EMPLOYEE BENEFITS (Tables)

3 Months Ended

Mar. 27, 2016

EMPLOYEE BENEFITS

Schedule of elements of retirement expense

	Three Months Ended
	March 27,		March 29,
(in thousands)	2016		2015
Pension plans:
Service Cost	$	4,700	$	2,920
Interest Cost		22,167		21,248
Expected return on plan assets		(27,107)		(26,571)
Actuarial loss		4,596		5,549
Net pension expense		4,356		3,146
Net post-retirement benefit credit		(662)		(653)
Net retirement expenses	$	3,694	$	2,493