Employee Benefits

3 Months Ended

Mar. 31, 2019

Retirement Benefits [Abstract]

Employee Benefits

 Note 11    Employee Benefits

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

	Three Months Ended March 31
	Pension Plans						Postretirement Welfare Plan
(Dollars in Millions)	2019			2018			2019			2018
Service cost	$	48		$	52		$	–		$	–
Interest cost		62			56			1			1
Expected return on plan assets		(95	)		(95	)		(1	)		(1	)
Prior service cost (credit) amortization		–			–			(1	)		(1	)
Actuarial loss (gain) amortization		24			37			(1	)		(2	)
Net periodic benefit cost (a)	$	39		$	50		$	(2	)	$	(3	)

(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.