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 |
|
September 26,
2014 |
|
September 27,
2013 |
|
|
September 26,
2014 |
|
September 27,
2013 |
|
Service cost |
$ |
62 |
|
$ |
69 |
|
|
$ |
7 |
|
$ |
9 |
|
Interest cost |
101 |
|
93 |
|
|
11 |
|
10 |
|
Expected return on plan assets |
(179 |
) |
(163 |
) |
|
(3 |
) |
(2 |
) |
Amortization of prior service cost (credit) |
— |
|
(1 |
) |
|
(4 |
) |
(3 |
) |
Amortization of net actuarial loss |
18 |
|
50 |
|
|
— |
|
3 |
|
Net periodic benefit cost (credit) |
$ |
2 |
|
$ |
48 |
|
|
$ |
11 |
|
$ |
17 |
|
Settlement charge |
— |
|
— |
|
|
— |
|
— |
|
Total cost (credit) recognized in statements of income |
$ |
2 |
|
$ |
48 |
|
|
$ |
11 |
|
$ |
17 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pension Benefits |
|
Other Benefits |
|
Nine Months Ended |
|
September 26,
2014 |
|
September 27,
2013 |
|
|
September 26,
2014 |
|
September 27,
2013 |
|
Service cost |
$ |
196 |
|
$ |
207 |
|
|
$ |
20 |
|
$ |
27 |
|
Interest cost |
304 |
|
282 |
|
|
32 |
|
31 |
|
Expected return on plan assets |
(537 |
) |
(492 |
) |
|
(9 |
) |
(7 |
) |
Amortization of prior service cost (credit) |
(1 |
) |
(2 |
) |
|
(12 |
) |
(8 |
) |
Amortization of net actuarial loss |
54 |
|
149 |
|
|
2 |
|
9 |
|
Net periodic benefit cost (credit) |
$ |
16 |
|
$ |
144 |
|
|
$ |
33 |
|
$ |
52 |
|
Settlement charge |
2 |
|
— |
|
|
— |
|
— |
|
Total cost (credit) recognized in statements of income |
$ |
18 |
|
$ |
144 |
|
|
$ |
33 |
|
$ |
52 |
|
|