Pension and Other Benefit Programs

3 Months Ended

Dec. 29, 2018

The components of net periodic benefit cost are as follows:



	Pension Plans						Postretirement Medical Plans
	Quarter Ended						Quarter Ended
	December 29, 2018			December 30, 2017			December 29, 2018			December 30, 2017
Service costs	$	83		$	88		$	2		$	3
Other costs (benefits):
Interest costs	145			123			16			15
Expected return on plan assets	(239		)	(225		)	(14		)	(13		)
Amortization of prior-year service costs	3			3			—			—
Recognized net actuarial loss	64			87			—			3
Total other costs (benefits)	(27		)	(12		)	2			5
Net periodic benefit cost	$	56		$	76		$	4		$	8

On September 30, 2018, the Company adopted a FASB standard on the presentation of the components of net periodic pension and postretirement benefit cost (“net periodic benefit cost”). This standard requires the Company to present the service cost component of net periodic benefit cost in the same line items on the statement of operations as other compensation costs of the related employees (i.e. “Costs and expense” in the Condensed Consolidated Statement of Income). All of the other components of net periodic benefit cost (“other costs / benefits”) are presented as a component of “Interest expense, net” in the Condensed Consolidated Statement of Income (see Note 5). The other costs / benefits in fiscal 2018 were not material and are reported in Costs and expenses.

During the quarter ended December 29, 2018, the Company did not make material contributions to its pension and postretirement medical plans. The Company expects total pension and postretirement medical plan contributions in fiscal 2019 of approximately $600 million to $700 million. However, final funding amounts for fiscal 2019 will be assessed based on our January 1, 2019 funding actuarial valuation, which will be available in the fourth quarter of fiscal 2019.