Quarterly report pursuant to Section 13 or 15(d)

Pension and Other Postretirement Benefit Plans (Tables)

v3.19.1
Pension and Other Postretirement Benefit Plans (Tables)
 3 Months Ended
Mar. 29, 2019
Pension and Other Postretirement Benefit Plans  
Periodic benefit cost, 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):
 
Pension Benefits  
 
Other Benefits  
 
Three Months Ended
 
March 29,
2019

March 30,
2018

 
March 29,
2019

March 30,
2018

Service cost
$
26

$
32

 
$
2

$
3

Interest cost
72

73

 
7

6

Expected return on plan assets1
(138
)
(168
)
 
(3
)
(3
)
Amortization of prior service cost (credit)
(1
)
2

 
(1
)
(4
)
Amortization of net actuarial loss
38

34

 
1

1

Net periodic benefit cost (income)
$
(3
)
$
(27
)
 
$
6

$
3

1 The weighted-average expected long-term rates of return on plan assets used in computing 2019 net periodic benefit cost (income) are
7.7 percent for pension benefit plans and 4.6 percent for other benefit plans.