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Pension and Other Postretirement Benefits (Tables)
9 Months Ended
Sep. 28, 2014
Defined Benefit Plan Disclosure [Line Items]  
Schedule of changes to other postretirement employee benefit plan provisions
Overall, the remeasurement decreased our obligations by $13.8 million as reflected in other comprehensive income in our Condensed Consolidated Balance Sheets and Condensed Consolidated Statements of Comprehensive Income/(Loss) as follows:

 
 
For the Quarters Ended
 
For the Nine Months Ended
(In thousands)
 
September 28, 2014
 
September 29, 2013
 
September 28, 2014
 
September 29, 2013
Unrecognized (gain)/loss due to change in discount rate
 
$
3,617

 
$

 
$
3,617

 
$

Unrecognized prior service cost due to change in plan provisions
 
(17,373
)
 

 
(17,373
)
 

Total effect of other postretirement benefit changes
 
$
(13,756
)
 
$

 
$
(13,756
)
 
$

Pension Plans, Defined Benefit [Member]
 
Defined Benefit Plan Disclosure [Line Items]  
Schedule of components of net periodic cost
The components of net periodic pension cost/(income) were as follows:
 
 
For the Quarters Ended
 
 
September 28, 2014
 
September 29, 2013
(In thousands)
 
Qualified
Plans
 
Non-
Qualified
Plans
 
All Plans
 
Qualified
Plans
 
Non-
Qualified
Plans
 
All Plans
Service cost
 
$
2,386

 
$

 
$
2,386

 
$
2,323

 
$
256

 
$
2,579

Interest cost
 
21,112

 
2,382

 
23,494

 
19,284

 
2,643

 
21,927

Expected return on plan assets
 
(28,460
)
 

 
(28,460
)
 
(31,063
)
 

 
(31,063
)
Amortization of prior service credit
 
(486
)
 

 
(486
)
 
(486
)
 

 
(486
)
Amortization of actuarial loss
 
6,655

 
990

 
7,645

 
8,443

 
1,313

 
9,756

Net periodic pension cost/(income)
 
$
1,207

 
$
3,372

 
$
4,579

 
$
(1,499
)
 
$
4,212

 
$
2,713


 
 
For the Nine Months Ended
 
 
September 28, 2014
 
September 29, 2013
(In thousands)
 
Qualified
Plans
 
Non-
Qualified
Plans
 
All Plans
 
Qualified
Plans
 
Non-
Qualified
Plans
 
All Plans
Service cost
 
$
7,158

 
$

 
$
7,158

 
$
6,968

 
$
768

 
$
7,736

Interest cost
 
63,336

 
7,968

 
71,304

 
57,858

 
7,929

 
65,787

Expected return on plan assets
 
(85,380
)
 

 
(85,380
)
 
(93,188
)
 

 
(93,188
)
Amortization of prior service credit
 
(1,456
)
 

 
(1,456
)
 
(1,459
)
 

 
(1,459
)
Amortization of actuarial loss
 
19,964

 
3,077

 
23,041

 
25,327

 
3,935

 
29,262

Effect of pension settlement
 

 
9,525

 
9,525

 

 

 

Net periodic pension cost/(income)
 
$
3,622

 
$
20,570

 
$
24,192

 
$
(4,494
)
 
$
12,632

 
$
8,138

Other Postretirement Benefit Plans, Defined Benefit [Member]
 
Defined Benefit Plan Disclosure [Line Items]  
Schedule of components of net periodic cost
The components of net periodic postretirement benefit cost/(income) were as follows:

 
 
For the Quarters Ended
 
For the Nine Months Ended
(In thousands)
 
September 28,
2014
 
September 29,
2013
 
September 28,
2014
 
September 29,
2013
Service cost
 
$
145

 
$
285

 
$
439

 
$
855

Interest cost
 
930

 
1,009

 
2,950

 
3,027

Amortization of prior service credit
 
(1,800
)
 
(3,693
)
 
(5,000
)
 
(11,078
)
Amortization of actuarial loss
 
1,237

 
1,022

 
3,605

 
3,066

Net periodic postretirement benefit cost/(income)
 
$
512

 
$
(1,377
)
 
$
1,994

 
$
(4,130
)