XML 34 R20.htm IDEA: XBRL DOCUMENT v3.7.0.1
Pension and other postretirement benefits
 3 Months Ended
Apr. 02, 2017
Compensation and Retirement Disclosure [Abstract]  
Pension and other postretirement benefits
Note 12 — Pension and other postretirement benefits
The Company has a number of defined benefit pension and postretirement plans covering eligible U.S. and non-U.S. employees. As of April 2, 2017, no further benefits are being accrued under the Company’s U.S. defined benefit pension plans and the Company’s other postretirement benefit plans, other than certain postretirement benefit plans covering employees subject to a collective bargaining agreement.
Net pension and other postretirement benefits expense (income) consist of the following:
 
Pension
Three Months Ended
 
Other Postretirement Benefits
Three Months Ended
 
April 2, 2017
 
March 27, 2016
 
April 2, 2017
 
March 27, 2016
 
(Dollars in thousands)
Service cost
$
717

 
$
652

 
$
74

 
$
111

Interest cost
3,785

 
3,920

 
378

 
406

Expected return on plan assets
(6,743
)
 
(6,198
)
 
—

 
—

Net amortization and deferral
1,690

 
1,579

 
65

 
57

Net benefits expense (income)
$
(551
)
 
$
(47
)
 
$
517

 
$
574