XML 151 R21.htm IDEA: XBRL DOCUMENT v2.4.0.8
Employee Benefit Plans
6 Months Ended
Jun. 30, 2013
Compensation and Retirement Disclosure [Abstract]  
Employee Benefit Plans
Employee Postretirement Benefit Plans
The following table summarizes the components of net periodic benefit (credit) cost for the Company’s various defined benefit employee pension and postretirement plans for the three and six months ended June 30, 2013 and July 1, 2012:
 
 
Defined Benefit
Pension Benefits
 
Postretirement
Medical Benefits
 
Three Months Ended
 
June 30,
2013
 
July 1,
2012
 
June 30,
2013
 
July 1,
2012
 
(In thousands)
Service cost
$
916

 
$
977

 
$
28

 
$
28

Interest cost
5,298

 
5,792

 
36

 
37

Expected return on plan assets
(6,253
)
 
(5,140
)
 
(241
)
 
(219
)
Amortization of prior service costs
(67
)
 
(60
)
 

 

Net periodic benefit (credit) cost
$
(106
)
 
$
1,569

 
$
(177
)
 
$
(154
)

 
Defined Benefit
Pension Benefits
 
Postretirement
Medical Benefits
 
Six Months Ended
 
June 30,
2013
 
July 1,
2012
 
June 30,
2013
 
July 1,
2012
 
(In thousands)
Service cost
$
1,841

 
$
1,957

 
$
56

 
$
56

Interest cost
10,613

 
11,607

 
72

 
74

Expected return on plan assets
(12,517
)
 
(10,282
)
 
(482
)
 
(438
)
Amortization of prior service
(134
)
 
(120
)
 

 

Net periodic benefit (credit) cost
$
(197
)
 
$
3,162

 
$
(354
)
 
$
(308
)

During the first six months of fiscal year 2013, the Company made contributions of $37.0 million for the 2012 plan year to its defined benefit pension plan in the United States. The Company contributed $15.7 million, in the aggregate, to plans outside of the United States during the first six months of fiscal year 2013, including an additional contribution of $10.0 million to its defined benefit pension plan in the United Kingdom.