44 Eme r s on 2013 Ann u al R e por t Longterm debt maturing during each of the four years after 2014 is 520 289 250 and 250 respectively Total interest paid related to shortterm borrowings and longterm debt was approximately 226 234 and 239 in 2013 2012 and 2011 respectively The Company maintains a universal shelf registration statement on fle with the SEC under which it can issue debt securities preferred stock common stock warrants share purchase contracts or share purchase units without a predetermined limit Securities can be sold in one or more separate offerings with the size price and terms to be determined at the time of sale 10 r etirement Plans Retirement plans expense includes the following components u s plans non u s plans 2011 2012 2013 2011 2012 2013 Defined benefit plans Service cost benefits earned during the period 5 2 55 70 30 27 31 Interest cost 172 172 167 50 50 46 Expected return on plan assets 279 275 280 49 43 50 Net amortization and other 147 168 226 22 19 18 Net periodic pension expense 92 120 183 53 53 45 Defined contribution plans 98 103 113 50 59 63 Total retirement plans expense 1 9 0 223 296 103 112 108 For defned contribution plans the Companys obligation is to make cash contributions based on plan requirements which are expensed as incurred The Company has two small businesses that participate in multiemployer pension plans Such participation is insignifcant individually and in total Cash contributed was inconsequential in all years The Company could potentially incur immaterial liabilities upon withdrawal from these plans although it has no intention to do so Additionally as with participation in any multiemployer plan there is a theoretical but remote possibility the Company could incur material liabilities should all other participating employers be unable to fund their obligations Reconciliations of the actuarial present value of the projected beneft obligations and of the fair value of plan assets for defned beneft pension plans follow u s plans non u s plans 2012 2013 2012 2013 Projected benefit obligation beginning 3644 4203 960 1143 Service cost 55 70 27 31 Interest cost 172 167 50 46 Actuarial gain loss 502 403 137 85 Benefits paid 173 176 41 46 Foreign currency translation and other 3 2 10 10 Projected benefit obligation ending 4203 3863 1143 1269 Fair value of plan assets beginning 3182 3719 690 809 Actual return on plan assets 595 454 100 86 Employer contributions 113 113 50 47 Benefits paid 173 176 41 46 Foreign currency translation and other 2 2 10 3 Fair value of plan assets ending 3719 4112 809 899 Net amount recognized in the balance sheet 484 249 334 370 Amounts recognized in the balance sheet Noncurrent asset 435 4 3 Current liability 9 10 8 10 Noncurrent liability 475 176 330 363 Pretax accumulated other comprehensive loss 1674 871 308 343