EMPLOYEE BENEFITS (Tables)

3 Months Ended

Mar. 29, 2015

EMPLOYEE BENEFITS

Schedule of elements of retirement expense

	Three Months Ended
	March 29,		March 30,
(in thousands)	2015		2014
Pension plans:
Service Cost	$	2,920	$	2,008
Interest Cost		21,248		22,751
Expected return on plan assets		(26,571)		(26,865)
Prior service cost amortization		—		3
Actuarial loss		5,549		4,002
Net pension expense		3,146		1,899
Net post-retirement benefit credit		(653)		(741)
Net retirement expenses	$	2,493	$	1,158