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Benefit Plans
6 Months Ended
Jun. 30, 2011
Benefit Plans Disclosure [Abstract]  
9. BENEFIT PLANS

9.        BENEFIT PLANS

 

The net periodic benefit costs reflect the Company's amendments to its domestic and international defined benefit plans that were effective June 30, 2010 and March 31, 2011, respectively. A summary of the components of the net periodic benefit costs from continuing operations recognized for substantially all of Time Warner's domestic and international defined benefit pension plans for the three and six months ended June 30, 2011 and 2010 is as follows (millions):

 

Components of Net Periodic Benefit Costs

 

   Three Months Ended Six Months Ended
   6/30/11 6/30/10 6/30/11 6/30/10
            
 Service cost  $ 1 $ 19 $ 7 $ 42
 Interest cost    47   47   94   96
 Expected return on plan assets    (48)   (60)   (97)   (117)
 Amounts amortized   5   6   10   27
 Curtailment   -   1   -   4
 Net periodic benefit costs  $ 5 $ 13 $ 14 $ 52
              
 Contributions  $ 7 $ 13 $ 19 $ 54