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Employee Benefit Plans
9 Months Ended
Sep. 30, 2013
Notes to Condensed Consolidated Financial Statements [Abstract]  
Employee Benefit Plans
Employee Benefit Plans
Pension and Postretirement Plans. We sponsor both funded and unfunded domestic and foreign defined pension and other postretirement benefit plans, and defined contribution plans. As part of our acquisition of Goodrich on July 26, 2012, we assumed approximately $1.5 billion of pension and postretirement benefit plan obligations. Contributions to our plans were as follows:
 
Quarter Ended September 30,
 
Nine Months Ended September 30,
(Dollars in millions)
2013
 
2012
 
2013
 
2012
Defined Benefit Plans
$
21

 
$
209

 
$
72

 
$
233

Defined Contribution Plans
$
75

 
$
65

 
$
258

 
$
183


There were no contributions to our domestic defined benefit pension plans in the first nine months of 2013. In the first nine months of 2012, we made contributions of $201 million to our domestic defined benefit pension plans, all of which was contributed in the third quarter of 2012.
The following tables illustrate the components of net periodic benefit cost for our defined pension and other postretirement benefit plans:
 
Pension Benefits
Quarter Ended
September 30,
 
Other Postretirement Benefits
Quarter Ended
September 30,
(Dollars in millions)
2013
 
2012
 
2013
 
2012
Service cost
$
142

 
$
131

 
$
1

 
$
1

Interest cost
343

 
344

 
9

 
10

Expected return on plan assets
(526
)
 
(503
)
 

 

Amortization
(8
)
 
(7
)
 
(2
)
 
(2
)
Recognized actuarial net loss (gain)
237

 
180

 
(1
)
 
(1
)
Net settlement and curtailment loss

 
15

 

 

Total net periodic benefit cost
$
188

 
$
160

 
$
7

 
$
8


 
Pension Benefits
Nine Months Ended
September 30,
 
Other Postretirement Benefits
Nine Months Ended
September 30,
(Dollars in millions)
2013
 
2012
 
2013
 
2012
Service cost
$
428

 
$
361

 
$
3

 
$
3

Interest cost
1,029

 
970

 
28

 
26

Expected return on plan assets
(1,579
)
 
(1,415
)
 

 

Amortization
(26
)
 
(13
)
 
(8
)
 
(2
)
Recognized actuarial net loss (gain)
717

 
541

 
(3
)
 
(5
)
Net settlement and curtailment (gain) loss
(17
)
 
50

 

 

Total net periodic benefit cost
$
552

 
$
494

 
$
20

 
$
22


Net settlements and curtailment gains for pension benefits include curtailment gains of approximately $24 million related to, and recorded in, discontinued operations for the nine months ended September 30, 2013. There were no curtailment gains related to discontinued operations for the quarter ended September 30, 2013. Net settlements and curtailment losses for pension benefits include curtailment losses of approximately $24 million related to, and recorded in, discontinued operations for the nine months ended September 30, 2012. There were no curtailment losses related to discontinued operations for the quarter ended September 30, 2012.