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Retirement Plans (Tables)
9 Months Ended
Sep. 30, 2020
Retirement Plans [Abstract]  
Net Periodic Benefit Cost

Pension Benefits

For the three months ended

For the nine months ended

September 30,

September 30,

($ in millions)

2020

2019

2020

2019

Components of total pension benefit cost

Service cost

$

24 

$

21 

$

73 

$

63 

Interest cost on projected benefit obligation

26 

33 

84 

98 

Expected return on plan assets

(40)

(43)

(129)

(129)

Amortization of unrecognized loss

29 

14 

76 

42 

Net periodic pension benefit cost

39 

25 

104 

74 

Pension settlement costs

-

-

159 

-

Gain on disposal, net

-

-

(50)

-

Total pension benefit cost

$

39 

$

25 

$

213 

$

74 

Postretirement Benefits

For the three months ended

For the nine months ended

September 30,

September 30,

($ in millions)

2020

2019

2020

2019

Components of net periodic postretirement benefit cost

Service cost

$

5 

$

4 

$

15 

$

14 

Interest cost on projected benefit obligation

8 

10 

24 

31 

Amortization of prior service cost (credit)

(8)

(3)

(24)

(7)

Amortization of unrecognized (gain) loss

1 

1 

4 

(1)

Net periodic postretirement benefit cost

6 

12 

19 

37 

Gain on disposal, net

-

-

(24)

-

Total periodic postretirement benefit cost

$

6 

$

12 

$

(5)

$

37