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Retirement Benefits
6 Months Ended
Jun. 30, 2016
Compensation and Retirement Disclosure [Abstract]  
Retirement Benefits
Retirement Benefits
The Company sponsors several qualified and nonqualified defined benefit and defined contribution pension plans and other postretirement plans for its employees. The following tables provide the components of net periodic benefit cost for its major defined benefit plans and its other postretirement plans.
 
 
 
 
 
 
 
 
 
Pension Benefits
 
Three Months Ended June 30,
 
2016
 
2015
 
U.S.
 
Non-U.S.
 
U.S.
 
Non-U.S.
Service cost
$
294

 
$
304

 
$
376

 
$
376

Interest cost
747

 
355

 
937

 
433

Expected return on plan assets
(1,175
)
 
(220
)
 
(1,248
)
 
(280
)
Net amortization
827

 
243

 
855

 
470

Net periodic benefit cost
$
693

 
$
682

 
$
920

 
$
999

 
Pension Benefits
 
Six Months Ended June 30,
 
2016
 
2015
 
U.S.
 
Non-U.S.
 
U.S.
 
Non-U.S.
Service cost
$
588

 
$
603

 
$
751

 
$
757

Interest cost
1,494

 
705

 
1,875

 
868

Expected return on plan assets
(2,350
)
 
(439
)
 
(2,496
)
 
(556
)
Net amortization
1,654

 
481

 
1,679

 
929

Net periodic benefit cost
$
1,386

 
$
1,350

 
$
1,809

 
$
1,998


 
 
Other Postretirement Benefits
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2016
 
2015
 
2016
 
2015
Service cost
$
181

 
$
169

 
$
313

 
$
338

Interest cost
224

 
209

 
398

 
418

Net amortization
(154
)
 
(111
)
 
(308
)
 
(219
)
Net periodic benefit cost
$
251

 
$
267

 
$
403

 
$
537


The Company previously disclosed in its financial statements for the year ended December 31, 2015, that it expected to contribute approximately $6.1 million to its defined benefit plans and $0.9 million to its other postretirement benefit plans in 2016. As of June 30, 2016, the Company now expects to contribute $5.4 million to its defined benefit plans and $0.9 million to its other postretirement benefit plans in 2016. The Company contributed a total of $2.2 million during the first six months of 2016 to fund these plans.