EMPLOYEE BENEFITS (Tables)

9 Months Ended

Sep. 30, 2018

EMPLOYEE BENEFITS

Schedule of elements of retirement expense

	Quarters Ended				Nine Months Ended
	September 30,		September 24,		September 30,		September 24,
(in thousands)	2018		2017		2018		2017
Pension plans:
Interest Cost	$	19,788	$	21,367	$	59,365	$	64,101
Expected return on plan assets		(22,624)		(22,392)		(67,872)		(67,177)
Actuarial loss		6,295		5,084		18,886		15,252
Net pension expense		3,459		4,059		10,379		12,176
Net post-retirement benefit credit		(681)		(731)		(2,044)		(2,193)
Net retirement benefit expenses	$	2,778	$	3,328	$	8,335	$	9,983