Pension, Postretirement and Postemployment Benefits (Tables)

12 Months Ended

Dec. 29, 2013

Pension, Postretirement and Postemployment Benefits [Abstract]

Summary of Changes in Projected Benefit Obligation, Plan Assets and Funded Status

Reconciliations of the beginning and ending balances for the projected benefit obligation, the fair value of plan assets and the funded status are included below for the years ended December 29, 2013 and December 30, 2012.

	Pension						Postretirement
	2013			2012			2013			2012
Change in Projected Benefit Obligation
Projected benefit obligation – beginning	$	391,681			346,155			36,969			35,196
Service cost		2,579			1,784			750			735
Interest cost		15,597			16,669			1,380			1,758
Actuarial (gain) loss		(45,170	)		54,428			(5,617	)		1,403
Curtailment		2,958			486			-			-
Plan amendment		-			-			(4,408	)		-
Benefits paid		(17,213	)		(25,795	)		(1,900	)		(2,123	)
Settlements		(16,213	)		-			-			-
Expenses paid		(1,445	)		(2,046	)		-			-
Projected benefit obligation – ending	$	332,774			391,681			27,174			36,969
Accumulated benefit obligation – ending	$	332,774			391,681			27,174			36,969
Change in Plan Assets
Fair value of plan assets - beginning	$	273,575			265,075			-			-
Actual return on plan assets		30,619			32,613			-			-
Employer contribution		4,014			3,728			-			-
Benefits paid		(17,213	)		(25,795	)		-			-
Settlements		(16,213	)		-			-			-
Expenses paid		(1,445	)		(2,046	)		-			-
Fair value of plan assets - ending	$	273,337			273,575			-			-
Reconciliation of Funded Status
Projected benefit obligation	$	(332,774	)		(391,681	)		(27,174	)		(36,969	)
Fair value of plan assets		273,337			273,575			-			-
Funded status		(59,437	)		(118,106	)		(27,174	)		(36,969	)
Unrecognized net loss (gain)		69,716			138,946			(15	)		5,673
Unrecognized prior service cost (credit)		-			-			(3,857	)		215
Net amount recognized	$	10,279			20,840			(31,046	)		(31,081	)
Accrued liabilities	$	(2,978	)		(2,982	)		(2,100	)		(2,200	)
Other liabilities		(56,459	)		(115,124	)		(25,074	)		(34,769	)
Accumulated other comprehensive earnings (loss)		69,716			138,946			(3,872	)		5,888
Net amount recognized	$	10,279			20,840			(31,046	)		(31,081	)

Assumptions used to determine year-end pension and postretirement benefit obligations

Assumptions used to determine the year-end pension and postretirement benefit obligations are as follows:

	2013			2012
Pension
Weighted average discount rate		5.02	%		4.09	%
Mortality table	RP-2000/IRS Static Basis			RP-2000/IRS Static Basis
Postretirement
Discount rate		5.11	%		4.17	%
Health care cost trend rate assumed for next year		7.00	%		7.00	%
Rate to which the cost trend rate is assumed to decline (ultimate trend rate)		5.00	%		5.00	%
Year that the rate reaches the ultimate trend		2020			2020

Fair values of plan assets by asset class and fair value hierarchy level

The assets of the funded plans are managed by investment advisors. The fair values of the plan assets by asset class and fair value hierarchy level (as described in note 12) as of December 29, 2013 and December 30, 2012 are as follows:

			Fair value measurements using:
	Fair Value		Quoted prices in Active markets For identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
2013:
Equity:
Large Cap	$	14,700		14,700		-		-
Small Cap		18,400		18,400		-		-
International		40,100		-		40,100		-
Other		59,500		-		-		59,500
Fixed Income		103,700		-		100,700		3,000
Total Return Fund		27,900		-		27,900		-
Cash Equivalents		9,000		-		9,000		-
	$	273,300		33,100		177,700		62,500
2012:
Equity:
Large Cap	$	8,000		8,000		-		-
Small Cap		11,400		11,400		-		-
International		33,600		-		33,600		-
Other		56,600		-		-		56,600
Fixed Income		110,600		-		108,200		2,400
Total Return Fund		31,800		-		31,800		-
Cash Equivalents		21,600		-		21,600		-
	$	273,600		19,400		195,200		59,000

Components of net periodic benefit cost (benefit)

For 2013, 2012 and 2011, the Company measured the assets and obligations of the Plans as of the fiscal year-end. The following is a detail of the components of the net periodic benefit cost for the three years ended December 29, 2013.

	2013			2012			2011
Components of Net Periodic Cost
Pension
Service cost	$	2,579			1,784			1,729
Interest cost		15,597			16,669			16,852
Expected return on assets		(17,761	)		(18,097	)		(19,012	)
Amortization of prior service cost		98			157			198
Amortization of actuarial loss		7,070			6,221			4,624
Curtailment/settlement losses		6,993			672			-
Net periodic benefit cost	$	14,576			7,406			4,391
Postretirement
Service cost	$	750			735			685
Interest cost		1,380			1,758			1,764
Amortization of actuarial (gain) loss		(264	)		80			67
Net periodic benefit cost	$	1,866			2,573			2,516

Assumptions used to determine net periodic benefit cost of pension plan and postretirement plan

Assumptions used to determine net periodic benefit cost of the pension plan and postretirement plan for each fiscal year follow:

	2013			2012			2011
Pension
Weighted average discount rate		4.49	%		4.96	%		5.20	%
Long-term rate of return on plan assets		7.00	%		7.00	%		7.25	%
Postretirement
Discount rate		4.34	%		5.17	%		5.27	%
Health care cost trend rate assumed for next year		7.00	%		7.00	%		7.50	%
Rate to which the cost trend rate is assumed to decline (ultimate trend rate)		5.00	%		5.00	%		5.00	%
Year that the rate reaches the ultimate trend rate		2020			2020			2020

Schedule of Expected Benefit Payments

Expected benefit payments under the defined benefit pension plans and the postretirement benefit plan for the next five years subsequent to 2013 and in the aggregate for the following five years are as follows:

	Pension		Postretirement
2014	$	19,865		2,031
2015		19,972		1,704
2016		19,996		1,669
2017		20,643		1,624
2018		21,379		1,589
2019-2023		111,457		7,449