v3.23.3
PENSION AND OTHER POST-RETIREMENT BENEFIT PLANS (Tables)
9 Months Ended
Oct. 01, 2023
Retirement Benefits [Abstract]  
Schedule of Components of Net Periodic Benefit Cost
The components of net periodic benefit cost for the three months ended October 1, 2023 and October 2, 2022 were as follows:
Pension BenefitsOther Benefits
Three Months EndedThree Months Ended
October 1, 2023October 2, 2022October 1, 2023October 2, 2022
Service cost$3,747$4,028$57$80
Interest cost10,259 8,810 1,794 1,154 
Expected return on plan assets(12,275)(11,973)— — 
Amortization of prior service credit(1,414)(1,413)(13)— 
Amortization of net loss (gain)4,974 4,563 (242)26 
Settlement loss943 3,728 926 — 
Total net periodic benefit cost$6,234 $7,743 $2,522 $1,260 
The components of net periodic benefit cost for the nine months ended October 1, 2023 and October 2, 2022 were as follows:
 
Pension BenefitsOther Benefits
Nine Months EndedNine Months Ended
October 1, 2023October 2, 2022October 1, 2023October 2, 2022
Service cost$11,269$13,639$166$238
Interest cost30,819 20,438 5,984 3,467 
Expected return on plan assets(37,041)(36,788)— — 
Amortization of prior service credit(4,243)(4,238)(13)— 
Amortization of net loss14,961 10,402 (901)77 
Settlement loss5,332 14,104 926 — 
Total net periodic benefit cost$21,097 $17,557 $6,162 $3,782