PENSION AND POSTRETIREMENT BENEFITS (Tables)

12 Months Ended

Dec. 31, 2017

	Domestic Plans						TCN Plan
	Year Ended December 31,						Year Ended December 31,
	2017			2016			2017			2016
	(In thousands)
Change in benefit obligation:
Benefit obligation at beginning of year	$	505,356		$	519,199		$	31,217		$	38,265
Interest cost		20,007			21,102			1,161			1,351
Actuarial loss (gain)		22,880			2,641			778			(3,172	)
Benefits paid		(37,305	)		(37,586	)		(3,316	)		(5,227	)
Settlements		-			-			(29,840	)		-
Benefit obligation at end of year		510,938			505,356			-			31,217

Change in plan assets:
Fair value of plan assets at beginning of year		484,961			494,146			32,252			38,257
Actual return (loss) on plan assets		47,717			26,891			1,990			(778	)
Company contributions		1,458			1,510			-			-
Benefits paid		(37,305	)		(37,586	)		(3,316	)		(5,227	)
Settlements		-			-			(29,840	)		-
Fair value of plan assets at end of year		496,831			484,961			1,086			32,252
Funded status	$	(14,107	)	$	(20,395	)	$	1,086		$	1,035

Amounts recognized in balance sheet consist of:
Other Assets	$	933		$	-		$	1,086		$	1,035
Accrued pension liability—current		(1,400	)		(1,382	)		-			-
Pension liability		(13,640	)		(19,013	)		-			-
Accrued benefit liability		(15,040	)		(20,395	)		-			-
Net (Liability) Asset	$	(14,107	)	$	(20,395	)	$	1,086		$	1,035

	Domestic Plans				TCN Plan
	Year Ended December 31,				Year Ended December 31,
	2017		2016		2017		2016
	(In thousands)
Supplemental information:
Projected benefit obligation	$	510,938	$	505,356	$	-	$	31,217
Accumulated benefit obligation		510,938		505,356		-		31,217
Fair value of plan assets		496,831		484,961		1,086		32,252

Assumptions

	Domestic Plans						TCN Plan
	2017			2016			2017			2016
Weighted average assumptions used to determine net periodic benefit obligations at December 31:
Discount rate		3.6	%		4.1	%		3.95	%		4.10	%
Rate of compensation increase	N/A			N/A			N/A			N/A

	Domestic Plans															TCN Plan
	Year Ended December 31,															Year Ended December 31,
	2017					2016					2015					2017					2016					2015
	(In thousands)
Supplemental information:
Components of periodic benefit cost:
Interest cost	$	20,007		$			21,102				$		21,613			$		1,161			$		1,351			$		1,626
Expected return on plan assets		(19,619	)			(20,006			)			(26,707		)			(1,379		)			(1,587		)			(2,840		)
Actuarial loss (gain)		(5,215	)			(4,244			)			26,842					167					(807		)			(657		)
Net periodic benefit cost (gain)⁽¹⁾	$	(4,827	)		$	(3,148			)	$		21,748			$		(51		)	$		(1,043		)	$		(1,871		)

Weighted average assumptions used to determine net periodic benefit cost:
Discount rate		4.1	%				4.2	%					4.0	%				4.1	%				4.0	%				4.0		%
Expected return on plan assets		4.2	%				4.2	%					5.0	%				4.7	%				4.7	%				6.9		%
Rate of compensation increase	N/A					N/A					N/A					N/A					N/A					N/A

⁽¹⁾In our Consolidated Statements of Operations, Net periodic benefit cost (gain) is reported in Other non-operating income (expense), net.

The following is a summary of the asset allocations at December 31, 2017 and 2016 by asset category.

The following is a summary of total investments for our plans, measured at fair value at:

The following is a summary of the changes in our Level 3 fixed income instruments measured on a recurring basis:

	December 31,
	2017		2016
	(In thousands)
Balance at beginning of period	$	5,087	$	5,752
Purchases, net		142		107
Total unrealized gain (loss)		53		(772	)
Balance at end of period	$	5,282	$	5,087

	Domestic Plans
	(In thousands)
Expected employer contributions to trusts of defined benefit plans:
2018	$	-
Expected benefit payments:
2018	$	37,179
2019		36,791
2020		36,364
2021		35,886
2022		35,334
2023-2027		165,101

The following table summarizes our contributions under the plans: