乐天堂fun88(中国区)官方网站 Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS

6 Months Ended

Jun. 30, 2012

EMPLOYEE BENEFIT PLANS

听

EMPLOYEE BENEFIT PLANS

10. EMPLOYEE BENEFIT PLANS

听听听听听听听听Components of the net periodic benefit costs for the three and six months ended June听30, 2012 and 2011 were as follows (dollars in millions):

乐天堂fun88(中国区)官方网站 Corporation

听	听	Defined Benefit Plans					听	Other Postretirement Benefit Plans					听

听	听	Three months ended June听30,					听	Three months ended June听30,					听
听	听	2012		听	2011		听	2012		听	2011		听
Service cost	听	$	15	听	$	17	听	$	1	听	$	1	听
Interest cost	听	听	36	听	听	39	听	听	1	听	听	2	听
Expected return on assets	听	听	(45	)	听	(48	)	听	鈥�	听	听	鈥�	听
Amortization of prior service cost	听	听	(2	)	听	(2	)	听	鈥�	听	听	鈥�	听
Amortization of actuarial loss	听	听	11	听	听	7	听	听	1	听	听	鈥�	听
听	听	听		听	听		听	听		听	听		听
Net periodic benefit cost	听	$	15	听	$	13	听	$	3	听	$	3	听
听	听	听		听	听		听	听		听	听		听

听

听	听	Defined Benefit Plans					听	Other Postretirement Benefit Plans					听

听	听	Six months ended June听30,					听	Six months ended June听30,					听
听	听	2012		听	2011		听	2012		听	2011		听
Service cost	听	$	31	听	$	33	听	$	2	听	$	2	听
Interest cost	听	听	73	听	听	77	听	听	3	听	听	4	听
Expected return on assets	听	听	(91	)	听	(94	)	听	鈥�	听	听	鈥�	听
Amortization of prior service cost	听	听	(4	)	听	(3	)	听	(1	)	听	(1	)
Amortization of actuarial loss	听	听	22	听	听	14	听	听	1	听	听	鈥�	听
听	听	听		听	听		听	听		听	听		听
Net periodic benefit cost	听	$	31	听	$	27	听	$	5	听	$	5	听
听	听	听		听	听		听	听		听	听		听

乐天堂fun88(中国区)官方网站 International

听	听	Defined Benefit Plans					听	Other Postretirement Benefit Plans					听

听	听	Three months ended June听30,					听	Three months ended June听30,					听
听	听	2012		听	2011		听	2012		听	2011		听
Service cost	听	$	15	听	$	17	听	$	1	听	$	1	听
Interest cost	听	听	36	听	听	39	听	听	1	听	听	2	听
Expected return on assets	听	听	(45	)	听	(48	)	听	鈥�	听	听	鈥�	听
Amortization of prior service cost	听	听	(2	)	听	(2	)	听	鈥�	听	听	鈥�	听
Amortization of actuarial loss	听	听	12	听	听	9	听	听	1	听	听	鈥�	听
听	听	听		听	听		听	听		听	听		听
Net periodic benefit cost	听	$	16	听	$	15	听	$	3	听	$	3	听
听	听	听		听	听		听	听		听	听		听

听

听	听	Defined Benefit Plans					听	Other Postretirement Benefit Plans					听

听	听	Six months ended June听30,					听	Six months ended June听30,					听
听	听	2012		听	2011		听	2012		听	2011		听
Service cost	听	$	31	听	$	33	听	$	2	听	$	2	听
Interest cost	听	听	73	听	听	77	听	听	3	听	听	4	听
Expected return on assets	听	听	(91	)	听	(94	)	听	鈥�	听	听	鈥�	听
Amortization of prior service cost	听	听	(4	)	听	(3	)	听	(1	)	听	(1	)
Amortization of actuarial loss	听	听	24	听	听	17	听	听	1	听	听	鈥�	听
听	听	听		听	听		听	听		听	听		听
Net periodic benefit cost	听	$	33	听	$	30	听	$	5	听	$	5	听
听	听	听		听	听		听	听		听	听		听

听听听听听听听听During the first quarter of 2012, certain U.K. pension plans were closed to new entrants. For existing participants, benefits will only grow as a result of increases in pay. Defined contribution plans were established to replace these pension plans for future benefit accruals. This change did not have a significant impact on our pension liability.

听听听听听听听听During 2012, a certain U.S. pension plan formula was converted from an average pay design to a cash balance plan design. The existing defined contribution plan match was enhanced to offset this reduction in benefits. In connection with this plan change, we reduced our pension liability by approximately $23听million with a corresponding offset to other comprehensive (loss) income during the six months ended June听30, 2012.

听听听听听听听听During the six months ended June听30, 2012 and 2011, we made contributions to our pension and other postretirement benefit plans of $84听million and $96听million, respectively. During the remainder of 2012, we expect to contribute an additional amount of $70听million to these plans.

- Definition

The entire disclosure for pension and other postretirement benefits.

+ References

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+ Details