NOTE 15 - EMPLOYEE BENEFIT PLANS

The Company sponsors various short-term incentive plans and LTI plans for eligible employees, which may be delivered through various incentive programs, such as RSUs, restricted stock, and LTI cash. AIP is the Company's short-term cash incentive plan for key employees that provides for potential annual cash awards based on the Company's performance and/or the achievement of business unit and individual performance objectives. Awards under the LTI cash plan generally cliff vest over a period of three years from the date of the award and are paid in cash. All incentive awards are subject to clawback provisions. Compensation expense for these incentive plans with cash payouts was $203 million, $150 million, and $155 million for the years ended December 31, 2014, 2013, and 2012.

Stock-Based Compensation

The Company provides stock-based awards through the 2009 Stock Plan under which the Compensation Committee of the Board of Directors has the authority to grant stock options, stock appreciation rights, restricted stock, and RSUs to key employees of the Company. Some awards may have performance or other conditions, such as vesting tied to the Company's total shareholder return relative to a peer group or vesting tied to the achievement of an absolute financial performance target.

On January 9, 2014 the Compensation Committee of the Board of Directors approved, subject to shareholder approval, an amendment to the 2009 Stock Plan as amended and restated effective January 1, 2014, to remove the sub-limit on shares available for grant that may be issued as restricted stock or RSUs. Following shareholder approval of the Plan amendment, which occurred on April 22, 2014, all of the 17 million remaining authorized shares previously under the Plan became available for grant as stock options, stock appreciation rights, restricted stock, or RSUs. Prior to the Plan amendment, only a portion of such shares were available to be granted as either restricted stock or RSUs. At December 31, 2014, approximately 18 million shares were available for grant.

Shares or units of restricted stock may be granted to employees and directors. Generally, grants to employees either cliff vest after three years or vest pro rata annually over three years. Restricted stock grants may be subject to one or more criteria, including employment, performance, or other conditions as established by the Compensation Committee at the time of grant. Any shares of restricted stock that are forfeited will again become available for issuance under the Stock Plan. An employee or director has the right to vote the shares of restricted stock after grant unless and until they are forfeited. Compensation cost for restricted stock and RSUs is generally equal to the fair market value of the shares on the grant date of the award and is amortized to compensation expense over the vesting period. Dividends are paid on awarded but unvested restricted stock.

The Company accrues and reinvests dividends in equivalent shares of SunTrust common stock for unvested RSU awards, which are paid out only when the underlying RSU award vests. Generally, RSU awards are classified as equity. However, during 2012 there were 574,257 RSUs granted that were classified as a liability because the grant date had not been achieved as defined under U.S. GAAP. The awards were granted with a fair value of $21.67 per unit on the grant date. The balance of these RSUs classified as a liability at December 31, 2014 and 2013 was $21 million and $17 million, respectively.

Consistent with the Company's decision to discontinue the issuance of stock options in 2014, no stock options were granted during the year ended December 31, 2014. The fair value of option grants was estimated on the date of grant using the Black-Scholes option pricing model based on the following assumptions:



	Year Ended December 31
	2014 ¹	2013		2012
Dividend yield	N/A	1.28	%	0.91	%
Expected stock price volatility	N/A	30.98		39.88
Risk-free interest rate (weighted average)	N/A	1.02		1.07
Expected life of options	N/A	6 years		6 years

¹ Assumptions are not applicable ("N/A") as the Company discontinued the issuance of stock options and no stock options were granted for the year ended December 31, 2014.

The expected volatility represented the implied volatility of SunTrust stock. The expected term represented the period of time that the stock options granted were expected to be outstanding and was derived from historical data that was used to evaluate patterns such as stock option exercise and employee termination. The Company used the projected dividend to be paid as the dividend yield assumption. The risk-free interest rate is derived from the U.S. Treasury yield curve in effect at the time of grant based on the expected life of the option.

Stock options were granted at an exercise price that was no less than the fair market value of a share of SunTrust common stock on the grant date and were either tax-qualified incentive stock options or non-qualified stock options. Stock options typically vest pro-rata over three years and generally have a maximum contractual life of ten years. Upon exercise, shares are generally issued from treasury stock. The weighted average fair value of options granted during years ended December 31, 2013 and 2012 were $7.37 and $7.83, respectively, per share.

