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Employee Benefits (Tables)
9 Months Ended
Sep. 28, 2013
Employee Benefits  
Schedule of net periodic benefits cost of plans

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

September 28,

 

September 29,

 

September 28,

 

September 29,

 

(Thousands of dollars)

 

2013

 

2012

 

2013

 

2012

 

Components of net periodic benefit cost:

 

 

 

 

 

 

 

 

 

Service cost

 

$

2,342

 

$

2,221

 

$

7,026

 

$  6,657

 

Interest cost

 

2,028

 

2,220

 

6,131

 

6,655

 

Expected return on plan assets

 

(1,615)

 

(1,608)

 

(4,841)

 

(4,817)

 

Amortization and other

 

1,565

 

1,550

 

4,744

 

4,647

 

Agreement termination gain

 

-

 

-

 

(3,204)

 

-

 

Settlement

 

-

 

-

 

-

 

1,796

 

Net periodic benefit cost

 

$

4,320

 

$

4,383

 

$

9,856

 

$14,938