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Pensions and Other Postretirement Benefits (Notes)
9 Months Ended
Sep. 29, 2013
Pensions and Other Postretirement Benefits [Abstract]  
Pension and Other Postretirement Benefits Disclosure
PENSIONS AND OTHER POSTRETIREMENT BENEFITS

Components of Net Periodic Benefit Cost

Net periodic benefit cost for the Company’s defined benefit retirement plans and other benefit plans for the fiscal third quarters of 2013 and 2012 include the following components:

 
 
Retirement Plans
 
Other Benefit Plans
 
 
Fiscal Third Quarters Ended
(Dollars in Millions)
 
September 29, 2013
 
September 30, 2012
 
September 29, 2013
 
September 30, 2012
Service cost
 
$
204

 
163

 
49

 
42

Interest cost
 
226

 
218

 
37

 
41

Expected return on plan assets
 
(360
)
 
(307
)
 
(1
)
 
(1
)
Amortization of prior service cost/(credit)
 
1

 
2

 
(1
)
 
(1
)
Amortization of net transition obligation
 

 
1

 

 

Recognized actuarial losses
 
169

 
123

 
29

 
21

Net periodic benefit cost
 
$
240

 
200

 
113

 
102



Net periodic benefit cost for the Company’s defined benefit retirement plans and other benefit plans for the fiscal nine months of 2013 and 2012 include the following components:
 
 
 
 
 
 
 
 
 
 
 
Retirement Plans
 
Other Benefit Plans
 
 
Fiscal Nine Months Ended
(Dollars in Millions)
 
September 29, 2013
 
September 30, 2012
 
September 29, 2013
 
September 30, 2012
Service cost
 
$
615

 
492

 
147

 
131

Interest cost
 
681

 
659

 
112

 
123

Expected return on plan assets
 
(1,084
)
 
(927
)
 
(4
)
 
(3
)
Amortization of prior service cost/(credit)
 
4

 
4

 
(2
)
 
(3
)
Amortization of net transition obligation
 

 
1

 

 

Recognized actuarial losses
 
509

 
371

 
84

 
59

Curtailments and settlements
 

 
(1
)
 

 

Net periodic benefit cost
 
$
725

 
599

 
337

 
307

 
 
 
 
 
 
 
 
 


Company Contributions

For the fiscal nine months ended September 29, 2013, the Company contributed $45 million and $27 million to its U.S. and international retirement plans, respectively. The Company plans to continue to fund its U.S. defined benefit plans to comply with the Pension Protection Act of 2006. International plans are funded in accordance with local regulations.