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Pension and Other Postretirement Benefit Plans
3 Months Ended
Jan. 01, 2021
Retirement Benefits [Abstract]  
Pension and Other Postretirement Benefit Plans Pension and Other Postretirement Benefit Plans
The following table presents the components of net periodic pension benefit recognized in earnings during the three months ended January 1, 2021 and December 27, 2019 (in thousands):
Three Months Ended
January 1, 2021December 27, 2019
Component:
Service cost$1,735 $1,465 
Interest cost11,785 13,031 
Expected return on plan assets(25,427)(27,665)
Amortization of previously unrecognized items4,032 3,110 
Plan Amendment and settlement loss (gain)— 2,651 
Total net periodic pension benefit recognized$(7,875)$(7,408)
The service cost component of net periodic pension benefit is presented in the same line item as other compensation costs (direct cost of contracts and selling, general and administrative expenses) and the other components of net periodic pension expense are presented in miscellaneous income (expense), net on the Consolidated Statements of Earnings. In the first fiscal quarter of 2020, the Company incurred a settlement loss on one of its U.S. defined benefit plans of approximately $2.7 million.
The following table presents certain information regarding the Company’s cash contributions to our pension plans for fiscal 2021 (in thousands):
Cash contributions made during the first three months of fiscal 2021
$9,096 
Cash contributions projected for the remainder of fiscal 2021
28,942 
Total$38,038