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Employee Benefit Plans
9 Months Ended
Sep. 30, 2011
Employee Benefit Plans [Abstract] 
Employee Benefit Plans [Text Block]
EMPLOYEE BENEFIT PLANS
Components of net periodic benefit cost for the three months ended September 30 were as follows:
In millions
U.S. Pension Benefits
 
International Pension Benefits
 
Total Pension Benefits
2011
 
2010
 
2011
 
2010
 
2011
 
2010
Net service cost
$—
 
$—
 
$3
 
$4
 
$3
 
$4
Interest cost
45
 
48
 
24
 
22
 
69
 
70
Expected return on plan assets
(39)
 
(41)
 
(28)
 
(26)
 
(67)
 
(67)
Settlement charge
—
 
—
 
1
 
—
 
1
 
—
Amortization of:

 

 

 

 
 
 
 
Prior service cost
—
 
—
 
2
 
—
 
2
 
—
Actuarial loss
34
 
29
 
20
 
14
 
54
 
43
Net benefit cost
$40
 
$36
 
$22
 
$14
 
$62
 
$50
Components of net periodic benefit cost for the nine months ended September 30 were as follows:
In millions
U.S. Pension Benefits
 
International Pension Benefits
 
Total Pension Benefits
2011
 
2010
 
2011
 
2010
 
2011
 
2010
Net service cost
$—
 
$—
 
$11
 
$11
 
$11
 
$11
Interest cost
136
 
142
 
69
 
67
 
205
 
209
Expected return on plan assets
(117)
 
(124)
 
(83)
 
(81)
 
(200)
 
(205)
Settlement charge
—
 
—
 
2
 
6
 
2
 
6
Amortization of:
 
 

 
 
 

 
 
 
 
Prior service cost
—
 
—
 
4
 
—
 
4
 
—
Actuarial loss
92
 
89
 
52
 
46
 
144
 
135
Net benefit cost
$111
 
$107
 
$55
 
$49
 
$166
 
$156

The income from the postretirement plan for the three and nine months ended September 30 was:
In millions
Three months ended September 30
 
Nine months ended September 30
2011
 
2010
 
2011
 
2010
Interest cost
$—
 
$1
 
$1
 
$4
Amortization of:

 
 
 
 
 
 
   Prior service benefit
(4)
 
(3)
 
(13)
 
(10)
   Actuarial loss
—
 
1
 
2
 
3
Net postretirement income
$(4)
 
$(1)
 
$(10)
 
$(3)


The cost of the postemployment plan for the three and nine months ended September 30 was:
In millions
Three months ended September 30
 
Nine months ended September 30
2011
 
2010
 
2011
 
2010
Net service cost
$5
 
$3
 
$18
 
$16
Interest cost
3
 
3
 
8
 
9
Amortization of:

 
 
 
 
 

   Prior service cost
(1)
 
(1)
 
(8)
 
(1)
   Actuarial loss
4
 
2
 
11
 
8
Net benefit cost
$11
 
$7
 
$29
 
$32
Restructuring severance cost
6
 
—
 
6
 
—
Total postemployment cost
$17
 
$7
 
$35
 
$32


During the third quarter of 2011, NCR recorded approximately $6 million of severance costs related to the acquisition of Radiant.
During the second quarter of 2011, NCR announced a change in the long term disability benefits provided to former employees, effective July 1, 2011. This action reduced the actuarial liability associated with this benefit by approximately $6 million in the second quarter of 2011.
Employer Contributions
Pension For the three months ended September 30, 2011, NCR contributed approximately $20 million to its international pension plans and $2 million to its executive pension plan. For the nine months ended September 30, 2011, NCR contributed approximately $60 million to its international pension plans and $6 million to its executive pension plan. NCR anticipates contributing an additional $55 million to its international pension plans for a total of $115 million, and an additional $4 million to its executive pension plan for a total of $10 million, in 2011. NCR does not anticipate making cash contributions to its U.S. qualified pension plan in 2011.
Postretirement For the three and nine months ended September 30, 2011, NCR made $1 million and $7 million, respectively, in contributions to its U.S. postretirement plan. NCR anticipates contributing an additional $3 million to its U.S. postretirement plan for a total of $10 million in 2011.
Postemployment For the three and nine months ended September 30, 2011, NCR contributed approximately $6 million and $18 million, respectively, to its postemployment plans. NCR anticipates contributing an additional $32 million to its postemployment plans for a total of $50 million in 2011.