EMPLOYEE BENEFITS (Tables)

3 Months Ended

Mar. 29, 2020

EMPLOYEE BENEFITS

Schedule of elements of retirement and post-retirement costs

	Three Months Ended
	March 29,		March 31,
(in thousands)	2020		2019
Pension plans:
Interest Cost	$	17,302	$	20,521
Expected return on plan assets		(20,209)		(21,502)
Special termination benefits		—		6,834
Actuarial loss		7,239		5,525
Net pension expense		4,332		11,378
Net post-retirement benefit credit		(465)		(651)
Net retirement benefit expenses	$	3,867	$	10,727