Pension and Other Postretirement Benefits

6 Months Ended

Jun. 29, 2012

Pension and Other Postretirement Benefits [Abstract]

Pension and Other Postretirement Benefits

17.  Pension and Other Postretirement Benefits

The following table summarizes the components of net periodic benefit cost for the Company’s pension and postretirement benefit plans.

	Pension Plans												Postretirement Benefit Plans
	Second Quarter Ended						First Half Ended						Second Quarter Ended						First Half Ended
	June 29, 2012			July 1, 2011			June 29, 2012			July 1, 2011			June 29, 2012			July 1, 2011			June 29, 2012			July 1, 2011
	(in millions)
Components of net periodic benefit cost:
Service cost	$	29		$	28		$	59		$	56		$	2		$	2		$	3		$	3
Interest cost		33			32			66			64			2			2			5			5
Expected return on plan assets		(36	)		(35	)		(71	)		(70	)		(1	)		—			(2	)		(1	)
Amortization of prior service credits		—			—			—			—			(1	)		(1	)		(1	)		(2	)
Amortization of net losses		17			13			34			27			1			1			1			1
Curtailment loss (gain)		—			1			1			2			—			(1	)		—			—
Net periodic benefit cost	$	43		$	39		$	89		$	79		$	3		$	3		$	6		$	6

Contributions. For the year ending December 31, 2012, the Company currently expects to contribute cash of approximately $174 million to its pension plans, and approximately $13 million to its postretirement benefit plans. The Company contributed cash of $91 million to its pension plans and $6 million to its postretirement benefit plans during the first half ended June 29, 2012.