PENSION AND OTHER POST-RETIREMENT BENEFIT PLANS

3 Months Ended

Mar. 29, 2026

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 March 29, 2026 and March 30, 2025 were as follows:  

	Pension Benefits				Other Benefits
	Three Months Ended				Three Months Ended
	March 29, 2026		March 30, 2025		March 29, 2026		March 30, 2025
Service cost	$	2,977	$	3,502	$	30	$	27
Interest cost	8,005		9,220		1,254		1,228
Expected return on plan assets	(12,362)		(12,011)		—		—
Amortization of prior service credit	(755)		(889)		(97)		(96)
Amortization of net loss	1,856		3,553		990		315
Total net periodic benefit cost	$	(279)	$	3,375	$	2,177	$	1,474

We made contributions of $465 and $2,872 to our pension plans and other benefits plans, respectively, during the first quarter of 2026. In the first quarter of 2025, we made contributions of $689 and $2,437 to our pension plans and other benefit plans, respectively. The contributions in 2026 and 2025 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 are reflected within other (income) expense, net in the Consolidated Statements of Income (see Note 17).