Employee Benefits

9 Months Ended

Sep. 30, 2014

Compensation and Retirement Disclosure [Abstract]

Employee Benefits

 Note 11  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,
							Postretirement												Postretirement
	Pension Plans						Welfare Plan						Pension Plans						Welfare Plan
(Dollars in Millions)	2014			2013			2014			2013			2014			2013			2014			2013
Service cost	$	38		$	42		$	–		$	1		$	114		$	126		$	–		$	3
Interest cost		50			43			1			1			148			128			3			3
Expected return on plan assets		(51	)		(44	)		(1	)		–			(155	)		(132	)		(1	)		(1	)
Prior service cost (credit) and transition obligation (asset) amortization		(2	)		(1	)		(1	)		–			(4	)		(4	)		(3	)		–
Actuarial loss (gain) amortization		39			66			(1	)		(3	)		118			198			(4	)		(8	)
Net periodic benefit cost	$	74		$	106		$	(2	)	$	(1	)	$	221		$	316		$	(5	)	$	(3	)