EMPLOYEE BENEFITS (Tables)

9 Months Ended

Sep. 25, 2016

EMPLOYEE BENEFITS

Schedule of elements of retirement expense

	Quarters Ended				Nine Months Ended
	September 25,		September 27,		September 25,		September 27,
(in thousands)	2016		2015		2016		2015
Pension plans:
Service Cost	$	4,700	$	2,920	$	14,100	$	8,760
Interest Cost		22,167		21,248		66,501		63,745
Expected return on plan assets		(27,107)		(26,571)		(81,322)		(79,712)
Actuarial loss		4,596		5,548		13,787		16,645
Net pension expense		4,356		3,145		13,066		9,438
Net post-retirement benefit credit		(662)		(653)		(1,984)		(1,960)
Net retirement expenses	$	3,694	$	2,492	$	11,082	$	7,478