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EMPLOYEE BENEFIT PLANS (Tables)
9 Months Ended
Sep. 24, 2016
North America  
Components of Net Periodic Pension Benefit

The components of net periodic pension benefit for the Company’s North American pension plans are as follows:

 

     Third Quarter      Year-to-Date  
(In millions)    2016      2015      2016      2015  

Service cost

   $ 2       $ 1       $ 5       $ 3   

Interest cost

     11         11         34         34   

Expected return on plan assets

     (14      (14      (41      (42
  

 

 

    

 

 

    

 

 

    

 

 

 

Net periodic pension (benefit) expense

   $ (1    $ (2    $ (2    $ (5
  

 

 

    

 

 

    

 

 

    

 

 

 
Europe  
Components of Net Periodic Pension Benefit

The components of net periodic pension benefit for the Company’s European pension plan are as follows:

 

     Third Quarter      Year-to-Date  
(In millions)    2016      2015      2016      2015  

Service cost

   $ —        $ —        $ —        $ —    

Interest cost

     2         2         6         6   

Expected return on plan assets

     (3      (3      (9      (10
  

 

 

    

 

 

    

 

 

    

 

 

 

Net periodic pension (benefit) expense

   $ (1    $ (1    $ (3    $ (4