Pension Plans

6 Months Ended

Jun. 30, 2011


6.	PENSION PLANS

The components of the net periodic benefit cost of the UK, US and international defined benefit plans are as follows:


	Three months ended June 30,
	UK Pension						US Pension						Intl Pension
	Benefits						Benefits						Benefits
	2011			2010			2011			2010			2011			2010
	(millions)

Components of net periodic benefit cost:
Service cost	$	10		$	9		$	—		$	—		$	1		$	2
Interest cost		27			24			11			10			2			2
Expected return on plan assets		(41	)		(33	)		(12	)		(10	)		(2	)		(2	)
Amortization of unrecognized prior service gain		(1	)		(1	)		—			—			—			—
Amortization of unrecognized actuarial loss		7			9			1			—			—			1

Net periodic benefit cost	$	2		$	8		$	—		$	—		$	1		$	3


	Six months ended June 30,
	UK Pension						US Pension						Intl Pension
	Benefits						Benefits						Benefits
	2011			2010			2011			2010			2011			2010
	(millions)

Components of net periodic benefit cost:
Service cost	$	19		$	18		$	—		$	—		$	2		$	3
Interest cost		53			49			21			20			4			4
Expected return on plan assets		(81	)		(69	)		(23	)		(21	)		(4	)		(4	)
Amortization of unrecognized prior service gain		(2	)		(2	)		—			—			—			—
Amortization of unrecognized actuarial loss		15			18			2			1			—			1

Net periodic benefit cost	$	4		$	14		$	—		$	—		$	2		$	4

As of June 30, 2011, the Company had made contributions of $46 million, $13 million and $4 million to the UK, US and international defined benefit pension plans (2010: $43 million, $13 million and $4 million), respectively. The Company expects to contribute a total of approximately $92 million to the UK defined benefit pension plan, $30 million to the US plan and $7 million to the international plans for the full year 2011 (inclusive of amounts contributed in the first six months).