Employee Benefits

9 Months Ended

Sep. 30, 2018

Retirement Benefits [Abstract]

Employee Benefits

 Note 10    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)	2018			2017			2018			2017			2018			2017			2018			2017
Service cost	$	52		$	47		$	–		$	–		$	156		$	140		$	–		$	–
Interest cost		56			55			–			–			168			165			1			2
Expected return on plan assets		(95	)		(71	)		–			(1	)		(284	)		(213	)		(2	)		(2	)
Prior service cost (credit) amortization		–			–			(1	)		(1	)		–			(1	)		(2	)		(3	)
Actuarial loss (gain) amortization		36			31			(1	)		(1	)		109			95			(4	)		(4	)
Net periodic benefit cost (a)	$	49		$	62		$	(2	)	$	(3	)	$	149		$	186		$	(7	)	$	(7	)

(a) Service cost is included in employee benefits expense on the Consolidated Statement of Income. All other components are included in other noninterest expense on the Consolidated Statement of Income.