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POSTRETIREMENT PLANS (Tables)
3 Months Ended
Mar. 26, 2017
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 consisted of the following (in millions):

 

     Quarters Ended  
  

 

 

 
    

March 26,

2017

     March 27,
2016
 

 

 

Qualified defined benefit pension plans

     

Service cost

    $ 205                $ 203          

Interest cost

     452                 465          

Expected return on plan assets

             (602)                        (667)         

Recognized net actuarial losses

     376                 340          

Amortization of net prior service credits

     (86)                (90)         

 

 

Total net periodic benefit cost

    $ 345                $ 251          

 

 

Retiree medical and life insurance plans

     

Service cost

    $ 5                $ 6          

Interest cost

     26                 30          

Expected return on plan assets

     (32)                (34)         

Recognized net actuarial losses

     5                 8          

Amortization of net prior service costs

     3                 5          

 

 

Total net periodic benefit cost

    $ 7                $ 15