PENSION AND OTHER POST-RETIREMENT BENEFITS

6 Months Ended

May 01, 2022

Retirement Benefits [Abstract]

PENSION AND OTHER POST-RETIREMENT BENEFITS

PENSION AND OTHER POST-RETIREMENT BENEFITS

Net periodic benefit cost for pension and other post-retirement benefit plans consists of:

	Pension Benefits
	Quarter Ended				Six Months Ended
in thousands	May 1, 2022		April 25, 2021		May 1, 2022		April 25, 2021
Service Cost	$	10,019	$	9,107	$	20,038	$	18,214
Interest Cost	12,640		12,362		25,279		24,724
Expected Return on Plan Assets	(27,062)		(25,189)		(54,124)		(50,378)
Amortization of Prior Service Cost	(374)		(367)		(748)		(734)
Recognized Actuarial Loss	3,132		5,578		6,264		11,156
Net Periodic Cost	$	(1,645)	$	1,491	$	(3,290)	$	2,982

	Post-retirement Benefits
	Quarter Ended				Six Months Ended
in thousands	May 1, 2022		April 25, 2021		May 1, 2022		April 25, 2021
Service Cost	$	117	$	131	$	234	$	261
Interest Cost	1,921		1,948		3,840		3,896
Amortization of Prior Service Cost	2		(164)		4		(328)
Recognized Actuarial Loss	610		495		1,220		991
Net Periodic Cost	$	2,650	$	2,410	$	5,298	$	4,820

Non-service cost components of net pension and postretirement benefit cost are presented within Interest and Investment Income on the Consolidated Statements of Operations.