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Pension Benefits
8 Months Ended
Sep. 03, 2016
Compensation and Retirement Disclosure [Abstract]  
Pension Benefits Pension Benefits

We sponsor qualified and supplemental (non-qualified) 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. We fund our other U.S. plans as benefits are paid.  The Plan and our most significant non-qualified plan in the U.S. are closed to new salaried participants.  

Subsequent to the quarter ended September 3, 2016 we contributed $20 million to the Plan, and do not expect to make any further significant contributions in 2016.

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

 
Quarter ended
 
Year to date
 
2016
 
2015
 
2016
 
2015
Service cost
$
4

 
$
5

 
$
12

 
$
13

Interest cost
12

 
13

 
37

 
38

Expected return on plan assets
(15
)
 
(15
)
 
(45
)
 
(43
)
Amortization of net loss
1

 
10

 
4

 
31

Amortization of prior service cost
2

 
1

 
4

 
1

Net periodic benefit cost
$
4

 
$
14

 
$
12

 
$
40

 
 
 
 
 
 
 
 
Additional loss (gain) recognized due to settlements(a)
$
1

 
$

 
$
1

 
$
1



(a)
Losses are a result of settlement transactions from a non-funded plan which exceeded the sum of annual service and interest costs for that plan. These losses were recorded in G&A expenses.