Quarterly report pursuant to Section 13 or 15(d)

PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)

v2.4.0.8
PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)
 6 Months Ended
Jun. 29, 2014
Compensation and Retirement Disclosure [Abstract]  
Cash contributions to pension and other postretirement benefit plans
Contributions to these plans were as follows:
 
 
 
Three months ended
 
Six months ended
In millions
 
June 29, 2014
 
June 30, 2013
 
June 29, 2014
 
June 30, 2013
Defined benefit pension and other postretirement plans
 
 

 
 

 
 

 
 

Voluntary contribution
 
$
36

 
$
38

 
$
75

 
$
77

Mandatory contribution
 
6

 
7

 
81

 
44

Defined benefit pension contributions
 
42

 
45

 
156

 
121

Other postretirement plans
 
11

 
12

 
23

 
26

Total defined benefit plans
 
$
53

 
$
57

 
$
179

 
$
147

 
 
 
 
 
 
 
 
 
Defined contribution pension plans
 
$
15

 
$
14

 
$
41

 
$
36

Components of net periodic pension and other postretirement benefit cost
The components of net periodic pension and other postretirement benefit costs under our plans were as follows:
 
 
Pension
 
 
 
 
 
 
U.S. Plans
 
U.K. Plans
 
Other Postretirement Benefits
 
 
Three months ended
In millions
 
June 29, 2014
 
June 30, 2013
 
June 29, 2014
 
June 30, 2013
 
June 29, 2014
 
June 30, 2013
Service cost
 
$
17

 
$
18

 
$
6

 
$
5

 
$
—

 
$
—

Interest cost
 
27

 
23

 
17

 
14

 
5

 
4

Expected return on plan assets
 
(44
)
 
(42
)
 
(21
)
 
(18
)
 
—

 
—

Recognized net actuarial loss
 
7

 
15

 
6

 
6

 
—

 
1

Net periodic benefit cost
 
$
7

 
$
14

 
$
8

 
$
7

 
$
5

 
$
5

 
 
 
Pension
 
 
 
 
 
 
U.S. Plans
 
U.K. Plans
 
Other Postretirement Benefits
 
 
Six months ended
In millions
 
June 29, 2014
 
June 30, 2013
 
June 29, 2014
 
June 30, 2013
 
June 29, 2014
 
June 30, 2013
Service cost
 
$
34

 
$
35

 
$
12

 
$
10

 
$
—

 
$
—

Interest cost
 
53

 
47

 
33

 
28

 
9

 
8

Expected return on plan assets
 
(88
)
 
(84
)
 
(43
)
 
(36
)
 
—

 
—

Recognized net actuarial loss
 
15

 
31

 
13

 
12

 
—

 
3

Net periodic benefit cost
 
$
14

 
$
29

 
$
15

 
$
14

 
$
9

 
$
11