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POSTRETIREMENT PLANS
9 Months Ended
Sep. 24, 2017
Retirement Benefits [Abstract]  
POSTRETIREMENT PLANS
POSTRETIREMENT PLANS
Our pretax net periodic benefit cost related to our qualified defined benefit pension plans and retiree medical and life insurance plans consisted of the following (in millions):
 
 
Quarters Ended
 
Nine Months Ended
 
 
September 24,
2017
 
September 25,
2016
 
September 24,
2017
 
September 25,
2016
Qualified defined benefit pension plans
 
 
 
 
 
 
 
 
 
 
 
 
Service cost
 
$
205

 
 
$
208

 
 
$
615

 
 
$
615

 
Interest cost
 
452

 
 
465

 
 
1,357

 
 
1,396

 
Expected return on plan assets
 
(602
)
 
 
(667
)
 
 
(1,806
)
 
 
(2,000
)
 
Recognized net actuarial losses
 
376

 
 
340

 
 
1,129

 
 
1,019

 
Amortization of prior service credits
 
(89
)
 
 
(90
)
 
 
(265
)
 
 
(272
)
 
Total net periodic benefit cost
 
$
342

 
 
$
256

 
 
$
1,030

 
 
$
758

 
Retiree medical and life insurance plans
 
 
 
 
 
 
 
 
 
 
Service cost
 
$
5

 
 
$
6

 
 
$
15

 
 
$
18

 
Interest cost
 
25

 
 
30

 
 
76

 
 
89

 
Expected return on plan assets
 
(31
)
 
 
(34
)
 
 
(95
)
 
 
(103
)
 
Recognized net actuarial losses
 
4

 
 
8

 
 
14

 
 
25

 
Amortization of prior service costs
 
4

 
 
5

 
 
11

 
 
16

 
Total net periodic benefit cost
 
$
7

 
 
$
15

 
 
$
21

 
 
$
45

 

 The recognized net actuarial losses and amortization of net prior service (credits) costs in the table above, along with similar amounts related to our other postretirement benefit plans and 2016 IS&GS reclassifications to discontinued operations ($14 million and $41 million during the quarter and nine months ended September 24, 2017 and $8 million and $18 million for the quarter and nine months ended September 25, 2016), were reclassified from accumulated other comprehensive loss (AOCL) and recorded as a component of net periodic benefit cost for the periods presented. These costs totaled $309 million ($200 million, net of tax) and $930 million ($602 million, net of tax) during the quarter and nine months ended September 24, 2017 and $271 million ($175 million, net of tax) and $806 million ($521 million, net of tax) during the quarter and nine months ended September 25, 2016, which were recorded on our consolidated statements of comprehensive income as an increase to other comprehensive income.
The funding of our qualified defined benefit pension plans is determined in accordance with the Employee Retirement Income Security Act of 1974 (ERISA), as amended by the Pension Protection Act of 2006 (PPA), and in a manner consistent with CAS and Internal Revenue Code rules. There were no material contributions to our qualified defined benefit pension plans during the quarters and nine months ended September 24, 2017 and September 25, 2016. Currently, we do not plan to make material contributions to our pension plans in 2017, because none are required using current assumptions, including anticipated investment returns on plan assets.