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EMPLOYEE BENEFIT PLANS (Tables)
6 Months Ended
Jun. 30, 2017
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract]  
Schedule of Components of Net Periodic Benefit Cost
The net pension and postretirement benefit costs that have been recorded are shown in the following table:
 
Pension
 
Postretirement
 
Three Months Ended
June 30,
 
Three Months Ended
June 30,
 
2017
 
2016
 
2017
 
2016
Components of Net Periodic Benefit Cost
 
 
 
 
 
 
 
Service cost

 

$327

 

$13

 

$2

Interest cost
815

 
869

 
2

 
12

Expected return on plan assets (a)
(945
)
 
(1,008
)
 

 

Amortization of losses
116

 
632

 

 

Net periodic benefit (gain) cost

($14
)
 

$820

 

$15

 

$14

 
 
 
 
 
 
 
 

 
Pension
 
Postretirement
 
Six Months Ended
June 30,
 
Six Months Ended
June 30,
 
2017
 
2016
 
2017
 
2016
Components of Net Periodic Benefit Cost
 
 
 
 
 
 
 
Service cost

 

$653

 

$26

 

$3

Interest cost
1,630

 
1,737

 
3

 
24

Expected return on plan assets (a)
(1,891
)
 
(2,015
)
 

 

Amortization of losses (gains)
233

 
1,261

 

 
(12
)
Net periodic benefit (gain) cost

($28
)
 

$1,636

 

$29

 

$15

 
 
 
 
 
 
 
 
 
 
 
 
 
(a)
The weighted-average expected long-term rate of return on plan assets used in computing 2017 net periodic benefit cost for pension benefits is 7.2 percent.