Quarterly report pursuant to Section 13 or 15(d)

Pension and Other Postretirement Benefit Plans

v2.4.1.9
Pension and Other Postretirement Benefit Plans
3 Months Ended
Apr. 03, 2015
Pension and Other Postretirement Benefit Plans  
Pension and Other Postretirement Benefit Plans
PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS
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
 
April 3,
2015

March 28,
2014

 
April 3,
2015

March 28,
2014

Service cost
$
67

$
67

 
$
7

$
6

Interest cost
95

101

 
9

11

Expected return on plan assets
(177
)
(178
)
 
(3
)
(3
)
Amortization of prior service cost (credit)

(1
)
 
(5
)
(4
)
Amortization of net actuarial loss
49

18

 
3

1

Total cost (credit) recognized in statements of income
$
34

$
7

 
$
11

$
11


During the three months ended April 3, 2015, the Company contributed $78 million to our pension plans, and we anticipate making additional contributions of approximately $17 million to our pension plans during the remainder of 2015. The Company contributed $157 million to our pension plans during the three months ended March 28, 2014.