The following table presents a summary of stock option and restricted stock activity:



	Stock Options					Restricted Stock							Restricted Stock Units
(Dollars in millions, except per share data)	Shares		Price Range	Weighted Average Exercise Price		Shares		Deferred Compensation			Weighted Average Grant Price		Shares		Weighted Average Grant Price
Balance, January 1, 2012	15,869,417		9.06 - 150.45		$48.53	4,622,167			$48			$21.46	405,475			$35.98
Granted	859,390		21.67 - 23.68	21.92		1,737,202		38			21.97		1,717,148		22.65
Exercised/vested	(973,048	)	9.06 - 22.69	9.90		(2,148,764	)	—			14.62		(109,149	)	27.73
Cancelled/expired/forfeited	(2,444,107	)	9.06 - 85.06	45.73		(524,284	)	(8		)	19.91		(82,828	)	22.79
Amortization of restricted stock compensation	—		—	—		—		(30		)	—		—		—
Balance, December 31, 2012	13,311,652		9.06 - 150.45	50.15		3,686,321		48			25.56		1,930,646		25.16
Granted	552,998		27.41	27.41		1,314,277		39			29.58		593,093		24.65
Exercised/vested	(712,981	)	9.06 - 27.79	16.94		(821,636	)	—			25.95		(41,790	)	28.73
Cancelled/expired/forfeited	(2,222,298	)	21.67 - 118.18	56.55		(195,424	)	(5		)	27.41		14,229		20.54
Amortization of restricted stock compensation	—		—	—		—		(32		)	—		—		—
Balance, December 31, 2013	10,929,371		$9.06 - 150.45	49.86		3,983,538		50			27.04		2,496,178		26.69
Granted	—		—	—		21,427		—			39.20		1,590,075		36.67
Exercised/vested	(426,889	)	9.06 - 32.27	20.86		(957,308	)	—			29.31		(338,196	)	32.80
Cancelled/expired/forfeited	(2,774,725	)	23.70 - 149.81	71.10		(117,798	)	(2		)	25.60		(58,793	)	37.73
Amortization of restricted stock compensation	—		—	—		—		(27		)	—		—		—
Balance, December 31, 2014	7,727,757		$9.06 - 150.45		$43.84	2,929,859			$21			$26.45	3,689,264			$31.15
Exercisable, December 31, 2014	7,106,639				$45.47

The following table presents stock option information at December 31, 2014:



	Options Outstanding						Options Exercisable
(Dollars in millions, except per share data)	Number Outstanding at December 31, 2014	Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Years)	Total Aggregate Intrinsic Value		Number Exercisable at December 31, 2014	Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Years)	Total Aggregate Intrinsic Value
Range of Exercise Prices:
$9.06 to 49.46	4,174,504		$19.63	5.18		$93	3,553,386		$18.66	4.73		$83
$49.47 to 64.57	781	56.34		2.84	—		781	56.34		2.84	—
$64.58 to 150.45	3,552,472	72.29		1.16	—		3,552,472	72.29		1.16	—
	7,727,757		$43.84	3.33		$93	7,106,639		$45.47	2.95		$83

The aggregate intrinsic value in the preceding table represents the total pre-tax intrinsic value (the difference between the Company’s closing stock price on the last trading day of 2014 and the exercise price, multiplied by the number of in-the-money stock options) that would have been received by the option holders had all option holders exercised their options on December 31, 2014.



	Years Ended December 31
(Dollars in millions)	2014		2013		2012
Intrinsic value of options exercised ¹		$8		$11		$15
Fair value of vested restricted shares ¹	28		21		31
Fair value of vested RSUs ¹	11		1		3

¹Measured as of the grant date.

At December 31, 2014 and 2013, there was $61 million and $66 million, respectively, of unrecognized stock-based compensation expense related to unvested stock options, restricted stock, and RSUs. The unrecognized stock compensation expense for December 31, 2014 is expected to be recognized over a weighted average period of 1.68 years.

