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Retirement Plans
3 Months Ended
Apr. 02, 2016
Retirement Plans  
Retirement Plans

 

Note 3.  Retirement Plans

 

We provide defined benefit pension plans and other postretirement benefits to eligible employees.  The components of net periodic benefit cost (credit) for these plans are as follows:

 

 

Pension Benefits

Postretirement Benefits
Other Than Pensions

(In millions)

April 2,
2016

April 4,
2015

April 2,
2016

April 4,
2015

Three Months Ended

 

 

 

 

Interest cost

     $

85

     $

81

     $

4

     $

4

Service cost

24
30
1
1

Expected return on plan assets

(123)
(121)

Amortization of net actuarial loss

26
39

Amortization of prior service cost (credit)

4
4
(6)
(6)

 

 

 

 

 

Net periodic benefit cost (credit)

     $

16

     $

33

     $

(1)

     $

(1)