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Pension and Postretirement Benefits
 9 Months Ended
Apr. 02, 2017
Compensation and Retirement Disclosure [Abstract]  
Pension and Postretirement Benefits
Pension and Postretirement Benefits

The Company has noncontributory defined benefit retirement plans and postretirement plans covering certain employees. The following tables summarize the plans’ income and expense for the periods indicated (in thousands):
 
 
Pension Benefits
 
Other Postretirement Benefits
 
 
Three Months Ended
 
Three Months Ended
 
 
April 2,
2017
 
March 27,
2016
 
April 2,
2017
 
March 27,
2016
Components of Net Periodic Expense (Income):
 
 
 
 
 
 
 
 
Service Cost
 
$
1,689

 
$
883

 
$
48

 
$
65

Interest Cost on Projected Benefit Obligation
 
10,839

 
13,028

 
596

 
811

Expected Return on Plan Assets
 
(16,107
)
 
(17,800
)
 
—

 
—

Amortization of:
 
 
 
 
 
 
 
 
Prior Service Cost (Credit)
 
45

 
45

 
(663
)
 
(665
)
Actuarial Loss
 
4,239

 
3,252

 
699

 
1,011

Net Periodic Expense (Income)
 
$
705

 
$
(592
)
 
$
680

 
$
1,222


 
 
Pension Benefits
 
Other Postretirement Benefits
 
 
Nine Months Ended
 
Nine Months Ended
 
 
April 2,
2017
 
March 27,
2016
 
April 2,
2017
 
March 27,
2016
Components of Net Periodic Expense (Income):
 
 
 
 
 
 
 
 
Service Cost
 
$
5,068

 
$
2,649

 
$
143

 
$
196

Interest Cost on Projected Benefit Obligation
 
32,517

 
39,083

 
1,787

 
2,432

Expected Return on Plan Assets
 
(48,320
)
 
(53,401
)
 
—

 
—

Amortization of:
 
 
 
 
 
 
 
 
Prior Service Cost (Credit)
 
135

 
135

 
(1,990
)
 
(1,994
)
Actuarial Loss
 
12,718

 
9,755

 
2,097

 
3,033

Net Periodic Expense (Income)
 
$
2,118

 
$
(1,779
)
 
$
2,037

 
$
3,667


The Company expects to make benefit payments of $3.2 million attributable to its non-qualified pension plans during fiscal 2017. During the first nine months of fiscal 2017, the Company made payments of approximately $2.5 million for its non-qualified pension plans. The Company anticipates making benefit payments of approximately $12.8 million for its other postretirement benefit plans during fiscal 2017. During the first nine months of fiscal 2017, the Company made payments of $9.5 million for its other postretirement benefit plans.
 
During the first nine months of fiscal 2017, the Company made no cash contributions to the qualified pension plan. Based upon current regulations and actuarial studies, the Company is not required to make contributions to the qualified pension plan in fiscal 2017 through fiscal 2018, but the Company may choose to make discretionary contributions. The Company may be required to make further required contributions in future years or the future expected funding requirements may change depending on a variety of factors including the actual return on plan assets, the funded status of the plan in future periods, and changes in actuarial assumptions or regulations.