Pension and Other Postretirement Benefits

9 Months Ended

Sep. 28, 2012

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
	Third Quarter Ended						Year-to-Date Ended						Third Quarter Ended						Year-to-Date Ended
	September 28, 2012			September 30, 2011			September 28, 2012			September 30, 2011			September 28, 2012			September 30, 2011			September 28, 2012			September 30, 2011
	(in millions)
Components of net periodic benefit cost:
Service cost	$	26		$	24		$	85		$	80		$	—		$	1		$	3		$	4
Interest cost		34			32			100			96			2			3			7			8
Expected return on plan assets		(37	)		(34	)		(108	)		(104	)		—			(1	)		(2	)		(2	)
Amortization of prior service credits		1			—			1			—			(1	)		—			(2	)		(2	)
Amortization of net loss (gain)		17			11			51			38			—			(1	)		1			—
Curtailment loss (gain)		4			(2	)		5			—			—			—			—			—
Net periodic benefit cost	$	45		$	31		$	134		$	110		$	1		$	2		$	7		$	8

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 $138 million to its pension plans and $8 million to its postretirement benefit plans during the year-to-date period ended September 28, 2012.