v3.25.2
Pension Plans and Other Postretirement Benefits (Tables)
6 Months Ended
Jun. 30, 2025
Retirement Benefits [Abstract]  
Cash Contributions Made And Expected Remaining Contributions For Pension And Postretirement Benefit Plans
The table below shows cash contributions made during the six months ended June 30, 2025, as well as the remaining cash contributions we expect to make during the year ending December 31, 2025, for our domestic and foreign pension plans and domestic postretirement benefit plan.
(in thousands)Actual Cash Contributions for Six Months Ended
June 30, 2025
Expected Remaining Cash Contributions for Year Ending
 December 31, 2025
Domestic plans
Pension benefits$1,663 $1,663 
Postretirement benefits816 816 
Foreign plans
Pension benefits2,392 2,841 
Net Periodic Benefit Cost (Income) For Pension And Postretirement Benefit Plans
The tables below present information on net periodic benefit cost (income) for our domestic and foreign pension plans and domestic postretirement benefit plan. The service cost component of net periodic benefit cost (income) is reflected in cost of goods sold; selling, general, and administrative expenses; or research, development, and testing expenses, according to where other compensation costs arising from services rendered by the pertinent employee are recorded on the Consolidated Statements of Income. The remaining components of net periodic benefit cost (income) are recorded in other income (expense), net on the Consolidated Statements of Income.
Domestic
Pension BenefitsPostretirement Benefits
Second Quarter Ended June 30,
(in thousands)2025202420252024
Service cost$2,858 $3,062 $139 $134 
Interest cost6,201 5,927 413 418 
Expected return on plan assets(15,114)(13,724)(199)(193)
Amortization of prior service cost (credit)45 46 (757)(757)
Amortization of actuarial net (gain) loss(1,011)(458)(70)(15)
Net periodic benefit cost (income)$(7,021)$(5,147)$(474)$(413)
 Domestic
 Pension BenefitsPostretirement Benefits
Six Months Ended June 30,
(in thousands)2025202420252024
Service cost$5,715 $6,078 $278 $269 
Interest cost12,401 11,649 827 836 
Expected return on plan assets(30,228)(27,265)(398)(385)
Amortization of prior service cost (credit)90 93 (1,514)(1,514)
Amortization of actuarial net (gain) loss(2,023)(915)(140)(31)
Net periodic benefit cost (income)$(14,045)$(10,360)$(947)$(825)
 Foreign
 Pension Benefits
Second Quarter Ended June 30,Six Months Ended June 30,
(in thousands)2025202420252024
Service cost$859 $1,075 $1,666 $2,162 
Interest cost1,728 1,608 3,359 3,226 
Expected return on plan assets(4,105)(3,316)(7,982)(6,649)
Amortization of prior service cost (credit)37 35 72 70 
Amortization of actuarial net (gain) loss(261)(6)(508)(13)
Net periodic benefit cost (income)$(1,742)$(604)$(3,393)$(1,204)