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PENSION AND OTHER POST-RETIREMENT BENEFIT PLANS (Tables)
6 Months Ended
Jul. 03, 2016
Compensation and Retirement Disclosure [Abstract]  
Summary of Components of Net Periodic Benefit Cost
The components of net periodic benefit cost for the second quarter were as follows:  
 
 
Pension Benefits
 
Other Benefits
 
 
Three Months Ended
 
Three Months Ended
 
 
July 3, 2016
 
July 5, 2015
 
July 3, 2016
 
July 5, 2015
Service cost
 
$
5,699

 
$
6,810

 
$
75

 
$
99

Interest cost
 
10,999

 
10,857

 
2,429

 
2,513

Expected return on plan assets
 
(14,832
)
 
(17,158
)
 

 

Amortization of prior service (credit) cost
 
(261
)
 
(296
)
 
144

 
153

Amortization of net loss (gains)
 
8,801

 
7,232

 
6

 
(29
)
Net periodic benefit cost
 
10,406

 
7,445

 
2,654

 
2,736

Settlement cost
 
16,938

 

 

 

Total net periodic benefit cost
 
$
27,344

 
$
7,445

 
$
2,654

 
$
2,736

 
 
Pension Benefits
 
Other Benefits
 
 
Six Months Ended
 
Six Months Ended
 
 
July 3, 2016
 
July 5, 2015
 
July 3, 2016
 
July 5, 2015
Service cost
 
$
11,583

 
$
14,233

 
$
149

 
$
271

Interest cost
 
21,834

 
22,162

 
4,865

 
5,101

Expected return on plan assets
 
(29,373
)
 
(34,539
)
 

 

Amortization of prior service (credit) cost
 
(523
)
 
(587
)
 
288

 
306

Amortization of net loss (gains)
 
17,608

 
15,304

 
(6
)
 
(29
)
Net periodic benefit cost
 
21,129

 
16,573

 
5,296

 
5,649

Settlement cost
 
16,938

 

 

 

Total net periodic benefit cost
 
$
38,067

 
$
16,573

 
$
5,296

 
$
5,649