XML 35 R19.htm IDEA: XBRL DOCUMENT v3.25.1
PENSION AND OTHER POST-RETIREMENT BENEFIT PLANS
3 Months Ended
Mar. 30, 2025
Retirement Benefits [Abstract]  
PENSION AND OTHER POST-RETIREMENT BENEFIT PLANS PENSION AND OTHER POST-RETIREMENT BENEFIT PLANS
Net Periodic Benefit Cost
The components of net periodic benefit cost for the three months ended March 30, 2025 and March 31, 2024 were as follows:
Pension BenefitsOther Benefits
Three Months EndedThree Months Ended
March 30, 2025March 31, 2024March 30, 2025March 31, 2024
Service cost$3,502$3,849$27$34
Interest cost9,220 9,687 1,228 1,218 
Expected return on plan assets(12,011)(12,808)— — 
Amortization of prior service credit(889)(1,373)(96)(38)
Amortization of net loss (gain)3,553 3,813 315 139 
Total net periodic benefit cost$3,375 $3,168 $1,474 $1,353 
We made contributions of $689 and $2,437 to the pension plans and other benefits plans, respectively, during the first quarter of 2025. In the first quarter of 2024, we made contributions of $816 and $1,592 to our pension plans and other benefit plans, respectively. The contributions in 2025 and 2024 also included benefit payments from our non-qualified pension plans and post-retirement benefit plans.
The non-service cost components of net periodic benefit cost relating to pension and other post-retirement benefit plans is reflected within other (income) expense, net in the Consolidated Statements of Income (see Note 17).