Discontinued — last reported Q4 '16
An increase in these costs typically reduces net income and indicates higher long-term pension liabilities or unfavorable actuarial adjustments, while a decrease suggests improved pension funding status or lower interest cost burdens.
This metric represents the non-service cost components of net periodic pension expense recognized at the corporate level...
Peers with legacy defined benefit plans often report similar non-operating pension adjustments, though accounting treatments vary based on the specific funding status and actuarial assumptions of each company's pension portfolio.
tdy_segment_corporate_non_prepaid_pension_costs