XML 60 R50.htm IDEA: XBRL DOCUMENT
v3.24.2

Pension and Postretirement Benefit Obligations (Tables) | 6 Months Ended
--- | ---
Jun. 28, 2024
Retirement Benefits [Abstract] |
Summary of Components of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost | The components of total pension expense were as follows:
|  | Second Quarter |  | First Half
(in thousands) |  | 2024 |  | 2023 |  | 2024 |  | 2023
Service cost |  | $ | 1,091 |  |  | $ | 1,100 |  |  | $ | 2,182 |  |  | $ | 2,199 |
Interest cost |  | 588 |  |  | 3,508 |  |  | 1,177 |  |  | 7,016 |
Expected return on plan assets |  | (762) |  |  | (2,914) |  |  | (1,525) |  |  | (5,828) |
Recognized net actuarial loss |  | — |  |  | 973 |  |  | — |  |  | 1,946 |
Amortization of prior service cost |  | 4 |  |  | 4 |  |  | 8 |  |  | 8 |
Net periodic pension cost |  | 921 |  |  | 2,671 |  |  | 1,842 |  |  | 5,341 |
Settlement expense |  | — |  |  | 39,777 |  |  | — |  |  | 39,777 |
Total pension expense |  | $ | 921 |  |  | $ | 42,448 |  |  | $ | 1,842 |  |  | $ | 45,118 |
The components of net periodic postretirement benefit cost were as follows:
|  | Second Quarter |  | First Half
(in thousands) |  | 2024 |  | 2023 |  | 2024 |  | 2023
Service cost |  | $ | 310 |  |  | $ | 294 |  |  | $ | 620 |  |  | $ | 588 |
Interest cost |  | 781 |  |  | 697 |  |  | 1,562 |  |  | 1,395 |
Recognized net actuarial loss |  | 26 |  |  | — |  |  | 52 |  |  | — |
Net periodic postretirement benefit cost |  | $ | 1,117 |  |  | $ | 991 |  |  | $ | 2,234 |  |  | $ | 1,983 |

X
- References No definition available. + Details
Name: | us-gaap_CompensationAndRetirementDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 -Topic 715 -SubTopic 20 -Subparagraph (h) -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480506/715-20-50-1 + Details
Name: | us-gaap_ScheduleOfNetBenefitCostsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration