Pension and Other Postretirement Benefits (Tables)

3 Months Ended

Mar. 27, 2022

Schedule of Components of Net Periodic Pension Cost and Postretirement Benefit Income

The components of net periodic pension cost were as follows:


	For the Quarters Ended
	March 27, 2022						March 28, 2021
(In thousands)	Qualified Plans		Non- Qualified Plans		All Plans		Qualified Plans		Non- Qualified Plans		All Plans
Service cost	$	2,882	$	—	$	2,882	$	2,276	$	—	$	2,276
Interest cost	8,837		1,284		10,121		7,629		1,088		8,717
Expected return on plan assets	(13,807)		—		(13,807)		(12,677)		—		(12,677)
Amortization of actuarial loss	3,266		1,643		4,909		5,055		1,821		6,876
Amortization of prior service credit	(486)		—		(486)		(486)		—		(486)

Net periodic pension cost (1)	$	692	$	2,927	$	3,619	$	1,797	$	2,909	$	4,706

(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 cost/(income) were as follows:


	For the Quarters Ended
(In thousands)	March 27, 2022		March 28, 2021
Service cost	$	12	$	13
Interest cost	183		141
Amortization of actuarial loss	823		852
Amortization of prior service credit	(236)		(836)
Net periodic postretirement benefit cost (1)	$	782	$	170

(1) The service cost component of net periodic postretirement benefit cost/(income) 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.