Employee Benefits

9 Months Ended

Sep. 30, 2012


Note 8		Employee Benefits

The components of net periodic benefit cost for the Company’s retirement plans were:


	Three Months Ended September 30,												Nine Months Ended September 30,
	Pension Plans						Postretirement Welfare Plan						Pension Plans						Postretirement Welfare Plan
(Dollars in Millions)	2012			2011			2012			2011			2012			2011			2012			2011
Service cost	$	33		$	30		$	2		$	1		$	97		$	89		$	4		$	3
Interest cost		42			42			1			3			126			126			5			7
Expected return on plan assets		(48	)		(52	)		(1	)		(1	)		(143	)		(155	)		(2	)		(3	)
Prior service cost (credit) and transition obligation (asset) amortization		(2	)		(2	)		—			—			(4	)		(7	)		—			—
Actuarial loss (gain) amortization		41			31			(1	)		(2	)		121			94			(5	)		(5	)

Net periodic benefit cost	$	66		$	49		$	1		$	1		$	197		$	147		$	2		$	2

- Definition

The entire disclosure for pension and other postretirement benefits.

+ References

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+ Details