47 Note H Long-term Debt and Other Borrowing Arrangements Note I Pension and Other Post-retirement Benefits Dividends received from affiliates for the fiscal years ended  October 26, 2014, October 27, 2013, and October 28, 2012,  were $22.8 million, $34.0 million, and $37.1 million, respec- tively. The Company recognized a basis difference of $21.3  million associated with the formation of MegaMex Foods, LLC,  of which $17.0 million is remaining as of October 26, 2014.  This difference is being amortized through equity in earnings  of affiliates. Long-term debt consists of: The Company has several defined benefit plans and defined  contribution plans covering most employees. Total costs asso- ciated with the Company’s defined contribution benefit plans  in 2014, 2013, and 2012 were $30.1 million, $29.9 million, and  $27.8 million, respectively. Benefits for defined benefit pension  plans covering hourly employees are provided based on stated  amounts for each year of service, while plan benefits covering  salaried employees are based on final average compensation.  The Company’s funding policy is to make annual contribu- tions of not less than the minimum required by applicable  regulations. Actuarial gains and losses and any adjustments  resulting from plan amendments are deferred and amortized  to expense over periods ranging from 8-22 years. The Company has a $300.0 million revolving line of credit  which matures in November 2016 and bears interest at a variable rate based on LIBOR. As of October 26, 2014, and  October 27, 2013, the Company had no outstanding draws  from this line of credit. A fixed fee is paid for the availability of this credit line. Certain groups of employees are eligible for post-retirement  health or welfare benefits. Benefits for retired employees vary  for each group depending on respective retirement dates and  applicable plan coverage in effect. Contribution requirements  for retired employees are governed by the Retiree Health  Care Payment Program and may change each year as the  cost to provide coverage is determined. Eligible employees  hired after January 1, 1990, may receive post-retirement  medical coverage but must pay the full cost of the coverage.  On October 17, 2012, the plan was amended, effective April  1, 2013, to terminate coverage for certain nonunion retirees  who retired on or after August 1, 2002, and who are or will be  Medicare eligible. If the cost of the nonunion retiree coverage  is currently subsidized by the Company for the affected retir- ees, credits will be established in a health reimbursement  account to help reimburse the retiree for the cost of purchas- ing coverage in the individual market. Actuarial gains and  losses and any adjustments resulting from plan amendments  are deferred and amortized to expense over periods ranging  from 6-18 years. The Company is required by certain covenants in its debt  agreements to maintain specified levels of financial ratios and financial position. At the end of the current fiscal year, the Company was in compliance with all of these covenants. Total interest paid during fiscal 2014, 2013, and 2012 was  $12.7 million, $12.5 million, and $12.9 million, respectively. In 2011, an amendment was enacted for a defined benefit plan which included a change in the pension formula effective January 1, 2017. The amended formula remains a defined benefit formula, but will base the accrued benefit credit on age and  service and define the benefit as a lump sum. Effective October 31, 2016, the 401k match for these participants will be increased. Net periodic cost of defined benefit plans included the following: Pension Benefits  Post-retirement Benefits (in thousands)  2014 2013  2012  2014 2013  2012 Service cost  $ 25,935 $ 30,979  $ 23,425  $ 1,963 $ 2,494  $ 2,272 Interest cost  53,030  47,688   49,135  15,279  14,910   17,910 Expected return on plan assets  (83,702)  (73,144)   (68,511)  – –  – Amortization of prior service cost  (4,971) (5,079)  (5,079)  (1,337)  (1,332)  3,561 Recognized actuarial loss (gain)  12,697  34,019   20,130  (2) 7,719  (3) Curtailment charge  – 6  –  – –  – Net periodic cost  $  2,989 $ 34,469  $ 19,100  $15,903 $23,791  $23,740 October 26,  October 27,  (in thousands)  2014 2013 Senior unsecured notes, with interest at 4.125%, interest due semi-annually through April 2021 maturity date  $250,000 $250,000 Less current maturities  – – Total  $250,000 $250,000