XML 68 R16.htm IDEA: XBRL DOCUMENT v2.3.0.15
Defined Benefit Postretirement Plans
9 Months Ended
Sep. 30, 2011
Defined Benefit Postretirement Plans Disclosure [Abstract] 
Defined Benefit Postretirement Plans

9.       Defined Benefit Postretirement Plans

The following summarizes the components of net periodic benefit cost related to continuing operations:

 Three Months Ended September 30,
 Pension Benefits Other Benefits
(In millions)2011 2010 2011 2010
Service cost$12 $12 $1 $0
Interest cost 17  17  4  4
Expected return on plan assets (16)  (16)  0  0
Amortization:           
– prior service cost (credit) 1  2  (2)  (2)
– actuarial loss 12  12  0  0
– net settlement 0  8  0  0
Net periodic benefit cost$26 $35 $3 $2

 Nine Months Ended September 30,
 Pension Benefits Other Benefits
(In millions)2011 2010 2011 2010
Service cost$35 $35 $3 $2
Interest cost 50  52  12  12
Expected return on plan assets (49)  (48)  0   -
Amortization:           
– prior service cost (credit) 4  5  (5)  (5)
– actuarial loss 37  37  0   -
– net settlement/curtailment loss 0  8  0  0
Net periodic benefit cost$77 $89 $10 $9

During the first nine months of 2011, we made contributions related to continuing operations of $43 million to our funded pension plans. We expect to make additional contributions up to an estimated $13 million to our funded pension plans over the remainder of 2011, most of which were made in October 2011. Current benefit payments related to unfunded pension and other postretirement benefit plans of our continuing operations were $4 million and $14 million during the first nine months of 2011.