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Pensions and Other Post-employment Benefits
6 Months Ended
Jun. 28, 2013
Compensation and Retirement Disclosure [Abstract]  
Pensions and Other Post-employment Benefits
Pensions and Other Post-employment Benefits
The following is a summary of the second quarter and first half 2013 and 2012 net periodic benefit cost for the domestic pension plans (which include the defined benefit plan and the supplemental retirement plans) and the domestic retiree medical plan.
 
 
Pension Benefits
 
Other Benefits
 
 
Second Quarter Ended
 
Second Quarter Ended
 
 
June 28,
 
June 29,
 
June 28,
 
June 29,
(Thousands)
 
2013
 
2012
 
2013
 
2012
Components of net periodic benefit cost
 
 
 
 
 
 
 
 
Service cost
 
$
2,356

 
$
1,966

 
$
76

 
$
93

Interest cost
 
2,353

 
2,341

 
311

 
360

Expected return on plan assets
 
(2,996
)
 
(2,926
)
 

 

Amortization of prior service cost (benefit)
 
(86
)
 
(118
)
 
29

 

Amortization of net loss
 
1,933

 
1,402

 

 

Net periodic benefit cost
 
$
3,560

 
$
2,665

 
$
416

 
$
453

 
 
 
 
 
 
 
 
 
 
 
Pension Benefits
 
Other Benefits
 
 
First Half Ended
 
First Half Ended
 
 
June 28,
 
June 29,
 
June 28,
 
June 29,
(Thousands)
 
2013
 
2012
 
2013
 
2012
Components of net periodic benefit cost
 
 
 
 
 
 
 
 
Service cost
 
$
4,711

 
$
3,934

 
$
152

 
$
186

Interest cost
 
4,707

 
4,672

 
622

 
720

Expected return on plan assets
 
(5,992
)
 
(5,852
)
 

 

Amortization of prior service cost (benefit)
 
(170
)
 
(236
)
 
58

 

Amortization of net loss
 
3,865

 
2,804

 

 

Net periodic benefit cost
 
$
7,121

 
$
5,322

 
$
832

 
$
906


 
The Company made contributions to the domestic defined benefit pension plan of $5.5 million in the first half of 2013.