Net periodic benefit cost for our pension and other postretirement benefit plans consisted of the following (in millions):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pension Benefits |
|
Other Benefits |
|
Three Months Ended |
|
June 27,
2014 |
|
June 28,
2013 |
|
|
June 27,
2014 |
|
June 28,
2013 |
|
Service cost |
$ |
67 |
|
$ |
69 |
|
|
$ |
7 |
|
$ |
9 |
|
Interest cost |
102 |
|
95 |
|
|
10 |
|
10 |
|
Expected return on plan assets |
(180 |
) |
(165 |
) |
|
(3 |
) |
(3 |
) |
Amortization of prior service cost (credit) |
— |
|
— |
|
|
(4 |
) |
(2 |
) |
Amortization of net actuarial loss |
18 |
|
49 |
|
|
1 |
|
3 |
|
Net periodic benefit cost (credit) |
$ |
7 |
|
$ |
48 |
|
|
$ |
11 |
|
$ |
17 |
|
Settlement charge |
2 |
|
— |
|
|
— |
|
— |
|
Total cost (credit) recognized in statements of income |
$ |
9 |
|
$ |
48 |
|
|
$ |
11 |
|
$ |
17 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pension Benefits |
|
Other Benefits |
|
Six Months Ended |
|
June 27,
2014 |
|
June 28,
2013 |
|
|
June 27,
2014 |
|
June 28,
2013 |
|
Service cost |
$ |
134 |
|
$ |
138 |
|
|
$ |
13 |
|
$ |
18 |
|
Interest cost |
203 |
|
189 |
|
|
21 |
|
21 |
|
Expected return on plan assets |
(358 |
) |
(329 |
) |
|
(6 |
) |
(5 |
) |
Amortization of prior service cost (credit) |
(1 |
) |
(1 |
) |
|
(8 |
) |
(5 |
) |
Amortization of net actuarial loss |
36 |
|
99 |
|
|
2 |
|
6 |
|
Net periodic benefit cost (credit) |
$ |
14 |
|
$ |
96 |
|
|
$ |
22 |
|
$ |
35 |
|
Settlement charge |
2 |
|
— |
|
|
— |
|
— |
|
Total cost (credit) recognized in statements of income |
$ |
16 |
|
$ |
96 |
|
|
$ |
22 |
|
$ |
35 |
|
|