Pensions And Other Postretirement Benefits

3 Months Ended

Jan. 25, 2013

Pensions And Other Postretirement Benefits [Abstract]

Pensions And Other Postretirement Benefits

NOTE 11 – PENSIONS AND OTHER POSTRETIREMENT BENEFITS

We sponsor a number of defined benefit pension plans for certain hourly and salaried employees. The benefits for most of these plans are generally based on stated amounts for each year of service. We fund the plans in amounts consistent with the limits of allowable tax deductions.

The net periodic benefit cost of the pension benefits is as follows:

	Three Months Ended
	January 25, 2013			January 27, 2012
Service cost	$	1,405		$	1,052
Interest cost		3,345			3,525
Expected return on plan assets		(4,941	)		(4,843	)
Amortization of prior service cost		112			109
Recognized actuarial (gain)/loss		2,457			1,716
Net Periodic Benefit Cost	$	2,378		$	1,559

The net periodic benefit cost of the post-retirement medical benefits is as follows:

	Three Months Ended
	January 25, 2013			January 27, 2012
Service cost	$	60		$	31
Interest cost		90			112
Amortization of prior service cost		(32	)		(32	)
Recognized actuarial loss		117			118
Net Periodic Benefit Cost	$	235		$	229