PENSION AND OTHER POST-RETIREMENT BENEFITS

6 Months Ended

Apr. 27, 2014

PENSION AND OTHER POST-RETIREMENT BENEFITS

PENSION AND OTHER POST-RETIREMENT BENEFITS

NOTE K               PENSION AND OTHER POST-RETIREMENT BENEFITS

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

	Pension Benefits
	Three Months Ended				Six Months Ended
(in thousands)	April 27, 2014		April 28, 2013		April 27, 2014		April 28, 2013
Service cost	$	6,477	$	7,745	$	12,980	$	15,490
Interest cost	13,219		11,922		26,593		23,844
Expected return on plan assets	(20,862)		(18,286)		(41,977)		(36,572)
Amortization of prior service cost	(1,243)		(1,270)		(2,486)		(2,540)
Recognized actuarial loss	3,171		8,504		6,353		17,009
Net periodic cost	$	762	$	8,615	$	1,463	$	17,231
	Post-retirement Benefits
	Three Months Ended				Six Months Ended
(in thousands)	April 27, 2014		April 28, 2013		April 27, 2014		April 28, 2013
Service cost	$	483	$	612	$	966	$	1,224
Interest cost	3,786		3,694		7,571		7,388
Amortization of prior service cost	(334)		(333)		(668)		(598)
Recognized actuarial loss (gain)	-		1,912		(1)		3,825
Net periodic cost	$	3,935	$	5,885	$	7,868	$	11,839