EMPLOYEE BENEFITS (Tables)

6 Months Ended

Jun. 28, 2020

EMPLOYEE BENEFITS

Schedule of elements of retirement and post-retirement costs

	Quarters Ended				Six Months Ended
	June 28,		June 30,		June 28,		June 30,
(in thousands)	2020		2019		2020		2019
Pension plans:
Interest Cost	$	17,302	$	19,596	$	34,604	$	40,117
Expected return on plan assets		(20,209)		(20,773)		(40,418)		(42,275)
Special termination benefits		—		—		—		6,834
Actuarial loss		7,241		6,156		14,480		11,681
Net pension expense		4,334		4,979		8,666		16,357
Net post-retirement benefit credit		(466)		(650)		(931)		(1,301)
Net retirement benefit expenses	$	3,868	$	4,329	$	7,735	$	15,056