Company-Sponsored Employee Benefit Plans (Company-Sponsored Employee Benefit Plans [Member])

6 Months Ended

Dec. 27, 2014

Company-Sponsored Employee Benefit Plans [Member]

Employee Benefit Plans

8.  COMPANY-SPONSORED EMPLOYEE BENEFIT PLANS 

In the tables below, the caption “Pension Benefits” includes both the company-sponsored qualified pension plan and the Supplemental Executive Retirement Plan. The components of net company-sponsored benefit cost for the second quarter of fiscal 2015 and fiscal 2014 are as follows:

	Pension Benefits				Other Postretirement Plans
	Dec. 27, 2014		Dec. 28, 2013		Dec. 27, 2014		Dec. 28, 2013
	(In thousands)
Service cost	$	2,815	$	2,414	$	134	$	136
Interest cost		42,779		40,109		148		187
Expected return on plan assets		(57,156)		(48,199)		-		-
Amortization of prior service cost		2,777		2,786		42		42
Amortization of actuarial loss (gain)		4,968		4,082		(109)		(36)
Amortization of transition obligation		-		-		-		-
Net periodic benefit cost	$	(3,817)	$	1,192	$	215	$	329

	Pension Benefits				Other Postretirement Plans
	Dec. 27, 2014		Dec. 28, 2013		Dec. 27, 2014		Dec. 28, 2013
	(In thousands)
Service cost	$	5,630	$	4,828	$	268	$	272
Interest cost		85,558		80,218		296		374
Expected return on plan assets		(114,312)		(96,398)		-		-
Amortization of prior service cost		5,554		5,572		84		84
Recognized net actuarial loss (gain)		9,936		8,164		(218)		(72)
Net periodic benefit cost	$	(7,634)	$	2,384	$	430	$	658

Sysco’s contributions to its company-sponsored defined benefit plans were $62.3 million and $11.7 million during the first 26 weeks of fiscal 2015 and 2014, respectively.