XML 45 R32.htm IDEA: XBRL DOCUMENT v3.20.2
Pension and Other Postretirement Benefits (Tables)
9 Months Ended
Sep. 27, 2020
Pension Plan  
Pension Benefits  
Schedule of Components of Net Periodic Pension Cost and Postretirement Benefit Income The components of net periodic pension cost/(income) were as follows:
For the Quarters Ended
 September 27, 2020September 29, 2019
(In thousands)Qualified
Plans
Non-
Qualified
Plans
All
Plans
Qualified
Plans
Non-
Qualified
Plans
All
Plans
Service cost$2,608 $— $2,608 $1,278 $— $1,278 
Interest cost 11,742 1,648 13,390 14,708 2,089 16,797 
Expected return on plan assets (17,741)— (17,741)(20,258)— (20,258)
Amortization of actuarial loss 5,655 1,521 7,176 4,635 1,094 5,729 
Amortization of prior service credit (486)— (486)(487)— (487)
Net periodic pension cost/(income) (1)
$1,778 $3,169 $4,947 $(124)$3,183 $3,059 
For the Nine Months Ended
 September 27, 2020September 29, 2019
(In thousands)Qualified
Plans
Non-
Qualified
Plans
All
Plans
Qualified
Plans
Non-
Qualified
Plans
All
Plans
Service cost$7,822 $— $7,822 $3,835 $— $3,835 
Interest cost 35,226 4,945 40,171 44,125 6,265 50,390 
Expected return on plan assets (53,222)— (53,222)(60,775)— (60,775)
Amortization of actuarial loss 16,966 4,564 21,530 13,905 3,282 17,187 
Amortization of prior service credit (1,459)— (1,459)(1,459)— (1,459)
Net periodic pension cost/(income) (1)
$5,333 $9,509 $14,842 $(369)$9,547 $9,178 
(1) The service cost component of net periodic pension cost is recognized in Total operating costs, while the other components are included in Other components of net periodic benefit costs in our Condensed Consolidated Statements of Operations, below Operating profit.
Other Postretirement Benefit Plan  
Pension Benefits  
Schedule of Components of Net Periodic Pension Cost and Postretirement Benefit Income
The components of net periodic postretirement benefit (income)/cost were as follows:
For the Quarters EndedFor the Nine Months Ended
(In thousands)September 27, 2020September 29, 2019September 27, 2020September 29, 2019
Service cost$$$21 $20 
Interest cost 257 402 770 1,202 
Amortization of actuarial loss 763 843 2,289 2,531 
Amortization of prior service credit (1,099)(1,192)(3,378)(3,574)
Net periodic postretirement benefit (income)/cost (1)
$(72)$59 $(298)$179 
(1) The service cost component of net periodic postretirement benefit cost is recognized in Total operating costs, while the other components are included in Other components of net periodic benefit costs in our Condensed Consolidated Statements of Operations, below Operating profit.