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Employee Retirement Plans
6 Months Ended
Jun. 30, 2013
Compensation And Retirement Disclosure [Abstract]  
Employee Retirement Plans
J. Net periodic pension cost for the Company’s defined-benefit pension plans was as follows, in millions:

 

     Three Months Ended June 30,  
     2013      2012  
     Qualified     Non-Qualified      Qualified     Non-Qualified  

Service cost

   $ 1      $ —         $ 1      $ —     

Interest cost

     10        2         10        2   

Expected return on plan assets

     (9     —           (9     —     

Amortization of net loss

     4        —           4        —     
  

 

 

   

 

 

    

 

 

   

 

 

 

Net periodic pension cost

   $ 6      $ 2         6        2   
  

 

 

   

 

 

    

 

 

   

 

 

 

 

     Six Months Ended June 30,  
     2013      2012  
     Qualified     Non-Qualified      Qualified     Non-Qualified  

Service cost

   $ 2      $ —         $ 3      $ —     

Interest cost

     20        3         20        3   

Expected return on plan assets

     (18     —           (17     —     

Amortization of net loss

     8        1         7        1   
  

 

 

   

 

 

    

 

 

   

 

 

 

Net periodic pension cost

   $ 12      $ 4       $ 13      $ 4   
  

 

 

   

 

 

    

 

 

   

 

 

 

The Company participates in 20 regional multi-employer pension plans, principally related to building trades; none of the plans are considered significant to the Company.

Effective January 1, 2010, the Company froze all future benefit accruals under substantially all of the Company’s domestic qualified and non-qualified defined benefit pension plans. Future benefit accruals related to the Company’s foreign non-qualified plans were frozen several years ago.