XML 57 R18.htm IDEA: XBRL DOCUMENT v3.3.0.814
Employee Retirement Plans
 9 Months Ended
Sep. 30, 2015
Employee Retirement Plans  
Employee Retirement Plans

 

K.EMPLOYEE RETIREMENT PLANS

 

Net periodic pension cost for our defined-benefit pension plans was as follows, in millions:

 

 

 

Three Months Ended September 30,

 

 

 

2015

 

2014

 

 

 

Qualified

 

Non-Qualified

 

Qualified

 

Non-Qualified

 

Service cost

 

$

—

 

$

—

 

$
1

 

$

—

 

Interest cost

 
13

 
1

 
12

 
2

 

Expected return on plan assets

 
(12

)

—

 
(11

)

—

 

Amortization of net loss

 
5

 
1

 
2

 
1

 

 

 

 

 

 

 

 

 

 

 

Net periodic pension cost

 

$
6

 

$
2

 

$
4

 

$
3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30,

 

 

 

2015

 

2014

 

 

 

Qualified

 

Non-Qualified

 

Qualified

 

Non-Qualified

 

Service cost

 

$
2

 

$

—

 

$
3

 

$

—

 

Interest cost

 
36

 
5

 
38

 
6

 

Expected return on plan assets

 
(35

)

—

 
(35

)

—

 

Amortization of net loss

 
14

 
2

 
8

 
1

 

 

 

 

 

 

 

 

 

 

 

Net periodic pension cost

 

$
17

 

$
7

 

$
14

 

$
7

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

We participate in one regional multi-employer pension plan, principally related to one of our manufacturing companies; the plan is not considered significant to us.

 

Effective January 1, 2010, we froze all future benefit accruals under substantially all of our domestic qualified and non-qualified defined benefit pension plans.  Future benefit accruals related to our foreign non-qualified plans were frozen several years ago.