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PENSION AND POSTRETIREMENT BENEFITS (Tables)
3 Months Ended
Mar. 31, 2016
Compensation And Retirement Disclosure [Abstract]  
Net Periodic Benefit Cost

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,

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

 

(In thousands)

 

Interest cost

$

5,259

 

 

$

5,382

 

 

$

338

 

 

$

407

 

Expected return on plan assets

 

(5,003

)

 

 

(6,677

)

 

 

(397

)

 

 

(710

)

Net periodic (benefit) cost

$

256

 

 

$

(1,295

)

 

$

(59

)

 

$

(303

)