XML 54 R35.htm IDEA: XBRL DOCUMENT v3.4.0.3
Postretirement Benefit Plans (Tables)
 9 Months Ended
Apr. 01, 2016
Compensation and Retirement Disclosure [Abstract]  
Components of Net Periodic Benefit Cost
The following table provides the components of our net periodic benefit cost (income) for our defined benefit plans, including defined benefit pension plans and other postretirement defined benefit plans:
 
 
 
Quarter Ended April 1, 2016
 
Three Quarters Ended April 1, 2016
 
 
Pension
 
Other
Benefits
 
Total
 
Pension
 
Other
Benefits
 
Total
 
 
(In millions)
Net periodic benefit cost (income)
 
 
 
 
 
 
 
 
 
 
 
Service cost
$
18

 
$
1

 
$
19

 
$
56

 
$
4

 
$
60

Interest cost
63

 
3

 
66

 
186

 
10

 
196

Expected return on plan assets
(87
)
 
(4
)
 
(91
)
 
(258
)
 
(13
)
 
(271
)
Amortization of net actuarial loss
—

 
—

 
—

 
—

 
2

 
2

Amortization of prior service cost
—

 
—

 
—

 
—

 
(7
)
 
(7
)
Net periodic benefit income
$
(6
)
 
$
—

 
$
(6
)
 
$
(16
)
 
$
(4
)
 
$
(20
)
Effect of curtailments or settlements (1)
—

 
—

 
—

 
—

 
(121
)
 
(121
)
Total net periodic benefit income
$
(6
)
 
$
—

 
$
(6
)
 
$
(16
)
 
$
(125
)
 
$
(141
)
 
 
 
 
 
 
 
 
 
 
 
 
 
(1)
We discontinued certain significantly underfunded post-employment benefit plans effective December 31, 2015. Under GAAP, this resulted in a negative plan amendment and curtailment during the quarter ended January 1, 2016, a settlement as of December 31, 2015, and a net liability reduction of $101 million.