Pension and Other Postretirement Benefit Plans
|3 Months Ended|
Mar. 27, 2020
|Pension and Other Postretirement Benefit Plans|
|Pension and Other Postretirement Benefit Plans||
PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS
Net periodic benefit cost (income) for our pension and other postretirement benefit plans consisted of the following (in millions):
1 The weighted-average expected long-term rates of return on plan assets used in computing 2020 net periodic benefit cost (income) are 7.50 percent for pension benefit plans and 4.50 percent for other postretirement benefit plans.All of the amounts in the table above, other than service cost, were recorded in the line item other income (loss) — net in our condensed consolidated statements of income. During the three months ended March 27, 2020, the Company contributed $7 million to our pension trusts, and we anticipate making additional contributions of approximately $20 million during the remainder of 2020. The Company contributed $6 million to our pension trusts during the three months ended March 29, 2019.
The entire disclosure for pension and other postretirement benefits.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef