EMPLOYEE BENEFIT PLANS - Weighted-average Assumptions (Details) |
12 Months Ended | ||
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Dec. 25, 2021 |
Dec. 26, 2020 |
Dec. 28, 2019 |
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| Weighted-average assumptions used to determine projected benefit obligations | |||
| Discount rate | 1.80% | 1.50% | |
| Rate of compensation increase | 3.70% | 3.00% | |
| Weighted-average assumptions used to determine net periodic benefit cost | |||
| Discount rate | 1.50% | 2.10% | 3.20% |
| Expected long-term return on plan assets | 2.50% | 3.40% | 4.30% |
| Rate of compensation increase | 3.00% | 3.00% | 3.20% |
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- Definition Weighted average rate for present value of future retirement benefits cash flows, used to determine benefit obligation of defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Weighted average rate increase of compensation, used to determine benefit obligation of defined benefit plan. Plan includes, but is not limited to, pay-related defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Weighted average rate for present value of future retirement benefits cash flows, used to determine net periodic benefit cost of defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Weighted average rate of return on plan assets, reflecting average rate of earnings expected on existing plan assets and expected contributions, used to determine net periodic benefit cost of defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Weighted average rate of compensation increase used to determine net periodic benefit cost of defined benefit plan. Plan includes, but is not limited to, pay-related defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- References No definition available.
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