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PENSION AND OTHER POSTRETIREMENT BENEFITS
9 Months Ended
Sep. 28, 2014
Compensation and Retirement Disclosure [Abstract]  
PENSION AND OTHER POSTRETIREMENT BENEFITS
PENSION AND OTHER POSTRETIREMENT BENEFITS
The Company sponsors programs that provide retirement benefits to most of its employees. These programs include qualified defined benefit pension plans, nonqualified defined benefit retirement plans, a defined benefit postretirement life insurance plan and defined contribution retirement savings plans. Expenses recognized under all of these retirement plans totaled $1.5 million and $1.9 million in the thirteen weeks ended September 28, 2014 and September 29, 2013, respectively. Expenses recognized under all of these retirement plans totaled $4.3 million and $5.7 million in the thirty-nine weeks ended September 28, 2014 and September 29, 2013, respectively.
Net defined benefit pension and other postretirement costs included the following components:
 
Thirteen Weeks Ended
 
Thirty-Nine Weeks Ended
September 28, 2014
 
September 29, 2013
 
September 28, 2014
 
September 29, 2013
 
Pension Benefits
 
Other Benefits
 
Pension Benefits
 
Other Benefits
 
Pension Benefits
 
Other Benefits
 
Pension Benefits
 
Other Benefits
 
(In thousands)
Service cost
$

 
$

 
$
(20
)
 
$

 
$

 
$

 
$

 
$

Interest cost
2,026

 
20

 
1,988

 
20

 
6,078

 
60

 
5,965

 
59

Estimated return on
     plan assets
(1,593
)
 

 
(1,349
)
 

 
(4,780
)
 

 
(4,048
)
 

Amortization of net
     loss (gain)
14

 

 
250

 

 
42

 

 
751

 

Net costs
$
447

 
$
20

 
$
869

 
$
20

 
$
1,340

 
$
60

 
$
2,668

 
$
59


During the thirteen and thirty-nine weeks ended September 28, 2014, the Company contributed $8.2 million and $11.6 million, respectively, to its defined benefit plans.
The Company remeasures both plan assets and obligations on a quarterly basis.
The Company and certain retirement plans that it sponsors invest in a variety of financial instruments. Certain postretirement funds in which the Company participates hold significant amounts of mortgage-backed securities. However, none of the mortgages collateralizing these securities are considered subprime.