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Employee Benefits (Tables)
6 Months Ended
Jun. 30, 2012
Employee Benefits  
Schedule of net periodic cost of benefits of plans

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

June 30,

 

July 2,

 

June 30,

 

July 2,

 

(Thousands of dollars)

 

2012

 

2011

 

2012

 

2011

 

Components of net periodic benefit cost:

 

 

 

 

 

 

 

 

 

Service cost

 

$

2,210

 

 

$

1,805

 

$

4,436

 

$

3,732

 

 

Interest cost

 

2,177

 

 

2,249

 

4,435

 

4,543

 

 

Expected return on plan assets

 

(1,617

)

 

(1,684

)

(3,209

)

(3,319

)

 

Amortization and other

 

1,567

 

 

992

 

3,097

 

2,043

 

 

Settlement

 

1,796

 

 

-

 

1,796

 

-

 

 

Net periodic benefit cost

 

$

6,133

 

 

$

3,362

 

$

10,555

 

$

6,999