XML 90 R78.htm IDEA: XBRL DOCUMENT
v3.19.2

PENSION AND OTHER POSTRETIREMENT BENEFITS - Schedule of Fair Value Assumptions of Plan Assets (Details) - USD ($) $ in Thousands | Jun. 30, 2019 | Dec. 30, 2018
--- | --- | ---
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | $ 110,104 | $ 102,414
Level 1 |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 967 | 110
Level 2 |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 109,137 | 102,304
Level 3 |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 0 | 0
Cash and cash equivalents |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 966 | 110
Cash and cash equivalents | Level 1 |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 966 | 110
Cash and cash equivalents | Level 2 |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 0 | 0
Cash and cash equivalents | Level 3 |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 0 | 0
Interest income receivable |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 1 | 0
Interest income receivable | Level 1 |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 1 | 0
Interest income receivable | Level 2 |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 0 | 0
Interest income receivable | Level 3 |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 0 | 0
Large U.S. equity funds | Pooled separate accounts |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 3,036 | 2,491
Large U.S. equity funds | Pooled separate accounts | Level 1 |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 0 | 0
Large U.S. equity funds | Pooled separate accounts | Level 2 |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 3,036 | 2,491
Large U.S. equity funds | Pooled separate accounts | Level 3 |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 0 | 0
Large U.S. equity funds | Common collective trusts funds |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 20,013 | 17,351
Large U.S. equity funds | Common collective trusts funds | Level 1 |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 0 | 0
Large U.S. equity funds | Common collective trusts funds | Level 2 |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 20,013 | 17,351
Large U.S. equity funds | Common collective trusts funds | Level 3 |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 0 | 0
Small/Mid U.S. equity funds | Pooled separate accounts |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 364 | 292
Small/Mid U.S. equity funds | Pooled separate accounts | Level 1 |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 0 | 0
Small/Mid U.S. equity funds | Pooled separate accounts | Level 2 |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 364 | 292
Small/Mid U.S. equity funds | Pooled separate accounts | Level 3 |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 0 | 0
Small/Mid U.S. equity funds | Common collective trusts funds |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 6,475 | 5,880
Small/Mid U.S. equity funds | Common collective trusts funds | Level 1 |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 0 | 0
Small/Mid U.S. equity funds | Common collective trusts funds | Level 2 |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 6,475 | 5,880
Small/Mid U.S. equity funds | Common collective trusts funds | Level 3 |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 0 | 0
International equity funds | Pooled separate accounts |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 1,730 | 1,489
International equity funds | Pooled separate accounts | Level 1 |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 0 | 0
International equity funds | Pooled separate accounts | Level 2 |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 1,730 | 1,489
International equity funds | Pooled separate accounts | Level 3 |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 0 | 0
International equity funds | Common collective trusts funds |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 23,376 | 22,516
International equity funds | Common collective trusts funds | Level 1 |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 0 | 0
International equity funds | Common collective trusts funds | Level 2 |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 23,376 | 22,516
International equity funds | Common collective trusts funds | Level 3 |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 0 | 0
Fixed income funds | Pooled separate accounts |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 4,670 | 4,763
Fixed income funds | Pooled separate accounts | Level 1 |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 0 | 0
Fixed income funds | Pooled separate accounts | Level 2 |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 4,670 | 4,763
Fixed income funds | Pooled separate accounts | Level 3 |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 0 | 0
Fixed income funds | Common collective trusts funds |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 44,003 | 42,217
Fixed income funds | Common collective trusts funds | Level 1 |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 0 | 0
Fixed income funds | Common collective trusts funds | Level 2 |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 44,003 | 42,217
Fixed income funds | Common collective trusts funds | Level 3 |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 0 | 0
Real estate | Common collective trusts funds |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 5,470 | 5,305
Real estate | Common collective trusts funds | Level 1 |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 0 | 0
Real estate | Common collective trusts funds | Level 2 |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | 5,470 | 5,305
Real estate | Common collective trusts funds | Level 3 |  |
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items] |  |
Fair value of plan assets | $ 0 | $ 0

X
- Definition Amount of asset segregated and restricted to provide benefit under defined benefit plan. Asset includes, but is not limited to, stock, bond, other investment, earning from investment, and contribution by employer and employee. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (d)(iv)(01) -URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (d)(iv)(01) -URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (d)(ii) -URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920 Reference 4: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 55 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=118257860&loc=d3e4179-114921 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920 Reference 6: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (d)(ii) -URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920 + Details
Name: | us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DefinedBenefitPlansAndOtherPostretirementBenefitPlansTableTextBlockLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis=us-gaap_DefinedBenefitPlanCashAndCashEquivalentsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis=ppc_DefinedBenefitPlanInterestIncomeReceivableMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis=us-gaap_DefinedBenefitPlanEquitySecuritiesUsLargeCapMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_InvestmentSecondaryCategorizationAxis=ppc_PooledSeparateAccountsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_InvestmentSecondaryCategorizationAxis=ppc_CommonCollectiveTrustFundsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis=us-gaap_DefinedBenefitPlanEquitySecuritiesUsSmallCapMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis=us-gaap_DefinedBenefitPlanEquitySecuritiesNonUsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis=us-gaap_DefinedBenefitPlanDebtSecurityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis=us-gaap_DefinedBenefitPlanRealEstateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |