Employee Retirement Benefits

3 Months Ended

Mar. 31, 2012

NOTE 10 – Employee Retirement Benefits

The following summarizes the components of net periodic costs for our qualified and supplemental pension plans:

(In millions)	Three months ended March 31,
	2012			2011
Service cost	$	3		$	3
Interest cost		3			3
Expected return on plan assets		(4	)		(4	)
Amortization of actuarial loss and prior service cost		2			1
Net periodic benefit cost	$	4		$	3

See our 2011 Annual Report on Form 10-K, Item 8, Note 13, Employee Retirement Benefits, Page 130 for information on our retirement benefits. We made matching contributions of $2 million to our 401(k) savings plan during both the first quarter of 2012 and 2011.

We made no contribution to the pension plan during the first quarter of 2012. We anticipate contributing $14 million during 2012 to our qualified pension plan as indicated in our 2011 Annual Report on Form 10-K.

- Definition

The entire disclosure for pension and other postretirement benefits.

+ References

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+ Details