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Pension and Other Postretirement Benefits
3 Months Ended
Mar. 31, 2013
Pension And Other Postretirement Benefits Disclosure [Abstract]  
Pension and Other Postretirement Benefits

8) PENSION AND OTHER POSTRETIREMENT BENEFITS

 

The components of net periodic cost for the Company's pension and postretirement benefit plans were as follows:

 

   Pension Benefits  Postretirement Benefits 
 Three Months Ended March 31,20132012 20132012
 Components of net periodic cost:             
  Service cost$10 $9  $ $ 
  Interest cost 53  61   6  8 
  Expected return on plan assets (68)  (62)      
  Amortization of actuarial loss (gain) (a) 22  18   (4)  (4) 
 Net periodic cost$17 $26  $2 $4 

  • Reflects amounts reclassified from accumulated other comprehensive income (loss) to net earnings.

In April 2013, the Company made a discretionary contribution of $150 million to pre-fund its qualified pension plans.