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PENSION AND POSTRETIREMENT BENEFITS (Tables)
3 Months Ended
Mar. 31, 2017
Compensation And Retirement Disclosure [Abstract]  
Net Periodic Cost (Benefit)

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

)