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PENSION AND OTHER POST-RETIREMENT BENEFIT PLANS
6 Months Ended
Jun. 30, 2024
Retirement Benefits [Abstract]  
PENSION AND OTHER POST-RETIREMENT BENEFIT PLANS PENSION AND OTHER POST-RETIREMENT BENEFIT PLANS
Net Periodic Benefit Cost
The components of net periodic benefit cost for the three months ended June 30, 2024 and July 2, 2023 were as follows:
Pension BenefitsOther Benefits
Three Months EndedThree Months Ended
June 30, 2024July 2, 2023June 30, 2024July 2, 2023
Service cost$3,836$3,769$33$55
Interest cost9,646 10,288 1,213 2,097 
Expected return on plan assets(12,799)(12,385)— — 
Amortization of prior service credit(1,373)(1,415)(37)— 
Amortization of net loss (gain)3,808 5,020 139 (333)
Settlement loss— 4,389 — — 
Total net periodic benefit cost$3,118 $9,666 $1,348 $1,819 
We made contributions of $170 and $2,890 to the pension plans and other benefits plans, respectively, during the second quarter of 2024. In the second quarter of 2023, we made contributions of $3,029 and $5,212 to our pension plans and other benefit plans, respectively. The contributions in 2024 and 2023 also included benefit payments from our non-qualified pension plans and post-retirement benefit plans.
The components of net periodic benefit cost for the six months ended June 30, 2024 and July 2, 2023 were as follows: 
Pension BenefitsOther Benefits
Six Months EndedSix Months Ended
June 30, 2024July 2, 2023June 30, 2024July 2, 2023
Service cost$7,685$7,522$67$109
Interest cost19,333 20,560 2,431 4,190 
Expected return on plan assets(25,607)(24,766)— — 
Amortization of prior service credit(2,746)(2,829)(75)— 
Amortization of net loss (gain)7,621 9,987 278 (659)
Settlement loss— 4,389 — — 
Total net periodic benefit cost$6,286 $14,863 $2,701 $3,640 
We made contributions of $986 and $4,482 to the pension plans and other benefits plans, respectively, during the first six months of 2024. In the first six months of 2023, we made contributions of $3,862 and $10,911 to our pension plans and other benefit plans, respectively. The contributions in 2024 and 2023 also included benefit payments from our non-qualified pension plans and post-retirement benefit plans.
The non-service cost components of net periodic benefit cost relating to pension and other post-retirement benefit plans is reflected within other (income) expense, net in the Consolidated Statements of Income (see Note 17).