XML 54 R56.htm IDEA: XBRL DOCUMENT v2.4.0.8
Employee Benefit Plans - benefit obligations in excess of fair value of plan assets (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Nov. 24, 2013
Nov. 25, 2012
Nov. 27, 2011
Pension plans, defined benefit [Member]
     
Change in benefit obligation [Roll Forward]      
Benefit obligation at beginning of year $ 1,388,650 $ 1,203,677  
Service cost 8,707 8,952 10,241
Interest cost 51,984 57,635 60,314
Plan participants' contribution 771 884  
Actuarial loss (gain) (114,441) [1] 184,183 [1]  
Net curtailment gain (341) (2,379)  
Impact of foreign currency changes 1,219 1,103  
Plan settlements (7,909) (867)  
Special termination benefits 74 159  
Net benefits paid (94,915) [2] (64,697) [2]  
Benefit obligation at end of year 1,233,799 1,388,650 1,203,677
Change in plan assets [Roll Forward]      
Fair value of plan assets at beginning of year 894,362 771,914  
Actual return on plan assets 75,683 [3] 125,430 [3]  
Employer contribution 35,064 60,096  
Plan participants' contributions (771) (884)  
Plan settlements (7,909) (867)  
Impact of foreign currency changes (23) 1,602  
Benefits paid (94,915) [2] (64,697) [2]  
Fair value of plan assets at end of year 903,033 894,362 771,914
Unfunded status at end of year (330,766) (494,288)  
Other postretirement benefit plans, defined benefit [Member]
     
Change in benefit obligation [Roll Forward]      
Benefit obligation at beginning of year 155,864 156,060  
Service cost 376 397 478
Interest cost 4,957 6,634 7,629
Plan participants' contribution 5,242 5,531  
Actuarial loss (gain) (10,626) [1] 10,408 [1]  
Net curtailment gain 0 0  
Impact of foreign currency changes 0 0  
Plan settlements 0 0  
Special termination benefits 0 0  
Net benefits paid (20,218) [2] (23,166) [2]  
Benefit obligation at end of year 135,595 155,864 156,060
Change in plan assets [Roll Forward]      
Fair value of plan assets at beginning of year 0 0  
Actual return on plan assets 0 [3] 0 [3]  
Employer contribution 14,976 17,635  
Plan participants' contributions (5,242) (5,531)  
Plan settlements 0 0  
Impact of foreign currency changes 0 0  
Benefits paid (20,218) [2] (23,166) [2]  
Fair value of plan assets at end of year 0 0 0
Unfunded status at end of year $ (135,595) $ (155,864)  
[1] Actuarial gains in 2013 and losses in 2012 in the Company's pension benefit plans resulted from changes in discount rate assumptions, primarily for the Company's U.S. plans. Changes in financial markets during 2013 and 2012, including an increase and decrease, respectively, in corporate bond yield indices, resulted in a decrease and increase in benefit obligations, respectively.
[2] The increase in pension benefits paid in 2013 was primarily due the voluntary cash out program offered to vested, terminated U.S. pension plan participants in the first half of 2013. Pension plan assets were utilized to settle pension obligations for deferred participants that elected to participate in the program.
[3] The decrease in return on plan assets in 2013 was primarily due to the increase in interest rates which resulted in lower returns on fixed income securities.