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Employee Retirement Plans
3 Months Ended
Mar. 31, 2012
Employee Retirement Plans [Abstract]  
Employee Retirement Plans

11.     Employee Retirement Plans

The components of net pension and postretirement benefits costs are summarized in the following table:

 

                     
   

    Three Months

    ended March 31,

 

 

 

(millions)

    2012           2011  

 

 

Pension:

                   

Service cost of benefits earned

    $    8           $      7  

Interest cost on projected benefit obligation

    16           16  

Expected return on plan assets

    (17)           (16)  

Net amortization

    9           6  

 

 

Net pension cost

    $    16           $    13  

 

 

Postretirement:

                   

Service cost of benefits earned

    $      1           $      2  

Interest cost on projected benefit obligation

    2           4  

Net amortization

    (9)           (6)  

 

 

Net postretirement cost

    $   (6)           $      -  

 

 

We currently expect to contribute approximately $66 million to our pension plans in 2012. During the first quarter of 2012 and during April 2012, we contributed $2 million and $7 million, respectively, to our pension plan in Canada.