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Pension and Other Postretirement Benefits
 6 Months Ended
Jun. 25, 2017
Compensation and Retirement Disclosure [Abstract]  
Pension and Other Postretirement Benefits
PENSION AND OTHER POSTRETIREMENT BENEFITS
Pension
Single-Employer Plans
We sponsor several single-employer defined benefit pension plans, the majority of which have been frozen. We also participate in two joint Company and Guild-sponsored defined benefit pension plans covering employees who are members of The NewsGuild of New York, including The Newspaper Guild of New York - The New York Times Pension Fund, which was frozen in 2012 and replaced by a successor plan, The Guild-Times Adjustable Pension Plan.
The components of net periodic pension cost were as follows:
 
 
For the Quarters Ended
 
 
June 25, 2017
 
June 26, 2016
(In thousands)
 
Qualified
Plans
 
Non-
Qualified
Plans
 
All
Plans
 
Qualified
Plans
 
Non-
Qualified
Plans
 
All
Plans
Service cost
 
$
2,423

 
$
—

 
$
2,423

 
$
2,248

 
$
—

 
$
2,248

Interest cost
 
15,594

 
1,956

 
17,550

 
16,573

 
2,034

 
18,607

Expected return on plan assets
 
(26,136
)
 
—

 
(26,136
)
 
(27,789
)
 
—

 
(27,789
)
Amortization of actuarial loss
 
7,353

 
1,088

 
8,441

 
7,068

 
1,053

 
8,121

Amortization of prior service credit
 
(486
)
 
—

 
(486
)
 
(486
)
 
—

 
(486
)
Net periodic pension (income)/cost
 
$
(1,252
)
 
$
3,044

 
$
1,792

 
$
(2,386
)
 
$
3,087

 
$
701


 
 
For the Six Months Ended
 
 
June 25, 2017
 
June 26, 2016
(In thousands)
 
Qualified
Plans
 
Non-
Qualified
Plans
 
All
Plans
 
Qualified
Plans
 
Non-
Qualified
Plans
 
All
Plans
Service cost
 
$
4,846

 
$
—

 
$
4,846

 
$
4,495

 
$
—

 
$
4,495

Interest cost
 
31,188

 
3,912

 
35,100

 
33,147

 
4,068

 
37,215

Expected return on plan assets
 
(52,272
)
 
—

 
(52,272
)
 
(55,579
)
 
—

 
(55,579
)
Amortization of actuarial loss
 
14,706

 
2,176

 
16,882

 
14,137

 
2,106

 
16,243

Amortization of prior service credit
 
(972
)
 
—

 
(972
)
 
(972
)
 
—

 
(972
)
Net periodic pension (income)/cost
 
$
(2,504
)
 
$
6,088

 
$
3,584

 
$
(4,772
)
 
$
6,174

 
$
1,402


During the first six months of 2017 and 2016, we made pension contributions of $3.8 million and $3.9 million, respectively, to certain qualified pension plans. We expect contributions to total approximately $8 million to satisfy funding requirements in 2017.
Multiemployer Plans
During the second quarter of 2016, we recorded a charge of $11.7 million related to a partial withdrawal obligation under a multiemployer pension plan following an unfavorable arbitration decision. See Note 14 for additional information with respect to the arbitration.
Other Postretirement Benefits
The components of net periodic postretirement benefit income were as follows:
 
 
For the Quarters Ended
 
For the Six Months Ended
(In thousands)
 
June 25, 2017

 
June 26, 2016

 
June 25, 2017

 
June 26, 2016

Service cost
 
$
92

 
$
104

 
$
184

 
$
208

Interest cost
 
470

 
495

 
940

 
990

Amortization of actuarial loss
 
905

 
1,026

 
1,810

 
2,052

Amortization of prior service credit
 
(1,938
)
 
(2,110
)
 
(3,877
)
 
(4,220
)
Net periodic postretirement benefit income
 
$
(471
)
 
$
(485
)
 
$
(943
)
 
$
(970
)