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Note 7 - Components of Net Periodic Cost (Benefit) Related to Pension and Other Postretirement Benefit Plans
6 Months Ended
May 28, 2016
Notes to Financial Statements  
Pension and Other Postretirement Benefits Disclosure [Text Block]
Note 7: Components of Net Periodic Cost (Benefit) related to Pension and Other Postretirement Benefit Plans
 
 
 
Three Months Ended May 28, 2016 and May 30, 2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other
 
 
 
Pension Benefits
 
 
Postretirement
 
 
 
U.S. Plans
 
 
Non-U.S. Plans
 
 
Benefits
 
Net periodic cost (benefit):
 
2016
 
 
2015
 
 
2016
 
 
2015
 
 
2016
 
 
2015
 
Service cost
 
$
27
 
  $ 26  
 
$
481
 
  $ 473  
 
$
84
 
  $ 112  
Interest cost
 
 
3,768
 
    4,080  
 
 
1,366
 
    1,461  
 
 
480
 
    511  
Expected return on assets
 
 
(6,077
)
    (6,421 )
 
 
(2,483
)
    (2,573 )
 
 
(1,342
)
    (1,378 )
Amortization:
                                               
Prior service cost
 
 
7
 
    7  
 
 
(1
)
    (1 )
 
 
(10
)
    (626 )
Actuarial loss
 
 
1,293
 
    1,407  
 
 
753
 
    781  
 
 
532
 
    608  
Net periodic (benefit) cost
 
$
(982
)
  $ (901 )
 
$
116
 
  $ 141  
 
$
(256
)
  $ (773 )
 
 
 
Six Months Ended May 28, 2016 and May 30, 2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other
 
 
 
Pension Benefits
   
Postretirement
 
 
 
U.S. Plans
 
   
Non-U.S. Plans
 
   
Benefits
 
 
Net periodic cost (benefit):
 
2016
 
   
2015
 
   
2016
 
   
2015
 
   
2016
 
   
2015
 
 
Service cost
 
$
54
    $ 53  
 
$
961
    $ 980  
 
$
168
    $ 224  
Interest cost
 
 
7,535
      8,161  
 
 
2,733
      2,977  
 
 
960
      1,021  
Expected return on assets
 
 
(12,154
)
    (12,841 )
 
 
(4,965
)
    (5,240 )
 
 
(2,684
)
    (2,755 )
Amortization:
                                               
Prior service cost
 
 
14
      14  
 
 
(2
)
    (2 )
 
 
(20
)
    (1,252 )
Actuarial loss
 
 
2,586
      2,814  
 
 
1,505
      1,612  
 
 
1,064
      1,216  
Net periodic (benefit) cost
 
$
(1,965
)
  $ (1,799 )
 
$
232
    $ 327  
 
$
(512
)
  $ (1,546 )