Employee Benefits (Tables)

9 Months Ended

Sep. 30, 2020

Retirement Benefits [Abstract]

Pension and Other Defined Contribution Retirement Plan Expenses

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

(DOLLARS IN THOUSANDS)	U.S. Plans
	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Service cost for benefits earned(1)	$	399	$	474	$	1,199	$	1,422
Interest cost on projected benefit obligation(2)	4,263		5,453		12,789		16,359
Expected return on plan assets(2)	(7,082)		(6,983)		(21,248)		(20,949)
Net amortization and deferrals(2)	1,857		1,276		5,573		3,827
Net periodic benefit (income) cost	$	(563)	$	220	$	(1,687)	$	659

(DOLLARS IN THOUSANDS)	Non-U.S. Plans
	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Service cost for benefits earned(1)	$	5,940	$	4,873	$	17,820	$	14,619
Interest cost on projected benefit obligation(2)	3,245		4,435		9,736		13,305
Expected return on plan assets(2)	(11,614)		(10,904)		(34,842)		(32,712)
Net amortization and deferrals(2)	3,834		2,922		11,502		8,766
Net periodic benefit (income) cost	$	1,405	$	1,326	$	4,216	$	3,978

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(1)Included as a component of Operating profit.

(2)Included as a component of Other expense (income), net.

Postretirement Benefits Other Than Pension Expenses

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

	Three Months Ended September 30,				Nine Months Ended September 30,
(DOLLARS IN THOUSANDS)	2020		2019		2020		2019
Service cost for benefits earned	$	142	$	148	$	428	$	444
Interest cost on projected benefit obligation	474		578		1,423		1,734
Net amortization and deferrals	(1,153)		(1,195)		(3,458)		(3,584)
Total postretirement benefit income	$	(537)	$	(469)	$	(1,607)	$	(1,406)