XML 46 R28.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Pensions (Tables) - Pension Plans, Defined Benefit [Member] | 12 Months Ended
--- | ---
Sep. 30, 2018
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) |
2019 | 12,481 |
2020 | 11,796 |
2021 | 11,743 |
2022 | 11,695 |
2023 | 11,720 |
2024-2028 | 57,083 |
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 30 2018 |  | September 30 2018 | September 24 2017
Equity securities | 50 |  | 50 | 50
Debt securities | 35 |  | 32 | 33
TIPS | 5 |  | 4 | 4
Hedge fund investments | 10 |  | 10 | 12
Cash and cash equivalents | — |  | 4 | 1
Schedule of Assumptions Used [Table Text Block] | Weighted-average assumptions used to determine net periodic benefit cost are as follows:
(Percent) | 2018 |  |  | 2017 |  |  | 2016 |
Discount rate | 3.7 |  |  | 3.5 |  |  | 4.2 |
Expected long-term return on plan assets | 5.5 |  |  | 5.5 |  |  | 6.3 |
Weighted-average assumptions used to determine benefit obligations are as follows:
(Percent) | September 30 2018 |  | September 24 2017
Discount rate | 4.2 |  | 3.7
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) | 2018 |  |  | 2017 |  |  | 2016 |
Service cost for benefits earned during the year | 48 |  |  | 84 |  |  | 197 |
Interest cost on projected benefit obligation | 5,754 |  |  | 5,394 |  |  | 6,061 |
Expected return on plan assets | (7,933 | ) |  | (7,878 | ) |  | (8,698 | )
Amortization of net loss | 2,025 |  |  | 2,947 |  |  | 2,397 |
Amortization of prior service benefit | (136 | ) |  | (136 | ) |  | (136 | )
Net periodic pension cost (benefit) | (242 | ) |  | 411 |  |  | (179 | )
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) | 2018 |  |  | 2017 |
Benefit obligation, beginning of year | 191,645 |  |  | 202,158 |
Service cost | 48 |  |  | 84 |
Interest cost | 5,754 |  |  | 5,394 |
Actuarial loss (gain) | (9,464 | ) |  | (4,241 | )
Benefits paid | (11,452 | ) |  | (11,750 | )
Benefit obligation, end of year | 176,531 |  |  | 191,645 |
Fair value of plan assets, beginning of year: | 149,762 |  |  | 149,131 |
Actual return on plan assets | 10,576 |  |  | 14,721 |
Benefits paid | (11,452 | ) |  | (11,750 | )
Administrative expenses paid | (2,571 | ) |  | (2,340 | )
Employer contributions | 4,940 |  |  | — |
Fair value of plan assets, end of year | 151,255 |  |  | 149,762 |
Funded status | (25,276 | ) |  | (41,883 | )
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 30 2018 |  |  | September 24 2017 |
Pension obligations | (25,276 | ) |  | (41,883 | )
Accumulated other comprehensive loss (before income taxes) | (31,882 | ) |  | (43,307 | )
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 30 2018 |  |  | September 24 2017 |
Unrecognized net actuarial loss | (31,988 | ) |  | (43,550 | )
Unrecognized prior service benefit | 106 |  |  | 243 |
| (31,882 | ) |  | (43,307 | )
Schedule of Changes in Fair Value of Plan Assets [Table Text Block] | The fair value hierarchy of pension assets at September 24, 2017 is as follows:
(Thousands of Dollars) | NAV |  | Level 1 |  | Level 2 |  | Level 3 |
Cash and cash equivalents | — |  | 1,882 |  | — |  | — |
Domestic equity securities | — |  | 10,484 |  | 49,483 |  | — |
International equity securities | — |  | 7,290 |  | 8,047 |  | — |
TIPS | — |  | 6,553 |  | — |  | — |
Debt securities | 14,711 |  | 26,015 |  | 8,266 |  | — |
Hedge fund investments | 19,067 |  | — |  | — |  | — |
The fair value hierarchy of pension assets at September 30, 2018 is as follows:
(Thousands of Dollars) | NAV |  | Level 1 |  | Level 2 |  | Level 3 |
Cash and cash equivalents | — |  | 5,537 |  | — |  | — |
Domestic equity securities | 10,045 |  | 12,573 |  | 40,083 |  | — |
International equity securities | — |  | 7,070 |  | 7,560 |  | — |
TIPS | — |  | 6,535 |  | — |  | — |
Debt securities | — |  | 25,673 |  | 22,523 |  | — |
Hedge fund investments | 15,767 |  | — |  | — |  | — |

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_DefinedBenefitPlanDisclosureLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of accumulated benefit obligations and fair values of plan assets of pension plans and/or other employee benefit plans where the accumulated benefit obligation exceeds the fair value of plan assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=82843861&loc=d3e2417-114920 + Details
