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Retirement Benefit Plans
9 Months Ended
Jan. 27, 2012
Compensation and Retirement Disclosure [Abstract]  
Retirement Benefit Plans

Note 19 – Retirement Benefit Plans

 

The Company sponsors various retirement benefit plans, including defined benefit pension plans (pension benefits), post-retirement medical plans (post-retirement benefits), defined contribution savings plans, and termination indemnity plans, covering substantially all U.S. employees and many employees outside the U.S. The net periodic benefit cost of the plans include the following components for the three and nine months ended January 27, 2012 and January 28, 2011:

   U.S. Pension Benefits Non-U.S. Pension Benefits Post-Retirement Benefits
   Three months ended Three months ended Three months ended
   January 27,  January 28,  January 27,  January 28,  January 27,  January 28,
(in millions) 2012 2011 2012 2011 2012 2011
Service cost  $ 23 $ 22 $ 11 $ 9 $ 5 $ 5
Interest cost    22   19   7   6   4   4
Expected return on plan assets    (30)   (26)   (9)   (6)   (4)   (3)
Amortization of net actuarial loss    11   8   1   1   1   1
Net periodic benefit cost  $ 26 $ 23 $ 10 $ 10 $ 6 $ 7
                    
   U.S. Pension Benefits Non-U.S. Pension Benefits Post-Retirement Benefits
   Nine months ended Nine months ended Nine months ended
   January 27,  January 28,  January 27,  January 28,  January 27,  January 28,
(in millions) 2012 2011 2012 2011 2012 2011
Service cost  $ 69 $ 66 $ 33 $ 27 $ 15 $ 15
Interest cost    66   57   21   18   12   12
Expected return on plan assets    (90)   (78)   (27)   (18)   (12)   (9)
Amortization of net actuarial loss    33   24   3   3   3   3
Net periodic benefit cost  $ 78 $ 69 $ 30 $ 30$  18 $ 21