XML 32 R27.htm IDEA: XBRL DOCUMENT v2.4.0.8
Pension and Other Postretirement Benefits
9 Months Ended
Sep. 27, 2013
Compensation And Retirement Disclosure [Abstract]  
Pension and Other Postretirement Benefits

18.  Pension and Other Postretirement Benefits

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

 

    Pension Plans     Postretirement Benefit Plans  
    Third Quarter Ended     Year-to-Date Ended     Third Quarter Ended     Year-to-Date Ended  
    September 27,
2013
    September 28,
2012
    September 27,
2013
    September 28,
2012
    September 27,
2013
    September 28,
2012
    September 27,
2013
    September 28,
2012
 
    (in millions)  

Components of net periodic benefit cost:

               

Service cost

  $ 30      $ 26      $ 95      $ 85      $ 1      $  —        $ 3      $ 3   

Interest cost

    33        34        99        100        2        2        5        7   

Expected return on plan assets

    (41     (37     (124     (108     —          —          (2     (2

Amortization of prior service costs (credits)

    1        1        1        1        (1     (1     (2     (2

Amortization of net loss

    20        17        63        51        —          —          1        1   

Curtailment loss

    2        4        2        5        —          —          —          —     
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net periodic benefit cost

  $ 45      $ 45      $ 136      $ 134      $ 2      $ 1      $ 5      $ 7   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Contributions. The Company contributed cash of $93 million to its pension plans and $5 million to its other postretirement benefit plans during the year-to-date period ended September 27, 2013. The Company expects to contribute an additional $13 million to $52 million to its pension plans and $6 million to its other postretirement benefit plans during the fourth quarter ended December 31, 2013.