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PENSION AND POSTRETIREMENT BENEFIT PLANS (Tables)
12 Months Ended
Dec. 31, 2018
Retirement Benefits [Abstract]  
Schedule of Net Benefit Costs [Table Text Block]
The net periodic benefit cost/(credit) of defined benefit pension plans includes:
Dollars in Millions
 
2018
 
2017
 
2016
Service cost — benefits earned during the year
 
$
26

 
$
25

 
$
24

Interest cost on projected benefit obligation
 
193

 
188

 
192

Expected return on plan assets
 
(386
)
 
(411
)
 
(418
)
Amortization of prior service credits
 
(4
)
 
(4
)
 
(3
)
Amortization of net actuarial loss
 
74

 
82

 
84

Settlements and curtailments
 
121

 
159

 
91

Special termination benefits
 

 
3

 
1

Net periodic benefit cost/(credit)
 
$
24

 
$
42

 
$
(29
)
Schedule Of Defined Benefit Obligations And Assets [Table Text Block]
Changes in defined benefit pension plan obligations, assets, funded status and amounts recognized in the consolidated balance sheets were as follows:
Dollars in Millions
 
2018
 
2017
Benefit obligations at beginning of year
 
$
6,749

 
$
6,440

Service cost—benefits earned during the year
 
26

 
25

Interest cost
 
193

 
188

Settlements and Curtailments
 
(278
)
 
(330
)
Actuarial (gains)/losses
 
(523
)
 
368

Benefits paid
 
(123
)
 
(121
)
Foreign currency and other
 
(78
)
 
179

Benefit obligations at end of year
 
$
5,966

 
$
6,749

 
 
 
 
 
Fair value of plan assets at beginning of year
 
$
6,749

 
$
5,831

Actual return on plan assets
 
(203
)
 
804

Employer contributions
 
71

 
396

Settlements
 
(276
)
 
(330
)
Benefits paid
 
(123
)
 
(121
)
Foreign currency and other
 
(89
)
 
169

Fair value of plan assets at end of year
 
$
6,129

 
$
6,749

 
 
 
 
 
Funded status
 
$
163

 
$

 
 
 
 
 
Assets/(Liabilities) recognized:
 
 
 
 
Other assets
 
$
622

 
$
487

Accrued liabilities
 
(32
)
 
(31
)
Pension and other liabilities
 
(427
)
 
(456
)
Funded status
 
$
163

 
$

 
 
 
 
 
Recognized in Accumulated other comprehensive loss:
 
 
 
 
Net actuarial losses
 
$
2,717

 
$
2,849

Prior service credit
 
(30
)
 
(36
)
Total
 
$
2,687

 
$
2,813

Schedule Of Accumulated And Projected Benefit Obligation In Excess Of Fair Value Of Plan Assets [Table Text Block]
Additional information related to pension plans was as follows:
Dollars in Millions
 
2018
 
2017
Pension plans with projected benefit obligations in excess of plan assets:
 
 
 
 
Projected benefit obligation
 
$
1,275

 
$
1,166

Fair value of plan assets
 
817

 
678

Pension plans with accumulated benefit obligations in excess of plan assets:
 
 
 
 
Accumulated benefit obligation
 
$
1,181

 
$
1,008

Fair value of plan assets
 
757

 
550

Schedule Of Defined Benefit Actuarial Assumptions Benefit Obligations [Table Text Block]
Weighted-average assumptions used to determine defined benefit pension plan obligations at December 31 were as follows:
 
 
2018
 
2017
Discount rate
 
3.5
%
 
3.1
%
Rate of compensation increase
 
0.5
%
 
0.5
%
Schedule Of Defined Benefit Actuarial Assumptions Net Periodic Benefit Cost [Table Text Block]
Weighted-average actuarial assumptions used to determine defined benefit pension plan net periodic benefit cost/(credit) for the years ended December 31 were as follows:
 
 
2018
 
2017
 
2016
Discount rate
 
3.1
%
 
3.5
%
 
3.8
%
Expected long-term return on plan assets
 
6.2
%
 
7.0
%
 
7.2
%
Rate of compensation increase
 
0.5
%
 
0.5
%
 
0.5
%
Schedule Of Defined Benefit Historical Long Term Actual Returns [Table Text Block]
Historical long-term actual annualized returns for U.S. pension plans were as follows:
 
 
2018
 
2017
 
2016
10 years
 
10.4
%
 
6.8
%
 
6.1
%
15 years
 
7.8
%
 
9.3
%
 
7.1
%
20 years
 
7.1
%
 
7.5
%
 
7.7
%
Schedule Of Allocation Of Plan Assets [Table Text Block]
The fair value of pension and postretirement plan assets by asset category at December 31, 2018 and 2017 was as follows:
 
 
December 31, 2018
 
December 31, 2017
Dollars in Millions
 
Level 1
 
Level 2
 
Level 3
 
Total
 
Level 1
 
Level 2
 
Level 3
 
Total
Plan Assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Equity securities
 
$
124

 
$

 
$

 
$
124

 
$
799

 
$

 
$

 
$
799

Equity funds
 
2

 
475

 

 
477

 
160

 
1,358

 

 
1,518

Fixed income funds
 

 
606

 

 
606

 

 
724

 

 
724

Corporate debt securities
 

 
3,865

 

 
3,865

 

 
1,919

 

 
1,919

U.S. Treasury and agency securities
 

 
553

 

 
553

 

 
729

 

 
729

Short-term investment funds
 

 
55

 

 
55

 

 
135

 

 
135

Insurance contracts
 

 

 
134

 
134

 

 

 
138

 
138

Cash and cash equivalents
 
311

 

 

 
311

 
214

 

 

 
214

Other
 

 
105

 
19

 
124

 

 
92

 
13

 
105

Plan assets subject to leveling
 
$
437

 
$
5,659

 
$
153

 
$
6,249

 
$
1,173

 
$
4,957

 
$
151

 
$
6,281

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Plan assets measured at NAV as a practical expedient
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Equity funds
 
 
 
 
 
 
 
$

 
 
 
 
 
 
 
$
488

Venture capital and limited partnerships
 
 
 
 
 
 
 
121

 
 
 
 
 
 
 
154

Other
 
 
 
 
 
 
 
91

 
 
 
 
 
 
 
191

Total plan assets measured at NAV as a practical expedient
 
 
 
 
 
212

 
 
 
 
 
 
 
833

Net plan assets
 
 
 
 
 
 
 
$
6,461

 
 
 
 
 
 
 
$
7,114