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Pension Benefits
3 Months Ended
Mar. 24, 2012
Compensation and Retirement Disclosure [Abstract]  
Pension and Postretirement Medical Benefits
Pension Benefits

We sponsor noncontributory defined benefit pension plans covering certain full-time salaried and hourly U.S. employees.  The most significant of these plans, the YUM Retirement Plan (the “Plan”), is funded while benefits from the other U.S. plan are paid by the Company as incurred.  During 2001, the plans covering our U.S. salaried employees were amended such that any salaried employee hired or rehired by YUM after September 30, 2001 is not eligible to participate in those plans.  We also sponsor various defined benefit pension plans covering certain of our non-U.S. employees, the most significant of which are in the UK.  Our plans in the UK have previously been amended such that new employees are not eligible to participate in those plans and, during 2011, one of our UK plans was frozen such that existing participants can no longer earn future service credits.

The components of net periodic benefit cost associated with our U.S. pension plans and significant international pension plans are as follows:

 
U.S. Pension Plans
 
International Pension Plans
 
Quarter ended
 
Quarter ended
 
3/24/2012
 
3/19/2011
 
3/24/2012
 
3/19/2011
Service cost
$
6

 
$
5

 
$

 
$
1

Interest cost
15

 
15

 
2

 
2

Expected return on plan assets
(16
)
 
(16
)
 
(2
)
 
(2
)
Amortization of net loss
15

 
7

 

 

Net periodic benefit cost
$
20

 
$
11

 
$

 
$
1



We made no contributions to the Plan during the quarter ended March 24, 2012. Subsequent to March 24, 2012, we made a contribution of $33 million to the Plan. While we are not required to make further contributions to the Plan in 2012, we may choose to make additional discretionary contributions as part of our overall capital structure strategy. We contributed $7 million to one of our UK plans during the quarter ended March 24, 2012. We do not anticipate making any additional significant contributions to any plan outside of the U.S. in 2012.