XML 54 R18.htm IDEA: XBRL DOCUMENT v2.4.0.6
Employee Benefit Plans
 3 Months Ended
Mar. 31, 2012
Compensation and Retirement Disclosure [Abstract]  
Employee Benefit Plans
Employee Benefit Plans
The components of Net periodic benefit cost and other changes in plan assets and benefit obligations were as follows:
 
 
Pension Benefits
 
Retiree Health
 
Three Months Ended
March 31,
 
Three Months Ended
March 31,
 
2012
 
2011
 
2012
 
2011
Components of Net Periodic Benefit Costs:
Service cost
$
51

 
$
48

 
$
2

 
$
2

Interest cost
115

 
118

 
11

 
12

Expected return on plan assets
(129
)
 
(127
)
 
—

 
—

Recognized net actuarial loss
27

 
17

 
—

 
—

Amortization of prior service credit
(6
)
 
(6
)
 
(10
)
 
(10
)
Recognized settlement loss
16

 
30

 
—

 
—

Defined benefit plans
74

 
80

 
3

 
4

Defined contribution plans
16

 
16

 
—

 
—

Net periodic benefit cost
90

 
96

 
3

 
4

 
 
 
 
 
 
 
 
Other changes in plan assets and benefit obligations recognized in Other Comprehensive Income:
Net actuarial gain
(1
)
 
—

 
—

 
—

Amortization of net prior service credit
6

 
6

 
10

 
10

Amortization of net actuarial losses
(43
)
 
(47
)
 
—

 
—

Total recognized in Other Comprehensive Income(1)
(38
)
 
(41
)
 
10

 
10

Total recognized in Net Periodic Benefit Cost and Other Comprehensive Income
$
52

 
$
55

 
$
13

 
$
14

_____________________________
(1)
Amounts represent the pre-tax effect included within Other comprehensive income. Refer to Note 15 - Comprehensive Income for related tax effects and the after-tax amounts.

Contributions: During the three months ended March 31, 2012, we made cash contributions of $79 and $12 to our defined benefit plans and our other post-retirement benefit plans, respectively. In March 2012, we also elected to make a contribution of 15.4 million shares of our common stock, with an aggregate value of approximately $130 to our U.S. defined benefit pension plan for salaried employees in order to meet our planned level of funding. We presently anticipate additional cash contributions of $351 to our defined benefit pension plans and $68 to our other post-retirement benefit plans in 2012 for a total cash contribution of $430 ($560 total cash and stock contribution) and $80, respectively.