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Pensions (Tables) - Pension Plans, Defined Benefit [Member]
12 Months Ended
Sep. 25, 2016
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Expected Benefit Payments [Table Text Block]
We anticipate future benefit payments to be paid from the pension trust as follows:
(Thousands of Dollars)
 
 
 
2017
11,803

2018
11,735

2019
11,757

2020
11,728

2021
11,735

2022-2026
58,487

Schedule of Allocation of Plan Assets [Table Text Block]
The weighted-average asset allocation of our pension assets is as follows:
(Percent)
Policy Allocation

Actual Allocation
Asset Class
September 25 2016

September 25
2016
September 27
2015
 
 
 
 
Equity securities
50

50
46
Debt securities
35

33
37
TIPS
5

4
4
Hedge fund investments
10

11
11
Cash and cash equivalents

2
2
Schedule of Assumptions Used [Table Text Block]
Weighted-average assumptions used to determine benefit obligations are as follows:
(Percent)
September 25
2016
 
September 27
2015
 
 
 
 
Discount rate
3.5
 
4.2
Weighted-average assumptions used to determine net periodic benefit cost are as follows:
(Percent)
2016

 
2015

 
2014

 
 
 
 
 
 
Discount rate
4.2

 
4.2

 
4.7

Expected long-term return on plan assets
6.3

 
6.8

 
7.0

Schedule of Defined Benefit Plans Disclosures [Table Text Block]
The net periodic cost (benefit) components of our pension plans are as follows:
(Thousands of Dollars)
2016

 
2015

 
2014

 
 
 
 
 
 
Service cost for benefits earned during the year
197

 
232

 
156

Interest cost on projected benefit obligation
6,061

 
8,122

 
7,996

Expected return on plan assets
(8,698
)
 
(9,863
)
 
(9,932
)
Amortization of net loss
2,397

 
1,682

 
423

Amortization of prior service benefit
(136
)
 
(136
)
 
(136
)
Net periodic pension cost (benefit)
(179
)
 
37

 
(1,493
)
Schedule of Accumulated Benefit Obligations in Excess of Fair Value of Plan Assets [Table Text Block]
Changes in benefit obligations and plan assets are as follows:
(Thousands of Dollars)
2016

 
2015

 
 
 
 
Benefit obligation, beginning of year
193,751

 
199,197

Service cost
197

 
232

Interest cost
6,061

 
8,122

Actuarial loss (gain)
13,630

 
(2,543
)
Benefits paid
(11,481
)
 
(11,257
)
Benefit obligation, end of year
202,158

 
193,751

Fair value of plan assets, beginning of year:
143,288

 
151,013

Actual return on plan assets
14,819

 
1,817

Benefits paid
(11,481
)
 
(11,257
)
Administrative expenses paid
(2,099
)
 
(1,862
)
Employer contributions
4,604

 
3,577

Fair value of plan assets, end of year
149,131

 
143,288

Funded status - benefit obligation in excess of plan assets
53,027

 
50,463

Schedule of Amounts Recognized in Balance Sheet [Table Text Block]
Disaggregated amounts recognized in the Consolidated Balance Sheets are as follows:
(Thousands of Dollars)
September 25
2016

 
September 27
2015

 
 
 
 
Pension obligations
53,027

 
50,463

Accumulated other comprehensive loss (before income taxes)
(54,862
)
 
(47,515
)
Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]
Amounts recognized in accumulated other comprehensive income (loss) are as follows:
(Thousands of Dollars)
September 25
2016

 
September 27
2015

 
 
 
 
Unrecognized net actuarial loss
(55,241
)
 
(48,031
)
Unrecognized prior service benefit
379

 
516

 
(54,862
)
 
(47,515
)
Schedule of Changes in Fair Value of Plan Assets [Table Text Block]
The fair value hierarchy of pension assets at September 25, 2016 is as follows:
(Thousands of Dollars)
NAV

Level 1

Level 2

 
 
 
 
Cash and cash equivalents

2,757


Domestic equity securities

9,669

49,809

International equity securities

6,773

7,755

TIPS

6,883


Debt securities
14,558

25,612

9,648

Hedge fund investments
17,531



The fair value hierarchy of pension assets at September 27, 2015 is as follows:
(Thousands of Dollars)
NAV

Level 1

Level 2

 
 
 
 
Cash and cash equivalents

2,407


Domestic equity securities

8,153

44,470

International equity securities

6,286

7,389

TIPS

6,450


Debt securities
17,246

31,196

4,124

Hedge fund investments
17,344