Pension and Other Postretirement Benefits

6 Months Ended

Jun. 30, 2025

Retirement Benefits, Description [Abstract]

Pension and Other Postretirement Benefits

The components of net periodic benefit cost (income) are as follows:


	Three Months Ended June 30,								Six Months Ended June 30,
	Pension Benefits				Other Postretirement Benefits				Pension Benefits				Other Postretirement Benefits
	2025		2024		2025		2024		2025		2024		2025		2024
Service cost	$	108	$	108	$	—	$	—	$	210	$	217	$	—	$	—
Interest cost	2,379		2,364		14		15		4,663		4,738		28		31
Expected return on plan assets	(2,076)		(2,020)		—		—		(4,059)		(4,050)		—		—
Actuarial loss (gain) amortization	150		127		(26)		(29)		290		255		(52)		(59)
Prior service cost amortization	7		7		—		—		12		14		—		—
Net periodic benefit cost (income)	$	568	$	586	$	(12)	$	(14)	$	1,116	$	1,174	$	(24)	$	(28)

Employer Contributions

During the six months ended June 30, 2025, $2.6 million of contributions have been made to the Company’s U.S. and foreign pension plans. Contributions to other postretirement benefit plans were $0.2 million. Taking into consideration current minimum cash contribution requirements, the Company currently expects to make full year cash contributions of approximately $7.0 million to its U.S. and foreign pension plans and approximately $0.2 million to its other postretirement benefit plans.

- Definition

The entire disclosure for retirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
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-Name Accounting Standards Codification
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+ Details

QUAKER CHEMICAL CORP 10-Q