Benefits

3 Months Ended

Mar. 31, 2013

Postemployment Benefits [Abstract]

Benefits

BENEFITS:

Components of Net Periodic Benefit Cost

The following tables set forth the components of net periodic benefit cost of the Company’s OPEB plans for the periods presented:

	Successor						Predecessor
	Three Months Ended March 31, 2013			Period from Acquisition (March 26, 2012) to March 31, 2012			Period from January 1, 2012 to March 25, 2012
Service cost	$	—		$	—		$	1
Interest cost	—			—			1
Expected return on plan assets	(1		)	—			(1		)
Prior service credit amortization	—			—			(1		)
Curtailment recognition (1)	—			(11		)	—
Net periodic benefit cost	$	(1	)	$	(11	)	$	—

⁽¹⁾  Subsequent to the ETE Merger, the Company amended certain of its OPEB plans to prospectively restrict participation in the plans for certain active employees.  The plan amendments resulted in the plans becoming currently over-funded and, accordingly, the Company recorded a gross pre-tax curtailment gain of $70 million, $59 million of which is subject to refund to customers; thus, the net curtailment gain recognition was $11 million.