v3.26.3
Retirement and Pension Plans
9 Months Ended
Sep. 30, 2026
Retirement Benefits [Abstract]  
Retirement and Pension Plans Retirement and Pension Plans
The components of net periodic pension benefit expense (income) were as follows:
Three Months Ended
September 30,
Nine Months Ended
September 30,
2026202520262025
(In thousands)
Defined benefit plans:
Service cost$503 $603 $1,514 $1,771 
Interest cost7,119 7,356 21,372 21,856 
Expected return on plan assets(14,445)(13,259)(43,339)(39,589)
Amortization of net actuarial loss and other1,471 2,074 4,412 6,159 
Pension income(5,352)(3,226)(16,041)(9,803)
Other plans:
Defined contribution plans13,070 10,383 39,669 34,074 
Foreign plans and other1,796 1,569 5,397 4,557 
Total other plans14,866 11,952 45,066 38,631 
Total net pension expense$9,514 $8,726 $29,025 $28,828 
For defined benefit plans, the net periodic benefit income, other than the service cost component, is included in “Other (expense) income, net” in the consolidated statement of income.
For the nine months ended September 30, 2026 and 2025, contributions to the Company’s defined benefit pension plans were $3.8 million and $4.5 million, respectively. The Company’s current estimate of 2026 contributions to its worldwide defined benefit pension plans is in line with the range disclosed in Note 12 of the Company’s Annual Report on Form 10-K for the year ended December 31, 2025.