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PENSION AND OTHER POST-RETIREMENT BENEFIT PLANS (Tables)
6 Months Ended
Jul. 02, 2017
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 2, 2017
 
July 3, 2016
 
July 2, 2017
 
July 3, 2016
Service cost
 
$
5,051

 
$
5,699

 
$
66

 
$
75

Interest cost
 
10,200

 
10,999

 
2,204

 
2,429

Expected return on plan assets
 
(14,344
)
 
(14,832
)
 

 

Amortization of prior service (credit) cost
 
(1,455
)
 
(261
)
 
186

 
144

Amortization of net loss
 
8,360

 
8,801

 

 
6

Settlement loss
 

 
16,938

 

 

Total net periodic benefit cost
 
$
7,812

 
$
27,344

 
$
2,456

 
$
2,654

The components of net periodic benefit cost for the year-to-date periods were as follows:  
 
 
Pension Benefits
 
Other Benefits
 
 
Six Months Ended
 
Six Months Ended
 
 
July 2, 2017
 
July 3, 2016
 
July 2, 2017
 
July 3, 2016
Service cost
 
$
10,225

 
$
11,583

 
$
131

 
$
149

Interest cost
 
20,499

 
21,834

 
4,412

 
4,865

Expected return on plan assets
 
(28,698
)
 
(29,373
)
 

 

Amortization of prior service (credit) cost
 
(2,911
)
 
(523
)
 
373

 
288

Amortization of net loss (gain)
 
16,782

 
17,608

 

 
(6
)
Settlement loss
 

 
16,938

 

 

Total net periodic benefit cost
 
$
15,897

 
$
38,067

 
$
4,916

 
$
5,296