v3.26.1
Employee benefit plans
6 Months Ended
Jun. 30, 2026
Employee benefit plans  
Employee benefit plans

Note 10 - Employee benefit plans:

The components of net periodic defined benefit pension cost are presented in the table below.

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Three months ended

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Six months ended

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June 30, 

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June 30, 

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2025

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2026

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2025

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2026

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(In millions)

Net periodic pension cost (income):

 

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Service cost

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$

1.5

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$

1.2

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$

2.9

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$

2.5

Interest cost

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5.4

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5.5

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10.6

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11.1

Expected return on plan assets

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(5.6)

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(5.3)

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(10.8)

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(10.6)

Recognized actuarial losses

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.6

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.5

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1.0

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.9

Total

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$

1.9

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$

1.9

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$

3.7

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$

3.9

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We expect our 2026 contributions for our pension plans to be approximately $17 million.