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Pension and Other Postretirement Benefit Plans
6 Months Ended
Mar. 28, 2020
Retirement Benefits [Abstract]  
Pension and Other Postretirement Benefits Plans PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS
The components of the net periodic cost for the pension and postretirement benefit plans for the three and six months ended March 28, 2020, and March 30, 2019, are as follows (in millions):
 
Pension Plans
 
Three Months Ended
 
Six Months Ended
 
March 28, 2020
 
March 30, 2019
 
March 28, 2020
 
March 30, 2019
 
 
 
 
 
 
 
 
Service cost
$

 
$

 
$

 
$
1

Interest cost
7

 
16

 
17

 
32

Expected return on plan assets
(6
)
 
(15
)
 
(15
)
 
(29
)
Amortization of:
 
 
 
 
 
 
 
Net actuarial loss
1

 
1

 
2

 
1

Prior service cost

 

 

 

Settlement (gain) loss
(106
)
 

 
(106
)
 
19

Net periodic cost (credit)
$
(104
)
 
$
2

 
$
(102
)
 
$
24

 
Postretirement Benefit Plans
 
Three Months Ended
 
Six Months Ended
 
March 28, 2020
 
March 30, 2019
 
March 28, 2020
 
March 30, 2019
 
 
 
 
 
 
 
 
Interest cost
$

 
$
1

 
$

 
$
1

Amortization of prior service cost (credit)
(1
)
 
(1
)
 
(1
)
 
(5
)
Net periodic cost (credit)
$
(1
)
 
$

 
$
(1
)
 
$
(4
)

Net periodic benefit cost, excluding the service cost component, was recorded in the Consolidated Condensed Statements of Income in Other, net. We contributed $9 million to our pension plans for the three months ended March 28, 2020 and March 30, 2019. We contributed $10 million and $12 million to our pension plans for the six months ended March 28, 2020 and March 30, 2019, respectively. The amount of contributions made to pension plans in any year is dependent upon a number of factors, including minimum funding requirements in the jurisdictions in which we operate.
During the second quarter of fiscal 2020, we recognized a one-time gain of $110 million related to the termination of two qualified pension plans and one multi-employer pension plan and recorded the amount in the Consolidated Condensed Statements of Income in Other, net. The settlements of the two qualified plans through purchased annuities did not require any significant contributions. The benefit obligations and fair value of plan assets of the two qualified plans were approximately $1.4 billion at September 28, 2019.