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POSTRETIREMENT BENEFIT PLANS (Tables)
9 Months Ended
Sep. 25, 2016
Pretax Net Periodic Benefit Cost

Our pretax net periodic benefit cost related to our qualified defined benefit pension plans and retiree medical and life insurance plans, which are reflected in net earnings from continuing operations, consisted of the following (in millions):

 

     Quarters Ended      Nine Months Ended  
     

September 25,

2016

    

September 27,

2015

    

September 25,

2016

    

September 27,

2015

 

Qualified defined benefit pension plans

           

Service cost

     $ 208              $ 207                $ 615              $ 623          

Interest cost

     465                448                1,396                1,343          

Expected return on plan assets

     (667)                (683)               (2,000)                (2,050)         

Recognized net actuarial losses

     340                399                1,019                1,199          

Amortization of prior service (credits) costs

     (90)                (91)               (272)                (274)         

Total net periodic benefit cost

     $ 256              $ 280                $ 758              $ 841          

Retiree medical and life insurance plans

           

Service cost

     $ 6              $ 6                $ 18              $ 16          

Interest cost

     30                28                89                83          

Expected return on plan assets

     (34)                (37)               (103)                (111)         

Recognized net actuarial losses

     8                10                25                32          

Amortization of prior service costs

     5                1                16                3          

Total net periodic benefit cost

     $ 15               $ 8                $ 45              $ 23