Pension and Other Postretirement Benefit Plans

3 Months Ended

Jan. 02, 2016

Compensation and Retirement Disclosure [Abstract]

Pension and Other Postretirement Benefits Disclosure [Text Block]

PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS

The components of the net periodic cost for the pension and postretirement benefit plans for the three months ended January 2, 2016, and December 27, 2014, are as follows (in millions):



	Pension Plans
	Three Months Ended
	January 2, 2016			December 27, 2014

Service cost	$	4		$	4
Interest cost	20			21
Expected return on plan assets	(17		)	(25		)
Amortization of:
Net actuarial loss	1			1
Settlement (gain) loss (a)	(12		)	8
Net periodic cost (credit)	$	(4	)	$	9



	Postretirement Benefit Plans
	Three Months Ended
	January 2, 2016			December 27, 2014

Service cost	$	—		$	1
Interest cost	1			2
Amortization of:
Prior service credit	(4		)	—
Net periodic cost (credit)	$	(3	)	$	3

(a) We made lump-sum settlement payments using plan assets, of $265 million and $18 million during the first quarter of fiscal 2016 and 2015, respectively, to certain deferred vested participants within our qualified pension plans.

We contributed $32 million and $3 million to our pension plans for the three months ended January 2, 2016, and December 27, 2014, respectively. We expect to contribute an additional $31 million during the remainder of fiscal 2016. The amount of contributions made to pension plans in any year is dependent upon a number of factors including minimum funding requirements in the jurisdictions in which we operate. As a result, the actual funding in fiscal 2016 may differ from the current estimate.