Employee Retirement Benefits

6 Months Ended

Jun. 30, 2012

Employee Retirement Benefits

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 June 30,						Six months ended June 30,
	2012			2011			2012			2011
Service cost	$	3		$	2		$	6		$	5
Interest cost		4			4			7			7
Expected return on plan assets		(4	)		(4	)		(8	)		(8	)
Amortization of actuarial loss and prior service cost		1			1			3			2
Net periodic benefit cost	$	4		$	3		$	8		$	6

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 $3 million and $2 million to our 401(k) and Top Hat savings plans during the second quarter of 2012 and 2011 and contributions of $5 million and $4 million for the first halves of 2012 and 2011, respectively.

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