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Retirement and Other Benefit Plans
3 Months Ended
Apr. 29, 2023
Retirement and Other Benefit Plans  
Retirement and Other Benefit Plans

Note 13  Retirement and Other Benefit Plans

The following table sets forth the components of net periodic benefit income for the Company, including the domestic and Canadian plans:

Pension Benefits

    

Other Postretirement Benefits

    

Thirteen Weeks Ended

Thirteen Weeks Ended

($ thousands)

April 29, 2023

    

April 30, 2022

    

April 29, 2023

    

April 30, 2022

Service cost

$

1,258

$

1,762

$

$

Interest cost

 

3,615

 

2,971

 

13

 

10

Expected return on assets

 

(6,075)

 

(6,984)

 

 

Amortization of:

 

 

  

 

 

  

Actuarial loss (gain)

 

1,011

 

681

 

(28)

 

(25)

Prior service income

 

(28)

 

(75)

 

 

Total net periodic benefit income

$

(219)

$

(1,645)

$

(15)

$

(15)

The non-service cost components of net periodic benefit income are included in other income, net in the condensed consolidated statements of earnings.  Service cost is included in selling and administrative expenses.