Pension and Other Postretirement Employee Benefits (Tables)
9 Months Ended
Sep. 30, 2014
General Discussion of Pension and Other Postretirement Benefits [Abstract]  
Components of Net Periodic Cost (Benefit)
The following tables detail the components of net periodic cost (benefit) of our pension plans and other postretirement employee benefits (OPEB) for the quarters and nine months ended September 30:
 
Quarters Ended September 30,
 
Pension
 
OPEB
(Dollars in thousands)
2014
 
2013
 
2014
 
2013
Service cost
$
1,270

 
$
1,329

 
$
7

 
$
24

Interest cost
4,796

 
4,457

 
435

 
453

Expected return on plan assets
(6,128
)
 
(6,523
)
 

 

Amortization of prior service cost (credit)
187

 
195

 
(2,411
)
 
(2,427
)
Amortization of actuarial loss
3,613

 
4,982

 
546

 
802

Net periodic cost (benefit)
$
3,738

 
$
4,440

 
$
(1,423
)
 
$
(1,148
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30,
 
Pension
 
OPEB
(Dollars in thousands)
2014
 
2013
 
2014
 
2013
Service cost
$
3,810

 
$
3,988

 
$
19

 
$
70

Interest cost
14,388

 
13,369

 
1,306

 
1,358

Expected return on plan assets
(18,384
)
 
(19,569
)
 

 

Amortization of prior service cost (credit)
561

 
585

 
(7,231
)
 
(7,281
)
Amortization of actuarial loss
10,839

 
14,947

 
1,639

 
2,407

Net periodic cost (benefit)
$
11,214

 
$
13,320

 
$
(4,267
)
 
$
(3,446
)
 
 
 
 
 
 
 
 

Schedule of Accumulated Other Comprehensive Loss
The following tables detail the changes in accumulated other comprehensive loss (AOCL) by component for the quarters and nine months ended September 30:
 
Quarter Ended September 30, 2014
(Dollars in thousands)
Pension
 
OPEB
 
Total
AOCL at July 1
 
 
 
 
$
96,358

Amortization of defined benefit items, net of tax:(1)
 
 
 
 
 
Prior service credit (cost)
$
(114
)
 
$
1,471

 
1,357

Actuarial loss
(2,204
)
 
(334
)
 
(2,538
)
Total reclassification for the period
$
(2,318
)
 
$
1,137

 
(1,181
)
AOCL at September 30
 
 
 
 
$
95,177

 
 
 
 
 
 
 
Quarter Ended September 30, 2013
(Dollars in thousands)
Pension
 
OPEB
 
Total
AOCL at July 1
 
 
 
 
$
136,564

Amortization of defined benefit items, net of tax:(1)
 
 
 
 
 
Prior service credit (cost)
$
(119
)
 
$
1,481

 
1,362

Actuarial loss
(3,040
)
 
(489
)
 
(3,529
)
Total reclassification for the period
$
(3,159
)
 
$
992

 
(2,167
)
AOCL at September 30
 
 
 
 
$
134,397

 
 
 
 
 
 
 
Nine Months Ended September 30, 2014
(Dollars in thousands)
Pension
 
OPEB
 
Total
AOCL at January 1
 
 
 
 
$
98,720

Amortization of defined benefit items, net of tax:(1)
 
 
 
 
 
Prior service credit (cost)
$
(342
)
 
$
4,411

 
4,069

Actuarial loss
(6,612
)
 
(1,000
)
 
(7,612
)
Total reclassification for the period
$
(6,954
)
 
$
3,411

 
(3,543
)
AOCL at September 30
 
 
 
 
$
95,177

 
 
 
 
 
 
 
Nine Months Ended September 30, 2013
(Dollars in thousands)
Pension
 
OPEB
 
Total
AOCL at January 1
 
 
 
 
$
140,898

Amortization of defined benefit items, net of tax:(1)
 
 
 
 
 
Prior service credit (cost)
$
(357
)
 
$
4,442

 
4,085

Actuarial loss
(9,118
)
 
(1,468
)
 
(10,586
)
Total reclassification for the period
$
(9,475
)
 
$
2,974

 
(6,501
)
AOCL at September 30
 
 
 
 
$
134,397

 
 
 
 
 
 
(1) Amortization of prior service credit (cost) and amortization of actuarial loss are included in the computation of net periodic cost.