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PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS (Tables)
3 Months Ended
Mar. 31, 2016
Components of Net Periodic Benefit Costs (Credits)
The components of net periodic benefit costs (credits) are:
 
PENSION
 
QUARTER ENDED
DOLLAR AMOUNTS IN MILLIONS
MARCH 2016
 
MARCH 2015
Service cost
$
13

 
$
15

Interest cost
68

 
65

Expected return on plan assets
(123
)
 
(118
)
Amortization of actuarial loss
38

 
44

Amortization of prior service cost
1

 
1

Accelerated pension costs included in Plum Creek merger-related costs (Note 15)
5

 

Total net periodic benefit cost (credit)
$
2

 
$
7

 
OTHER POSTRETIREMENT BENEFITS
 
QUARTER ENDED
DOLLAR AMOUNTS IN MILLIONS
MARCH 2016
 
MARCH 2015
Interest cost
$
2

 
$
3

Amortization of actuarial loss
2

 
2

Amortization of prior service credit
(2
)
 
(2
)
Total net periodic benefit cost
$
2

 
$
3