Pension And Postretirement Benefits

3 Months Ended

Oct. 30, 2016

General Discussion of Pension and Other Postretirement Benefits [Abstract]

Pension and Postretirement Benefits

We sponsor certain defined benefit pension and postretirement plans for employees. Actuarial gains and losses are recognized immediately in our Consolidated Statements of Earnings as of the measurement date, which is our fiscal year end, or more frequently if an interim remeasurement is required. Components of net benefit (income) / expense were as follows:



	Three Months Ended
	Pension						Postretirement
	October 30, 2016			November 1, 2015			October 30, 2016			November 1, 2015
Service cost	$	6		$	7		$	—		$	—
Interest cost	22			25			3			4
Expected return on plan assets	(36		)	(39		)	—			—
Amortization of prior service credit	—			—			(6		)	—
Recognized net actuarial loss	—			136			—			—
Net periodic benefit (income) / expense	$	(8	)	$	129		$	(3	)	$	4

In July 2016, the retirement medical program was amended and beginning on January 1, 2017, we will no longer sponsor our own medical coverage for certain Medicare-eligible retirees. Instead, we will offer these Medicare-eligible retirees access to health care coverage through a private exchange and offer a health reimbursement account to subsidize benefits for a select group of retirees. The prior service credit is primarily related to the amendment in July 2016.

The recognized net actuarial loss in the first quarter of 2016 resulted from the remeasurement of certain U.S. plans. The remeasurement was required due to a high level of lump sum payments to certain vested plan participants arising primarily out of a limited-time offer to accept a single lump sum in lieu of future annuity payments.

No contributions are expected to be made to U.S. pension plans in 2017. Contributions to non-U.S. pension plans during the three-month period ended October 30, 2016, were $1. We expect contributions to non-U.S. pension plans during the remainder of the year to be approximately $3.