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Pension and Postretirement Benefits (Tables)
6 Months Ended
Jun. 30, 2016
Compensation And Retirement Disclosure [Abstract]  
Schedule of Components of Net Periodic Benefit Cost

The estimated components of the recorded net periodic benefit cost (credit) for pension and postretirement benefits are as follows:

 

 

 

Three Months Ended June 30,

 

 

 

Pension

 

 

Postretirement Benefits

 

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

 

 

(Dollars in Thousands)

 

Service cost

 

$

5,776

 

 

$

5,513

 

 

$

24

 

 

$

34

 

Interest cost

 

 

9,331

 

 

 

8,213

 

 

 

259

 

 

 

229

 

Expected return on assets

 

 

(9,822

)

 

 

(8,887

)

 

 

 

 

 

 

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prior service cost (credit)

 

 

91

 

 

 

101

 

 

 

(609

)

 

 

(570

)

Actuarial loss (gain)

 

 

3,146

 

 

 

7,351

 

 

 

(139

)

 

 

(77

)

Special termination benefit

 

 

638

 

 

 

1,206

 

 

 

(8

)

 

 

 

Net periodic benefit cost (credit)

 

$

9,160

 

 

$

13,497

 

 

$

(473

)

 

$

(384

)

 

 

 

Six Months Ended June 30,

 

 

 

Pension

 

 

Postretirement Benefits

 

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

 

 

(Dollars in Thousands)

 

Service cost

 

$

11,082

 

 

$

11,505

 

 

$

43

 

 

$

68

 

Interest cost

 

 

17,938

 

 

 

16,575

 

 

 

432

 

 

 

464

 

Expected return on assets

 

 

(18,848

)

 

 

(18,190

)

 

 

 

 

 

 

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prior service cost (credit)

 

 

175

 

 

 

211

 

 

 

(981

)

 

 

(1,150

)

Actuarial loss (gain)

 

 

6,036

 

 

 

10,700

 

 

 

(249

)

 

 

(154

)

Settlement charge

 

 

59

 

 

 

 

 

 

 

 

 

 

Special termination benefit

 

 

764

 

 

 

1,462

 

 

 

(8

)

 

 

 

Net periodic benefit cost (credit)

 

$

17,206

 

 

$

22,263

 

 

$

(763

)

 

$

(772

)