Pension and Postretirement Benefits

9 Months Ended

Sep. 30, 2012

Pension and Postretirement Benefits (Thousands of Dollars) [Abstract]

Pension and Postretirement Benefits

(7) Pension and Postretirement Benefits

The components of the net periodic cost of the Company's defined benefit pension and other postretirement plans for the quarters and nine months ended September 30, 2012 and September 25, 2011 are as follows:

	Quarter Ended
	--------------------
	Pension		Postretirement
	------------------		------------------
	Sept. 30, 2012	Sept. 25, 2011	Sept. 30, 2012	Sept. 25, 2011
	-------	-------	-------	-------
Service cost	$  1,001	1,023	183	171
Interest cost	5,104	5,144	440	440
Expected return on assets	(5,377)	(6,172)	-	-
Net amortization and deferrals	1,788	1,288	20	18
Curtailment loss	673	-	-	-
	--------	--------	--------	--------
Net periodic benefit cost	$  3,189	1,283	643	629
	=====	=====	=====	=====

	Nine Months Ended
	-----------------------------
	Pension		Postretirement
	------------------		------------------
	Sept. 30, 2012	Sept. 25, 2011	Sept. 30, 2012	Sept. 25, 2011
	-------	-------	-------	-------
Service cost	$  3,280	3,192	551	513
Interest cost	15,650	15,598	1,320	1,320
Expected return on assets	(16,280)	(18,679)	-	-
Net amortization and deferrals	5,457	3,878	60	54
Curtailment loss	673	-	-	-
	--------	--------	--------	--------
Net periodic benefit cost	$  8,780	3,989	1,931	1,887
	=====	=====	=====	=====

During the first three quarters of fiscal 2012, the Company made cash contributions to its defined benefit pension plans of approximately $5,500 in the aggregate. The Company expects to contribute approximately $1,600 during the remainder of fiscal 2012.