U.S. Pension Benefits | Non-U.S. Pension Benefits | Post-Retirement Benefits | |||||||||||||||||||||
Fiscal Year | Fiscal Year | Fiscal Year | |||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||
Accumulated benefit obligation at end of year: | $ | 1,924 | $ | 1,673 | $ | 689 | $ | 589 | $ | 302 | $ | 339 | |||||||||||
Change in projected benefit obligation: | |||||||||||||||||||||||
Projected benefit obligation at beginning of year | $ | 1,877 | $ | 1,516 | $ | 717 | $ | 638 | $ | 339 | $ | 295 | |||||||||||
Service cost | 104 | 92 | 43 | 42 | 19 | 19 | |||||||||||||||||
Interest cost | 94 | 87 | 27 | 29 | 15 | 17 | |||||||||||||||||
Employee contributions | — | — | 15 | 14 | 9 | 9 | |||||||||||||||||
Plan amendments | — | — | (8 | ) | (4 | ) | — | — | |||||||||||||||
Actuarial loss (gain) | 151 | 230 | 65 | 72 | (62 | ) | 16 | ||||||||||||||||
Benefits paid | (72 | ) | (48 | ) | (25 | ) | (25 | ) | (19 | ) | (18 | ) | |||||||||||
Medicare Part D reimbursements | — | — | — | — | 1 | 1 | |||||||||||||||||
Foreign currency exchange rate changes | — | — | (23 | ) | (49 | ) | — | — | |||||||||||||||
Projected benefit obligation at end of year | $ | 2,154 | $ | 1,877 | $ | 811 | $ | 717 | $ | 302 | $ | 339 | |||||||||||
Change in plan assets: | |||||||||||||||||||||||
Fair value of plan assets at beginning of year | $ | 1,470 | $ | 1,392 | $ | 638 | $ | 606 | $ | 204 | $ | 198 | |||||||||||
Actual return on plan assets | 129 | 25 | 69 | 49 | 19 | 4 | |||||||||||||||||
Employer contributions | 190 | 101 | 49 | 39 | 20 | 11 | |||||||||||||||||
Employee contributions | — | — | 15 | 14 | 9 | 9 | |||||||||||||||||
Benefits paid | (72 | ) | (48 | ) | (25 | ) | (25 | ) | (19 | ) | (18 | ) | |||||||||||
Foreign currency exchange rate changes | — | — | (13 | ) | (45 | ) | — | — | |||||||||||||||
Fair value of plan assets at end of year | $ | 1,717 | $ | 1,470 | $ | 733 | $ | 638 | $ | 233 | $ | 204 | |||||||||||
Funded status at end of year: | |||||||||||||||||||||||
Fair value of plan assets | $ | 1,717 | $ | 1,470 | $ | 733 | $ | 638 | $ | 233 | $ | 204 | |||||||||||
Benefit obligations | 2,154 | 1,877 | 811 | 717 | 302 | 339 | |||||||||||||||||
Underfunded status of the plans | $ | (437 | ) | $ | (407 | ) | $ | (78 | ) | $ | (79 | ) | $ | (69 | ) | $ | (135 | ) | |||||
Recognized liability | $ | (437 | ) | $ | (407 | ) | $ | (78 | ) | $ | (79 | ) | $ | (69 | ) | $ | (135 | ) | |||||
Amounts recognized on the consolidated balance sheets consist of: | |||||||||||||||||||||||
Non-current assets | $ | — | $ | — | $ | 19 | $ | 20 | $ | — | $ | — | |||||||||||
Current liabilities | (9 | ) | (8 | ) | (4 | ) | (2 | ) | (1 | ) | (1 | ) | |||||||||||
Non-current liabilities | (428 | ) | (399 | ) | (93 | ) | (97 | ) | (68 | ) | (134 | ) | |||||||||||
Recognized liability | $ | (437 | ) | $ | (407 | ) | $ | (78 | ) | $ | (79 | ) | $ | (69 | ) | $ | (135 | ) | |||||
Amounts recognized in accumulated other comprehensive (loss) income: | |||||||||||||||||||||||
Prior service (benefit) cost | $ | 5 | $ | 5 | $ | (1 | ) | $ | 6 | $ | (3 | ) | $ | (3 | ) | ||||||||
Net actuarial loss | 1,048 | 969 | 190 | 175 | 43 | 108 | |||||||||||||||||
Ending balance | $ | 1,053 | $ | 974 | $ | 189 | $ | 181 | $ | 40 | $ | 105 | |||||||||||