XML 70 R16.htm IDEA: XBRL DOCUMENT v2.4.0.8
Retirement and Other Employee Benefits
6 Months Ended
Jun. 28, 2014
Retirement Benefits [Abstract]  
Retirement Benefits
Retirement and Other Employee Benefits
Pension and Postretirement Health Care Benefits Plans
The net periodic costs (benefits) for Pension and Postretirement Health Care Benefits plans were as follows:
 
U.S. Pension Benefit Plans
 
Non U.S. Pension Benefit Plans
 
Postretirement Health Care Benefits Plan
Three Months Ended
June 28, 2014
 
June 29, 2013
 
June 28, 2014
 
June 29, 2013
 
June 28, 2014
 
June 29, 2013
Service cost
$

 
$

 
$
4

 
$
3

 
$
1

 
$

Interest cost
93

 
88

 
20

 
16

 
3

 
3

Expected return on plan assets
(98
)
 
(90
)
 
(23
)
 
(18
)
 
(2
)
 
(3
)
Amortization of:
 
 
 
 
 
 
 
 
 
 
 
Unrecognized net loss
21

 
33

 
3

 
3

 
3

 
3

Unrecognized prior service cost (benefit)

 

 
2

 
(2
)
 
(11
)
 
(11
)
Net periodic pension cost (benefit)
$
16

 
$
31

 
$
6

 
$
2

 
$
(6
)
 
$
(8
)

 
U.S. Pension Benefit Plans
 
Non U.S. Pension Benefit Plans
 
Postretirement Health Care Benefits Plan
Six Months Ended
June 28, 2014
 
June 29, 2013
 
June 28, 2014
 
June 29, 2013
 
June 28, 2014
 
June 29, 2013
Service cost
$

 
$

 
$
7

 
$
6

 
$
1

 
$
1

Interest cost
185

 
176

 
40

 
33

 
6

 
6

Expected return on plan assets
(196
)
 
(182
)
 
(45
)
 
(37
)
 
(5
)
 
(5
)
Amortization of:
 
 
 
 
 
 
 
 
 
 
 
Unrecognized net loss
44

 
66

 
6

 
6

 
6

 
7

Unrecognized prior service cost (benefit)

 

 
3

 
(4
)
 
(21
)
 
(22
)
Net periodic pension cost (benefit)
$
33

 
$
60

 
$
11

 
$
4

 
$
(13
)
 
$
(13
)


During the three months ended June 28, 2014 and June 29, 2013, contributions of $40 million and $26 million were made to the Company’s U.S. Pension Benefit Plans, respectively. During both the three months ended June 28, 2014 and June 29, 2013, contributions of $3 million were made to the Company’s Non U.S. Pension Benefit Plans.
During the six months ended June 28, 2014 and June 29, 2013, contributions of $66 million and $50 million were made to the Company’s U.S. Pension Benefit Plans, respectively. During the six months ended June 28, 2014 and June 29, 2013, contributions of $20 million and $17 million were made to the Company’s Non U.S. Pension Benefit Plans, respectively.
The Company made no contributions to its Postretirement Health Care Benefits Plan during the three and six months ended June 28, 2014 and June 29, 2013.