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Retirement Plans
6 Months Ended
Jun. 30, 2012
Retirement Plans [Abstract]  
Retirement Plans

10. Retirement Plans

Components of net periodic pension cost consisted of the following:

 

                                 
    Three Months Ended
June 30,
    Six Months Ended
June 30,
 
    2012     2011     2012     2011  
    (In millions)  

Service cost

  $ 18     $ 14     $ 36     $ 28  

Interest cost

    22       22       44       44  

Expected return on plan assets

    (29     (27     (58     (54

Amortization of net loss

    21       11       42       22  
   

 

 

   

 

 

   

 

 

   

 

 

 

Pension expense

  $ 32     $ 20     $ 64     $ 40  
   

 

 

   

 

 

   

 

 

   

 

 

 

For the full year of 2012, the Corporation expects to contribute approximately $150 million to its funded pension plans. Through June 30, 2012, the Corporation contributed $83 million of this amount.