XML 41 R27.htm IDEA: XBRL DOCUMENT v3.22.2
Pension and Other Postretirement Plans (Tables)
6 Months Ended
Jun. 30, 2022
Retirement Benefits [Abstract]  
Schedule of Net Periodic Benefit Costs

The following table presents the components of net periodic benefit costs recognized.

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

(In thousands)

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Pension Benefits

 

 

 

 

 

 

 

 

 

 

 

 

Components of net periodic benefit cost:

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

1,195

 

 

$

1,442

 

 

$

2,532

 

 

$

2,864

 

Interest cost

 

 

2,784

 

 

 

2,288

 

 

 

5,580

 

 

 

4,560

 

Expected return on assets

 

 

(7,844

)

 

 

(7,368

)

 

 

(15,695

)

 

 

(14,743

)

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

Prior service credit

 

 

(5

)

 

 

(31

)

 

 

(10

)

 

 

(62

)

Actuarial loss

 

 

484

 

 

 

1,743

 

 

 

1,208

 

 

 

3,323

 

Net periodic benefit (credit) cost

 

$

(3,386

)

 

$

(1,926

)

 

$

(6,385

)

 

$

(4,058

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Postretirement Benefits

 

 

 

 

 

 

 

 

 

 

 

 

Components of net periodic benefit cost:

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

314

 

 

$

373

 

 

$

647

 

 

$

724

 

Interest cost

 

 

479

 

 

 

390

 

 

 

970

 

 

 

774

 

Expected return on assets

 

 

(839

)

 

 

(821

)

 

 

(1,682

)

 

 

(1,638

)

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

Transition obligation

 

 

 

 

 

1

 

 

 

1

 

 

 

1

 

Prior service credit

 

 

(75

)

 

 

(380

)

 

 

(149

)

 

 

(759

)

Actuarial loss

 

 

24

 

 

 

138

 

 

 

72

 

 

 

247

 

Net periodic benefit (credit) cost

 

$

(97

)

 

$

(299

)

 

$

(141

)

 

$

(651

)