v3.26.3
Pension and Other Postretirement Plans (Tables)
9 Months Ended
Sep. 30, 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

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

(In thousands)

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Pension Benefits

 

 

 

 

 

 

 

 

 

 

 

 

Components of net periodic benefit cost:

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

595

 

 

$

653

 

 

$

1,797

 

 

$

1,959

 

Interest cost

 

 

3,992

 

 

 

4,285

 

 

 

12,065

 

 

 

12,854

 

Expected return on assets

 

 

(7,679

)

 

 

(7,254

)

 

 

(23,205

)

 

 

(21,761

)

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

Actuarial loss

 

 

50

 

 

 

75

 

 

 

153

 

 

 

225

 

Net periodic benefit (credit) cost

 

$

(3,042

)

 

$

(2,241

)

 

$

(9,190

)

 

$

(6,723

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Postretirement Benefits

 

 

 

 

 

 

 

 

 

 

 

 

Components of net periodic benefit cost:

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

176

 

 

$

186

 

 

$

528

 

 

$

557

 

Interest cost

 

 

679

 

 

 

757

 

 

 

2,038

 

 

 

2,271

 

Expected return on assets

 

 

(709

)

 

 

(678

)

 

 

(2,128

)

 

 

(2,036

)

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

Transition obligation

 

 

—

 

 

 

1

 

 

 

—

 

 

 

2

 

Actuarial gain

 

 

(194

)

 

 

(161

)

 

 

(583

)

 

 

(482

)

Net periodic benefit (credit) cost

 

$

(48

)

 

$

105

 

 

$

(145

)

 

$

312