v3.26.1
Pension Plans and Other Postretirement Benefits (Tables)
6 Months Ended
Jun. 30, 2026
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, 2026, as well as the remaining cash contributions we expect to make during the year ending December 31, 2026, for our domestic and foreign pension plans and domestic postretirement benefit plan.
(in thousands)Actual Cash Contributions for Six Months Ended
June 30, 2026
Expected Remaining Cash Contributions for Year Ending
 December 31, 2026
Domestic plans
Pension benefits$1,672 $1,672 
Postretirement benefits819 819 
Foreign plans
Pension benefits2,531 2,915 
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)2026202520262025
Service cost$2,973 $2,858 $137 $139 
Interest cost6,369 6,201 403 413 
Expected return on plan assets(16,177)(15,114)(196)(199)
Amortization of prior service cost (credit)46 45 (757)(757)
Amortization of actuarial net (gain) loss(1,092)(1,011)(76)(70)
Net periodic benefit cost (income)$(7,881)$(7,021)$(489)$(474)
 Domestic
 Pension BenefitsPostretirement Benefits
Six Months Ended June 30,
(in thousands)2026202520262025
Service cost$5,946 $5,715 $274 $278 
Interest cost12,738 12,401 806 827 
Expected return on plan assets(32,355)(30,228)(393)(398)
Amortization of prior service cost (credit)93 90 (1,514)(1,514)
Amortization of actuarial net (gain) loss(2,185)(2,023)(152)(140)
Net periodic benefit cost (income)$(15,763)$(14,045)$(979)$(947)
 Foreign
 Pension Benefits
Second Quarter Ended June 30,Six Months Ended June 30,
(in thousands)2026202520262025
Service cost$867 $859 $1,748 $1,666 
Interest cost1,760 1,728 3,548 3,359 
Expected return on plan assets(4,567)(4,105)(9,208)(7,982)
Amortization of prior service cost (credit)37 37 75 72 
Amortization of actuarial net (gain) loss(400)(261)(806)(508)
Net periodic benefit cost (income)$(2,303)$(1,742)$(4,643)$(3,393)