Pension and Postretirement Plans

9 Months Ended

Oct. 27, 2012

Pension and Postretirement Plans

8. Pension and Postretirement Plans

The Company has defined benefit pension plans covering certain of its North American employees, which are funded in accordance with the provisions of the laws where the plans are in effect. In addition to providing pension benefits, the Company sponsors postretirement medical and life insurance plans, which are available to most of its retired U.S. employees. These medical and life insurance plans are contributory and are not funded.

The following are the components of net periodic pension benefit cost and net periodic postretirement benefit income:

	Pension Benefits												Postretirement Benefits
	Thirteen weeks						Thirty-nine weeks						Thirteen weeks						Thirty-nine weeks
	Ended						ended						ended						ended
	October 27,			October 29,			October 27,			October 29,			October 27,			October 29,			October 27,			October 29,
(in millions)	2012			2011			2012			2011			2012			2011			2012			2011
Service cost	$	3		$	3		$	10		$	9		$	—		$	—		$	—		$	—
Interest cost		7			8			21			24			—			—			—			—
Expected return on plan assets		(10	)		(10	)		(30	)		(30	)		—			—			—			—
Amortization of net loss (gain)		4			4			12			11			(1	)		(2	)		(3	)		(4	)
Net benefit expense (income)	$	4		$	5		$	13		$	14		$	(1	)	$	(2	)	$	(3	)	$	(4	)

No pension contributions to the U.S. or Canadian qualified plans were made during the thirty-nine weeks ended October 27, 2012. Additionally, no pension contributions to its U.S. or Canadian qualified plans are required in 2012.