XML 65 R24.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Retirement Benefit Plans
3 Months Ended
Jul. 29, 2011
Retirement Benefit Plans [Abstract]  
Retirement Benefit Plans [Text Block]

Note 18 – Retirement Benefit Plans

 

The Company sponsors various retirement benefit plans, including defined benefit pension plans (pension benefits), post-retirement medical plans (post-retirement benefits), defined contribution savings plans, and termination indemnity plans, covering substantially all U.S. employees and many employees outside the U.S. The net periodic benefit cost of the plans include the following components for the three months ended July 29, 2011 and July 30, 2010:

   U.S. Pension Benefits Non-U.S. Pension Benefits Post-Retirement Benefits
   Three months ended Three months ended Three months ended
   July 29,  July 30,  July 29,  July 30,  July 29,  July 30,
(in millions) 2011 2010 2011 2010 2011 2010
Service cost  $ 23 $ 22 $ 11 $ 9 $ 5 $ 5
Interest cost    22   19   7   6   4   4
Expected return on plan assets    (30)   (26)   (9)   (6)   (4)   (3)
Amortization of net actuarial loss    11   8   1   1   1   1
Net periodic benefit cost    26   23   10   10   6   7
Special termination benefits    -   -   -   -   -   -
Total cost for period  $ 26 $ 23 $ 10 $ 10 $ 6 $ 7