Components of net periodic benefit cost |
Components of net pension expense were as follows: | | | | | | | | | | | | | | | | Three months ended September 30, | | Nine months ended September 30, | | 2016 | | 2015 | | 2016 | | 2015 | | (In thousands) | Pension Benefits | | | | | | | | Company-administered plans: | | | | | | | | Service cost | $ | 2,660 |
| | 3,612 |
| | $ | 9,065 |
| | 10,805 |
| Interest cost | 22,754 |
| | 21,777 |
| | 72,086 |
| | 65,712 |
| Expected return on plan assets | (22,601 | ) | | (24,697 | ) | | (68,353 | ) | | (74,618 | ) | Amortization of: | | | | | | | | Net actuarial loss | 7,324 |
| | 7,665 |
| | 23,889 |
| | 23,137 |
| Prior service cost/(credit) | 320 |
| | (80 | ) | | 3,060 |
| | (230 | ) | | 10,457 |
| | 8,277 |
| | 39,747 |
| | 24,806 |
| Union-administered plans | 2,493 |
| | 1,772 |
| | 7,221 |
| | 6,057 |
| Net pension expense | $ | 12,950 |
| | 10,049 |
| | $ | 46,968 |
| | 30,863 |
| | | | | | | | | Company-administered plans: | | | | | | | | U.S. | $ | 10,952 |
| | 8,746 |
| | $ | 41,389 |
| | 26,237 |
| Non-U.S. | (495 | ) | | (469 | ) | | (1,642 | ) | | (1,431 | ) | | 10,457 |
| | 8,277 |
| | 39,747 |
| | 24,806 |
| Union-administered plans | 2,493 |
| | 1,772 |
| | 7,221 |
| | 6,057 |
| Net pension expense | $ | 12,950 |
| | 10,049 |
| | $ | 46,968 |
| | 30,863 |
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