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Pension and Other Postretirement Benefits
9 Months Ended
Sep. 23, 2016
Compensation and Retirement Disclosure [Abstract]  
Pension and Other Postretirement Benefits

19.  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 23,
2016
    September 25,
2015
    September 23,
2016
    September 25,
2015
    September 23,
2016
    September 25,
2015
    September 23,
2016
    September 25,
2015
 
               
    (in millions)  

Components of net periodic benefit cost:

               

Service cost

  $ 25      $ 29      $ 80      $ 93      $ —        $ —        $ 1      $ 2   

Interest cost

    32        38        101        112        1        1        4        5   

Expected return on plan assets

    (47     (51     (149     (155     (1     (1     (3     (3

Amortization of prior service costs (credits)

    —          —          —          1        —          —          (1     (2

Amortization of net loss (gains)

    13        17        39        51        (1     —          (1     —     

Curtailment loss

    —          3        —          3        —          —          —          —     
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net periodic benefit cost

  $ 23      $ 36      $ 71      $ 105      $ (1   $  —        $  —        $ 2   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Contributions. The Company contributed cash of $49 million to its pension plans and $4 million to its other postretirement benefit plans during the year-to-date period ended September 23, 2016. The Company expects to contribute an additional $51 million to its pension plans and $6 million to its other postretirement benefit plans during the remainder of 2016.