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Retirement Plans
9 Months Ended
Sep. 29, 2012
Retirement Plans  
Retirement Plans

Note 2:  Retirement Plans

 

We provide defined benefit pension plans and other postretirement benefits to eligible employees.  The components of net periodic benefit cost for these plans are as follows:

 

 

 

Pension Benefits

 

Postretirement Benefits
Other Than Pensions

 

(In millions)

 

September 29,
2012

 

October 1,
2011

 

September 29,
2012

 

October 1,
2011

 

Three Months Ended

 

 

 

 

 

 

 

 

 

Service cost

 

$

30

 

$

32

 

$

2

 

$

2

 

Interest cost

 

77

 

82

 

6

 

8

 

Expected return on plan assets

 

(102

)

(98

)

 

 

Amortization of prior service cost (credit)

 

4

 

4

 

(3

)

(2

)

Amortization of net loss

 

29

 

19

 

2

 

3

 

Net periodic benefit cost

 

$

38

 

$

39

 

$

7

 

$

11

 

Nine Months Ended

 

 

 

 

 

 

 

 

 

Service cost

 

$

89

 

$

96

 

$

5

 

$

6

 

Interest cost

 

229

 

246

 

19

 

24

 

Expected return on plan assets

 

(305

)

(294

)

 

 

Amortization of prior service cost (credit)

 

12

 

12

 

(9

)

(5

)

Amortization of net loss

 

88

 

57

 

5

 

9

 

Net periodic benefit cost

 

$

113

 

$

117

 

$

20

 

$

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