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Pension and Other Postretirement Benefit Plans (Tables)

6 Months Ended

Apr. 01, 2022

Retirement Benefits [Abstract]

Schedule of Pension Plans' Net Benefit Obligation

The following table presents the components of net periodic pension benefit recognized in earnings during the three and six months ended April 1, 2022 and April 2, 2021 (in thousands):

			Three Months Ended												Six Months Ended
			April 1, 2022						April 2, 2021						April 1, 2022						April 2, 2021
Component:
Service cost			$	1,709					$	1,735					$	3,418					$	3,471
Interest cost			13,784						11,785						27,568						23,569
Expected return on plan assets			(23,263)						(25,427)						(46,526)						(50,855)
Amortization of previously unrecognized items			3,092						4,032						6,184						8,064
Total net periodic pension benefit recognized			$	(4,678)					$	(7,875)					$	(9,356)					$	(15,751)

Certain Information Regarding Cash Contributions

The following table presents certain information regarding the Company’s cash contributions to our pension plans for fiscal 2022 (in thousands):

Cash contributions made during the first six months of fiscal 2022			$	16,761
Cash contributions projected for the remainder of fiscal 2022			21,960
Total			$	38,721

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- Definition

Tabular disclosure of cash contributions to company pension plans

+ References

No definition available.

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- Definition

Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (h)
-URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920

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