months Ended June 30,
(DOLLARS IN THOUSANDS)	2017			2016			2017			2016
Service cost for benefits earned	$	5,610		$	3,863		$	11,220		$	7,638
Interest cost on projected benefit obligation	3,911			6,372			7,822			12,737
Expected return on plan assets	(12,334		)	(11,985		)	(24,668		)	(23,934		)
Net amortization and deferrals	3,988			3,286			7,977			6,550
Net periodic benefit cost	1,175			1,536			2,351			2,991
Defined contribution and other retirement plans	1,616			1,763			2,913			3,470
Total expense	$	2,791		$	3,299		$	5,264		$	6,461

The Company expects to contribute a total of approximately $2 - $10 million to its U.S. pension plans during 2017. During the six months ended June 30, 2017, no contributions were made to the qualified U.S. pension plans, $29.3 million of contributions were made to the non-U.S. pension plans and $2.2 million of benefit payments were made with respect to the Company's non-qualified U.S. pension plan.

As of January 1, 2017, the Company changed its approach for calculating the discount rate which is applied to the Consolidated Balance Sheet and Consolidated Statement of Comprehensive Income from a single weighted-average discount rate approach to a multiple discount rate approach. The impact of this change for the full year 2017 is estimated to be a reduction of approximately $8 million in pension expense.

Expense recognized for postretirement benefits other than pensions included the following components:



	Three Months Ended June 30,						Six Months Ended June 30,
(DOLLARS IN THOUSANDS)	2017			2016			2017			2016
Service cost for benefits earned	$	221		$	214		$	442		$	429
Interest cost on projected benefit obligation	588			787			1,176			1,574
Net amortization and deferrals	(1,046		)	(1,355		)	(2,092		)	(2,710		)
Total postretirement benefit income	$	(237	)	$	(354	)	$	(474	)	$	(707	)

The Company expects to contribute approximately $5 million to its postretirement benefits other than pension plans during 2017. In the six months ended June 30, 2017, $2.2 million of contributions were made.