PENSION AND OTHER POST-RETIREMENT BENEFITS

9 Months Ended

Jul. 27, 2014

PENSION AND OTHER POST-RETIREMENT BENEFITS

PENSION AND OTHER POST-RETIREMENT BENEFITS

NOTE KPENSION 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				Nine Months Ended
(in thousands)	July 27, 2014		July 28, 2013		July 27, 2014		July 28, 2013
Service cost	$	6,477	$	7,744	$	19,457	$	23,234
Interest cost		13,219		11,922		39,812		35,766
Expected return on plan assets		(20,863)		(18,286)		(62,840)		(54,858)
Amortization of prior service credit		(1,242)		(1,269)		(3,728)		(3,809)
Recognized actuarial loss		3,172		8,505		9,525		25,514
Net periodic cost	$	763	$	8,616	$	2,226	$	25,847

	Post-retirement Benefits
	Three Months Ended				Nine Months Ended
(in thousands)	July 27, 2014		July 28, 2013		July 27, 2014		July 28, 2013
Service cost	$	484	$	612	$	1,450	$	1,836
Interest cost		3,785		3,693		11,356		11,081
Amortization of prior service credit		(334)		(401)		(1,002)		(999)
Recognized actuarial (gain) loss		(1)		1,982		(2)		5,807
Net periodic cost	$	3,934	$	5,886	$	11,802	$	17,725

During the third quarter of fiscal 2014, the Company made discretionary contributions of $25.6 million to fund its pension plans, compared to discretionary contributions of $22.1 million during the third quarter of fiscal 2013.