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Retirement Plans (Tables)
3 Months Ended
Mar. 31, 2020
Retirement Plans [Abstract]  
Net Periodic Benefit Cost

Pension Benefits

For the three months ended

March 31,

($ in millions)

2020

2019

Components of total pension benefit cost

Service cost

$

25 

$

21 

Interest cost on projected benefit obligation

30 

33 

Expected return on plan assets

(50)

(43)

Amortization of unrecognized loss

17 

14 

Net periodic pension benefit cost

22 

25 

Pension settlement costs

103 

-

Total pension benefit cost

$

125 

$

25 

Postretirement Benefits

For the three months ended

March 31,

($ in millions)

2020

2019

Components of net periodic postretirement benefit cost

Service cost

$

5 

$

5 

Interest cost on projected benefit obligation

8 

10 

Amortization of prior service cost (credit)

(8)

(1)

Amortization of unrecognized (gain) loss

2 

(2)

Net periodic postretirement benefit cost

$

7 

$

12