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Employee Pension and Other Postretirement Benefits (Tables)
9 Months Ended
Sep. 30, 2015
Compensation and Retirement Disclosure [Abstract]  
Components of Net Periodic Benefit Cost
The following tables summarize the components of net periodic benefit cost for the three and nine months ended September 30, 2015 and 2014.
 
 
Pension Benefits
 
Other Postretirement Benefits
 
Superannuation,
SERP and
ESBP
 
 
For the Three Months Ended 
 September 30,
 
For the Three Months Ended 
 September 30,
 
For the Three Months Ended 
 September 30,
(Dollars in millions)
 
2015
 
2014
 
2015
 
2014
 
2015
 
2014
Components of net periodic benefit cost:
 
 
 
 
 
 
 
 
 
 
 
 
Service cost
 
$
24

 
$
21

 
$
4

 
$
2

 
$

 
$

Interest cost
 
27

 
25

 
4

 
3

 

 
1

Expected return on plan assets
 
(54
)
 
(49
)
 
(6
)
 
(5
)
 

 

Amortization of prior service cost
 
(4
)
 
(4
)
 
(2
)
 
(2
)
 

 

Recognized net actuarial loss
 
27

 
16

 
7

 

 
1

 

Total net periodic benefit cost          
 
$
20

 
$
9

 
$
7

 
$
(2
)
 
$
1

 
$
1



 
 
Pension Benefits
 
Other Postretirement Benefits
 
Superannuation,
SERP and
ESBP
 
 
For the Nine Months Ended September 30,
 
For the Nine Months Ended September 30,
 
For the Nine Months Ended September 30,
(Dollars in millions)
 
2015
 
2014
 
2015
 
2014
 
2015
 
2014
Components of net periodic benefit cost:
 
 
 
 
 
 
 
 
 
 
 
 
Service cost
 
$
72

 
$
60

 
$
8

 
$
8

 
$
1

 
$
1

Interest cost
 
82

 
79

 
9

 
9

 
1

 
3

Expected return on plan assets
 
(162
)
 
(144
)
 
(15
)
 
(14
)
 

 

Amortization of prior service cost
 
(13
)
 
(7
)
 
(6
)
 
(3
)
 

 

Recognized net actuarial loss
 
80

 
43

 
9

 
1

 
2

 
1

Total net periodic benefit cost          
 
$
59

 
$
31

 
$
5

 
$
1

 
$
4

 
$
5