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Pension and Postretirement Benefits (Tables)
9 Months Ended
Sep. 30, 2019
Compensation And Retirement Disclosure [Abstract]  
Schedule of Components of Net Periodic Benefit Cost (Credit)

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

 

 

Pension

 

 

Postretirement Benefits

 

 

 

Three Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

 

 

(Dollars in Thousands)

 

Service cost

 

$

7,711

 

 

$

7,911

 

 

$

15

 

 

$

19

 

Interest cost

 

 

9,424

 

 

 

8,307

 

 

 

131

 

 

 

130

 

Expected return on assets

 

 

(11,929

)

 

 

(11,516

)

 

 

 

 

 

 

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prior service cost (credit)

 

 

2

 

 

 

27

 

 

 

(190

)

 

 

(519

)

Actuarial loss (gain)

 

 

3,927

 

 

 

3,206

 

 

 

(114

)

 

 

(53

)

Settlement charge

 

 

 

 

 

2,692

 

 

 

 

 

 

 

Net periodic benefit cost (credit)

 

$

9,135

 

 

$

10,627

 

 

$

(158

)

 

$

(423

)

 

 

 

Pension

 

 

Postretirement Benefits

 

 

 

Nine Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

 

 

(Dollars in Thousands)

 

Service cost

 

$

23,133

 

 

$

23,732

 

 

$

44

 

 

$

58

 

Interest cost

 

 

28,280

 

 

 

24,921

 

 

 

437

 

 

 

389

 

Expected return on assets

 

 

(35,864

)

 

 

(34,549

)

 

 

 

 

 

 

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prior service cost (credit)

 

 

5

 

 

 

77

 

 

 

(571

)

 

 

(1,556

)

Actuarial loss (gain)

 

 

11,852

 

 

 

9,621

 

 

 

(387

)

 

 

(158

)

Settlement charge

 

 

 

 

 

2,692

 

 

 

 

 

 

 

Net periodic benefit cost (credit)

 

$

27,406

 

 

$

26,494

 

 

$

(477

)

 

$

(1,267

)