PENSION PLANS (Tables)

3 Months Ended

Mar. 31, 2015

Compensation And Retirement Disclosure [Abstract]

Net Periodic Benefit Gain

Net periodic benefit gain for our non-contributory qualified defined benefit pension plan and several of our non-qualified supplemental defined benefit pension plans (the “Domestic Plans”) and our J. Ray McDermott, S.A. Third Country National Employees Pension Plan (the “TCN Plan”) includes the following components:

	Domestic Plans						TCN Plan
	Three Months Ended March 31,
	2015			2014			2015			2014
	(In thousands)
Interest cost	$	5,382		$	6,778		$	407		$	475
Expected return on plan assets		(6,677	)		(6,875	)		(710	)		(740	)
Recognized net actuarial loss and other		-			(217	)		-			-
Net periodic benefit gain	$	(1,295	)	$	(314	)	$	(303	)	$	(265	)