PENSION AND POSTRETIREMENT BENEFITS

3 Months Ended

Mar. 31, 2017

Compensation And Retirement Disclosure [Abstract]

PENSION AND POSTRETIREMENT BENEFITS

NOTE 10—PENSION AND POSTRETIREMENT BENEFITS

Net periodic cost (benefit) 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,
	2017			2016			2017			2016
	(In thousands)
Interest cost	$	4,991		$	5,259		$	290		$	338
Expected return on plan assets		(4,907	)		(5,003	)		(345	)		(397	)
Net periodic (benefit) cost	$	84		$	256		$	(55	)	$	(59	)