XML 37 R26.htm IDEA: XBRL DOCUMENT v3.21.2
Pension and Postretirement Benefits
9 Months Ended
Sep. 30, 2021
Compensation And Retirement Disclosure [Abstract]  
Pension and Postretirement Benefits

Note 18. Pension and Postretirement Benefits

The components of net periodic benefit cost of our pension and postretirement benefit plans for the three months ended September 30, 2021 and 2020 consist of the following:

 

 

 

Domestic Plans

 

 

 

 

 

 

 

 

 

Pension Plans

 

 

Postretirement Benefit Plans

 

 

Foreign Pension Plans

 

(in thousands)

 

2021

 

 

2020

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Service cost

 

$

 

 

$

 

 

$

24

 

 

$

7

 

 

$

113

 

 

$

112

 

Interest cost

 

 

110

 

 

 

162

 

 

 

41

 

 

 

64

 

 

 

77

 

 

 

87

 

Expected return on plan assets

 

 

(20

)

 

 

(74

)

 

 

 

 

 

 

 

 

(127

)

 

 

(134

)

Amortization of prior service credit

 

 

 

 

 

 

 

 

(1

)

 

 

(36

)

 

 

 

 

 

 

Recognized net actuarial (gain) loss

 

 

157

 

 

 

130

 

 

 

(12

)

 

 

(26

)

 

 

49

 

 

 

48

 

Net periodic benefit cost

 

$

247

 

 

$

218

 

 

$

52

 

 

$

9

 

 

$

112

 

 

$

113

 

 

The components of net periodic benefit cost of our pension and postretirement benefit plans for the nine months ended September 30, 2021 and 2020 consist of the following:

 

 

 

Domestic Plans

 

 

 

 

 

 

 

 

 

Pension Plans

 

 

Postretirement Benefit Plans

 

 

Foreign Pension Plans

 

(in thousands)

 

2021

 

 

2020

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Service cost

 

$

 

 

$

 

 

$

52

 

 

$

38

 

 

$

343

 

 

$

330

 

Interest cost

 

 

315

 

 

 

490

 

 

 

136

 

 

 

222

 

 

 

233

 

 

 

254

 

Expected return on plan assets

 

 

(35

)

 

 

(109

)

 

 

 

 

 

 

 

 

(382

)

 

 

(394

)

Amortization of prior service credit

 

 

 

 

 

 

 

 

(4

)

 

 

(109

)

 

 

 

 

 

 

Recognized net actuarial loss

 

 

467

 

 

 

395

 

 

 

86

 

 

 

13

 

 

 

148

 

 

 

138

 

Net periodic benefit cost

 

$

747

 

 

$

776

 

 

$

270

 

 

$

164

 

 

$

342

 

 

$

328

 

 

We expect to contribute $0.8 million to our funded pension plans, $0.8 million to our unfunded pension plans, and $0.9 million to our postretirement benefit plans in 2021. During the nine months ended September 30, 2021, we contributed $0.6 million to our funded pension plans, $0.6 million to our unfunded pension plans, and $0.8 million to our postretirement benefit plans.