Pension and Other Postretirement Benefits (Tables)

3 Months Ended

Mar. 28, 2021

Pension Plan

Pension Benefits

Schedule of Components of Net Periodic Pension Cost and Postretirement Benefit Income

The components of net periodic pension cost were as follows:

	For the Quarters Ended
	March 28, 2021						March 29, 2020
(In thousands)	Qualified Plans		Non- Qualified Plans		All Plans		Qualified Plans		Non- Qualified Plans		All Plans
Service cost	$	2,276	$	—	$	2,276	$	2,607	$	—	$	2,607
Interest cost	7,629		1,088		8,717		11,742		1,648		13,390
Expected return on plan assets	(12,677)		—		(12,677)		(17,736)		—		(17,736)
Amortization of actuarial loss	5,055		1,821		6,876		5,655		1,521		7,176
Amortization of prior service credit	(486)		—		(486)		(486)		—		(486)
Net periodic pension cost (1)	$	1,797	$	2,909	$	4,706	$	1,782	$	3,169	$	4,951

(1) The service cost component of net periodic pension cost is recognized in Total operating costs, while the other components are included in Other components of net periodic benefit costs in our Condensed Consolidated Statements of Operations, below Operating profit.

Other Postretirement Benefit Plan

Pension Benefits

Schedule of Components of Net Periodic Pension Cost and Postretirement Benefit Income

The components of net periodic postretirement benefit cost/(income) were as follows:

	For the Quarters Ended
(In thousands)	March 28, 2021		March 29, 2020
Service cost	$	13	$	7
Interest cost	141		256
Amortization of actuarial loss	852		763
Amortization of prior service credit	(836)		(1,056)
Net periodic postretirement benefit cost/(income) (1)	$	170	$	(30)

(1) The service cost component of net periodic postretirement benefit cost/(income) is recognized in Total operating costs, while the other components are included in Other components of net periodic benefit costs in our Condensed Consolidated Statements of Operations, below Operating profit.