Name: | us-gaap_ScheduleOfAccumulatedBenefitObligationsInExcessOfFairValueOfPlanAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the major categories of plan assets of pension plans and/or other employee benefit plans. This information may include, but is not limited to, the target allocation of plan assets, the fair value of each major category of plan assets, and the level within the fair value hierarchy in which the fair value measurements fall. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (d)(5) -URI http://asc.fasb.org/extlink&oid=82843861&loc=d3e1928-114920 + Details
Name: | us-gaap_ScheduleOfAllocationOfPlanAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amounts that are recognized in the balance sheet (or statement of financial position) for pension plans and/or other employee benefit plans, showing separately the assets and current and noncurrent liabilities (if applicable) recognized. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=82843861&loc=d3e1928-114920 + Details
Name: | us-gaap_ScheduleOfAmountsRecognizedInBalanceSheetTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the net gain (loss) and net prior service cost or credit recognized in other comprehensive income (loss) for the period for pension plans and/or other employee benefit plans, and reclassification adjustments of other comprehensive income (loss) for the period, as those amounts, including amortization of the net transition asset or obligation, are recognized as components of net periodic benefit cost. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (i) -URI http://asc.fasb.org/extlink&oid=82843861&loc=d3e1928-114920 + Details
Name: | us-gaap_ScheduleOfAmountsRecognizedInOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the assumptions used to determine for pension plans and/or other employee benefit plans the benefit obligation and net benefit cost, including assumed discount rates, rate increase in compensation increase, and expected long-term rates of return on plan assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (k) -URI http://asc.fasb.org/extlink&oid=82843861&loc=d3e1928-114920 + Details
Name: | us-gaap_ScheduleOfAssumptionsUsedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation of beginning and ending balances of the fair value of plan assets of pension plans and/or other employee benefit plans showing separately, if applicable, the effects during the period attributable to each of the following: actual return on plan assets, foreign currency exchange rate changes, contributions by the employer, contributions by plan participants, benefits paid, business combinations, divestitures, and settlements. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=82843861&loc=d3e1928-114920 + Details
Name: | us-gaap_ScheduleOfChangesInFairValueOfPlanAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of one or more of the entity's defined benefit pension plans or one or more other defined benefit postretirement plans, separately for pension plans and other postretirement benefit plans including the entity's schedule of fair value of plan assets for defined benefit or other postretirement plans. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=82843861&loc=d3e2439-114920 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=82843861&loc=d3e2417-114920 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=82843861&loc=d3e2410-114920 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 55 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=77993564&loc=d3e4179-114921 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=82843861&loc=d3e1928-114920 + Details
Name: | us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of benefits expected to be paid by pension plans and/or other employee benefit plans in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=82843861&loc=d3e1928-114920 + Details
Name: | us-gaap_ScheduleOfExpectedBenefitPaymentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_RetirementPlanTypeAxis=us-gaap_PensionPlansDefinedBenefitMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |