XML 27 R17.htm IDEA: XBRL DOCUMENT v3.19.2
Employee Benefit Plans
 6 Months Ended
Jun. 30, 2019
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract]  
Employee Benefit Plans EMPLOYEE BENEFIT PLANS
Net periodic defined benefit cost (credit) comprise service cost and other components of net benefit cost (credit). Service costs are included in salaries and benefits expense and other components of net benefit cost (credit) are included in other noninterest expenses on the Consolidated Statements of Comprehensive Income. For further information on the Corporation's employee benefit plans, refer to Note 17 to the consolidated financial statements in the Corporation's 2018 Annual Report.
The components of net periodic benefit cost (credit) for the Corporation's qualified pension plan, non-qualified pension plan and postretirement benefit plan are as follows.
Qualified Defined Benefit Pension Plan
Three Months Ended June 30,
 
Six Months Ended June 30,
(in millions)
2019
 
2018
 
2019
 
2018
Service cost
$
7

 
$
8

 
$
15

 
$
15

 
 
 
 
 
 
 
 
Other components of net benefit credit:
 
 
 
 
 
 
 
Interest cost
20

 
18

 
40

 
37

Expected return on plan assets
(41
)
 
(41
)
 
(83
)
 
(82
)
Amortization of prior service credit
(4
)
 
(4
)
 
(9
)
 
(9
)
Amortization of net loss
8

 
12

 
17

 
25

Total other components of net benefit credit
(17
)
 
(15
)
 
(35
)
 
(29
)
Net periodic defined benefit credit
$
(10
)
 
$
(7
)
 
$
(20
)
 
$
(14
)
Non-Qualified Defined Benefit Pension Plan
Three Months Ended June 30,
 
Six Months Ended June 30,
(in millions)
2019
 
2018
 
2019
 
2018
Service cost
$
1

 
$
1

 
$
2

 
$
1

 
 
 
 
 
 
 
 
Other components of net benefit cost:
 
 
 
 
 
 
 
Interest cost
2

 
2

 
4

 
4

Amortization of prior service credit
(2
)
 
(3
)
 
(4
)
 
(5
)
Amortization of net loss
2

 
3

 
4

 
5

Total other components of net benefit cost
2

 
2

 
4

 
4

Net periodic defined benefit cost
$
3

 
$
3

 
$
6

 
$
5

Postretirement Benefit Plan
Three Months Ended June 30,
 
Six Months Ended June 30,
(in millions)
2019
 
2018
 
2019
 
2018
Other components of net benefit credit:
 
 
 
 
 
 
 
Interest cost
$
—

 
$
—

 
$
1

 
$
1

Expected return on plan assets
—

 
(1
)
 
(1
)
 
(2
)
Net periodic defined benefit credit
$
—

 
$
(1
)
 
$
—

 
$
(1
)