Retirement And Other Postretirement Benefits

6 Months Ended

Jun. 30, 2011

Retirement And Other Postretirement Benefits

Retirement And Other Postretirement Benefits

9. RETIREMENT AND OTHER POSTRETIREMENT BENEFITS

A summary of the components of net periodic costs for the second quarter and first half ended June 30, 2011 and 2010 is as follows:

Pension Plans

	U.S. Plans						Canadian Plans
	Second Quarter Ended June 30,						Second Quarter Ended June 30,
	2011			2010			2011			2010
Service cost	$	4		$	6		$	1		$	1
Interest cost		16			16			5			5
Expected return on plan assets		(18	)		(17	)		(6	)		(5	)
Amortization of net loss		3			3			1			—
Net periodic cost	$	5		$	8		$	1		$	1
	U.S. Plans						Canadian Plans
	First Half Ended June 30,						First Half Ended June 30,
	2011			2010			2011			2010
Service cost	$	8		$	12		$	2		$	2
Interest cost		32			32			10			10
Expected return on plan assets		(35	)		(33	)		(11	)		(10	)
Amortization of net loss		6			6			2			1
Net periodic cost	$	11		$	17		$	3		$	3

Other Postretirement Plans

	U.S. Plans						Canadian Plans
	Second Quarter Ended June 30,						Second Quarter Ended June 30,
	2011			2010			2011		2010
Service cost	$	—		$	1		$	—	$	1
Interest cost		2			1			—		—
Amortization of net prior service cost (credit)		(3	)		(3	)		—		—
Net periodic cost (income)	$	(1	)	$	(1	)	$	—	$	1
	U.S. Plans						Canadian Plans
	First Half Ended June 30,						First Half Ended June 30,
	2011			2010			2011		2010
Service cost	$	1		$	1		$	—	$	1
Interest cost		3			3			—		—
Amortization of net prior service cost (credit)		(6	)		(6	)		—		—
Net periodic cost (income)	$	(2	)	$	(2	)	$	—	$	1

Workers at our Central Wisconsin, Escanaba, and Rumford mills ratified collective bargaining agreements with various unions during and subsequent to the first half of 2011. These collective bargaining agreements in the aggregate will result in a re-measurement of our U.S. Plans in the third quarter of 2011. The change in pension and other postretirement expense for 2011 is not expected to be material.

During the second quarter 2011, a supplemental retirement plan for certain Port Hawkesbury employees was fully funded with a cash contribution of $12, which resulted in a net pension asset of $4.