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Employee Benefits (Tables)
9 Months Ended
Sep. 30, 2017
Retirement Benefits [Abstract]  
Pension and Other Defined Contribution Retirement Plan Expenses
Pension and other defined contribution retirement plan expenses included the following components:
U.S. Plans
Three Months Ended September 30,
 
Nine Months Ended September 30,
(DOLLARS IN THOUSANDS)
2017
 
2016
 
2017
 
2016
Service cost for benefits earned
$
698

 
$
771

 
$
2,093

 
$
2,314

Interest cost on projected benefit obligation
4,561

 
6,007

 
13,683

 
18,020

Expected return on plan assets
(9,246
)
 
(8,069
)
 
(27,737
)
 
(24,208
)
Net amortization and deferrals
1,793

 
1,387

 
5,377

 
4,159

Net periodic benefit (income) cost
(2,194
)
 
96

 
(6,584
)
 
285

Defined contribution and other retirement plans
1,939

 
1,211

 
6,718

 
5,823

Total (income) expense
$
(255
)
 
$
1,307

 
$
134

 
$
6,108

 
 
 
 
 
 
 
 
Non-U.S. Plans
Three Months Ended September 30,
 
Nine Months Ended September 30,
(DOLLARS IN THOUSANDS)
2017
 
2016
 
2017
 
2016
Service cost for benefits earned
$
5,956

 
$
3,863

 
$
17,867

 
$
11,443

Interest cost on projected benefit obligation
4,066

 
6,372

 
12,198

 
18,890

Expected return on plan assets
(12,873
)
 
(11,985
)
 
(38,618
)
 
(35,526
)
Net amortization and deferrals
4,185

 
3,286

 
12,554

 
9,738

Net periodic benefit cost
1,334

 
1,536

 
4,001

 
4,545

Defined contribution and other retirement plans
1,470

 
1,705

 
4,383

 
5,175

Total expense
$
2,804

 
$
3,241

 
$
8,384

 
$
9,720

Postretirement Benefits Other Than Pension Expenses
Expense recognized for postretirement benefits other than pensions included the following components: 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(DOLLARS IN THOUSANDS)
2017
 
2016
 
2017
 
2016
Service cost for benefits earned
$
221

 
$
214

 
$
663

 
$
644

Interest cost on projected benefit obligation
588

 
787

 
1,764

 
2,360

Net amortization and deferrals
(1,046
)
 
(1,355
)
 
(3,138
)
 
(4,065
)
Total postretirement benefit income
$
(237
)
 
$
(354
)
 
$
(711
)
 
$
(1,061
)