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PENSION AND POSTRETIREMENT BENEFITS (Tables)
6 Months Ended
Jun. 30, 2017
Compensation And Retirement Disclosure [Abstract]  
Net Periodic Cost (Benefit)

Net periodic cost (benefit) for our 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”) was as follows:

 

 

Domestic Plans

 

 

Three months ended June 30,

 

 

Six months ended June 30,

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

 

(In thousands)

 

Interest cost

$

4,991

 

 

$

5,293

 

 

$

9,982

 

 

$

10,552

 

Expected return on plan assets

 

(4,907

)

 

 

(5,001

)

 

 

(9,814

)

 

 

(10,004

)

Net periodic (benefit) cost

$

84

 

 

$

292

 

 

$

168

 

 

$

548

 

 

 

TCN Plan

 

 

Three months ended June 30,

 

 

Six months ended June 30,

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

 

(In thousands)

 

Interest cost

$

290

 

 

$

338

 

 

$

580

 

 

$

676

 

Expected return on plan assets

 

(345

)

 

 

(397

)

 

 

(690

)

 

 

(794

)

Net periodic (benefit) cost

$

(55

)

 

$

(59

)

 

$

(110

)

 

$

(118

)