v3.25.2
PENSION AND OTHER POST-RETIREMENT BENEFIT PLANS
 6 Months Ended
Jun. 29, 2025
Retirement Benefits [Abstract]  
PENSION AND OTHER POST-RETIREMENT BENEFIT PLANS PENSION AND OTHER POST-RETIREMENT BENEFIT PLANS
Net Periodic Benefit Cost
The components of net periodic benefit cost for the three months ended June 29, 2025 and June 30, 2024 were as follows:
Pension BenefitsOther Benefits
Three Months EndedThree Months Ended
June 29, 2025June 30, 2024June 29, 2025June 30, 2024
Service cost$3,537$3,836$29$33
Interest cost9,249 9,646 1,232 1,213 
Expected return on plan assets(12,046)(12,799)— — 
Amortization of prior service credit(890)(1,373)(96)(37)
Amortization of net loss (gain)3,554 3,808 314 139 
Total net periodic benefit cost$3,404 $3,118 $1,479 $1,348 
We made contributions of $423 and $2,994 to our pension plans and other benefits plans, respectively, during the second quarter of 2025. In the second quarter of 2024, we made contributions of $170 and $2,890 to our pension plans and other benefit plans, respectively. The contributions in 2025 and 2024 also included benefit payments from our non-qualified pension plans and post-retirement benefit plans.
The components of net periodic benefit cost for the six months ended June 29, 2025 and June 30, 2024 were as follows:  
Pension BenefitsOther Benefits
Six Months EndedSix Months Ended
June 29, 2025June 30, 2024June 29, 2025June 30, 2024
Service cost$7,039$7,685$56$67
Interest cost18,469 19,333 2,460 2,431 
Expected return on plan assets(24,057)(25,607)— — 
Amortization of prior service credit(1,779)(2,746)(192)(75)
Amortization of net loss (gain)7,107 7,621 629 278 
Total net periodic benefit cost$6,779 $6,286 $2,953 $2,701 
We made contributions of $1,112 and $5,431 to our pension plans and other benefits plans, respectively, during the first six months of 2025. In the first six months of 2024, we made contributions of $986 and $4,482 to our pension plans and other benefit plans, respectively. The contributions in 2025 and 2024 also included benefit payments from our non-qualified pension plans and post-retirement benefit plans.
The non-service cost components of net periodic benefit cost relating to pension and other post-retirement benefit plans are reflected within other (income) expense, net in the Consolidated Statements of Income (see Note 17).