v3.26.1
Pension and Other Postretirement Plans (Tables)
3 Months Ended
Mar. 31, 2026
Retirement Benefits [Abstract]  
Schedule of Net Periodic Benefit Costs

The following table presents the components of net periodic benefit costs recognized.

 

 

 

Three Months Ended

 

 

 

March 31,

 

(In thousands)

 

2026

 

 

2025

 

Pension Benefits

 

 

 

 

 

 

Components of net periodic benefit cost:

 

 

 

 

 

 

Service cost

 

$

619

 

 

$

651

 

Interest cost

 

 

4,011

 

 

 

4,256

 

Expected return on assets

 

 

(7,736

)

 

 

(7,261

)

Amortization of:

 

 

 

 

 

 

Actuarial loss

 

 

44

 

 

 

48

 

Net periodic benefit (credit) cost

 

$

(3,062

)

 

$

(2,306

)

 

 

 

 

 

 

 

Postretirement Benefits

 

 

 

 

 

 

Components of net periodic benefit cost:

 

 

 

 

 

 

Service cost

 

$

175

 

 

$

183

 

Interest cost

 

 

682

 

 

 

760

 

Expected return on assets

 

 

(707

)

 

 

(724

)

Amortization of:

 

 

 

 

 

 

Transition obligation

 

 

 

 

 

1

 

Actuarial gain

 

 

(181

)

 

 

(148

)

Net periodic benefit (credit) cost

 

$

(31

)

 

$

72