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Retirement Plans
6 Months Ended
Jun. 28, 2014
Retirement Plans  
Retirement Plans

Note 3.  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)

 

June 28,
2014

 

 

June 29,
2013

 

June 28,
2014

 

 

June 29,
2013

 

Three Months Ended

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$      27

 

 

$      34

 

$      1

 

 

$      2

 

Interest cost

 

85

 

 

73

 

5

 

 

5

 

Expected return on plan assets

 

(117

)

 

(105

)

 

 

 

Amortization of prior service cost (credit)

 

4

 

 

3

 

(5

)

 

(2

)

Amortization of net actuarial loss

 

28

 

 

46

 

 

 

1

 

Net periodic benefit cost

 

$      27

 

 

$      51

 

$      1

 

 

$      6

 

Six Months Ended

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$      54

 

 

$      67

 

$      2

 

 

$      4

 

Interest cost

 

164

 

 

146

 

10

 

 

10

 

Expected return on plan assets

 

(228

)

 

(210

)

 

 

 

Amortization of prior service cost (credit)

 

8

 

 

7

 

(11

)

 

(5

)

Amortization of net actuarial loss

 

56

 

 

92

 

1

 

 

3

 

Net periodic benefit cost

 

$      54

 

 

$     102

 

$     2

 

 

$      12