Stock-based compensation and the related tax benefit was as follows:



	Years Ended December 31
(Dollars in millions)	2014		2013		2012
Stock options		$2		$6		$11
Restricted stock	27		32		30
RSUs	34		18		27
Total stock-based compensation		$63		$56		$68
Stock-based compensation tax benefit		$24		$21		$26

Retirement Plans

Defined Contribution Plan

SunTrust's employee benefit program includes a qualified defined contribution plan. For years ended December 31, 2014, 2013, and 2012, the plan provided a dollar for dollar match on the first 6% of eligible pay that a participant, including executive participants, elected to defer to the 401(k) plan. The Company's expense related to this plan for the year ended December 31, 2014 was $98 million and $96 million for both December 31, 2013 and 2012. SunTrust also maintains the SunTrust Banks, Inc. Deferred Compensation Plan in which key executives of the Company are eligible. In accordance with the terms of the plan, the matching contribution to the deferred compensation plan is the same percentage of match as provided in the 401(k) Plan subject to such limitations as may be imposed by the plans' provisions and applicable laws and regulations. Employees will vest in all Company 401(k) matching contributions and matching contributions under the deferred compensation plan upon completion of two years of vesting service. Effective January 1, 2012, the Company's 401(k) plan and the deferred compensation plan were amended to permit an additional discretionary Company contribution equal to a fixed percentage of eligible pay, as defined in the respective plans. Discretionary contributions to the 401(k) Plan and the Deferred Compensation Plan are shown in the following table.



	Performance Year ¹
(Dollars in millions)	2014			2013			2012
Contribution		$19			$19			$38
Percentage of eligible pay	1		%	1		%	2		%

¹Contributions for each of these performance years are paid in the first quarter of the following performance year.

Noncontributory Pension Plans

The Company maintains a funded, noncontributory qualified retirement plan (the "Retirement Plan") covering employees meeting certain service requirements. The plan provides benefits based on salary and years of service and, effective January 1, 2008, either a traditional pension benefit formula, a cash balance formula (the PPA), or a combination of both. Participants are 100% vested after three years of service. The interest crediting rate applied to each PPA was 3.89% for 2014. The Company monitors the funding status of the plan closely and due to the current funded status, the Company did not contribute to either of its noncontributory qualified retirement plans ("Retirement Benefit Plans") for the 2014 plan year.

The Company also maintains unfunded, noncontributory nonqualified supplemental defined benefit pension plans that cover key executives of the Company (the "SERP", the "ERISA Excess Plan", and the "Restoration Plan"). The plans provide defined benefits based on years of service and salary. The Company's obligations for these nonqualified supplemental defined benefit pension plans are included within the qualified Pension Plans in the tables presented in this section under “Pension Benefits.”

The SunTrust Banks, Inc. Restoration Plan (the “Restoration Plan”), effective January 1, 2011, is a nonqualified defined benefit cash balance plan designed to restore benefits to certain employees that are limited under provisions of the Internal Revenue Code and are not otherwise provided for under the ERISA Excess Plan. The benefit formula under the Restoration Plan is the same as the PPA under the Retirement Plan.

On October 1, 2004, the Company acquired NCF. Prior to the acquisition, NCF sponsored a funded qualified retirement plan, an unfunded nonqualified retirement plan for some of its participants, and certain other postretirement health benefits for its employees. Similar to the Company's Retirement Plan, due to the current funding status of the NCF qualified Retirement Plan, the Company did not make a contribution for the 2014 plan year.

The Retirement Plan, the SERP, the ERISA Excess Plan, and the Restoration Plan were each amended on November 14, 2011 to cease all future benefit accruals. As a result, the traditional pension benefit formulas (final average pay formulas) do not reflect future salary increases and benefit service after December 31, 2011, and compensation credits under the Personal Pension Accounts (cash balance formula) ceased. However, interest credits under the Personal Pension Accounts continue to accrue until benefits are distributed and service continues to be recognized for vesting and eligibility requirements for early retirement. Additionally, the NCF Retirement Plan, which had been previously curtailed with respect to future benefit accruals, was amended to cease any adjustments for pay increases after December 31, 2011.

Other Postretirement Benefits

Although not a contractual obligation, the Company provides certain health care and life insurance benefits to retired employees (“Other Postretirement Benefits”). At the option of the Company, retirees may continue certain health and life insurance benefits if they meet specific age and service requirements at the time of retirement. The health care plans are contributory with participant contributions adjusted annually, and the life insurance plans are noncontributory. Certain retiree health benefits are funded in a Retiree Health Trust. Additionally, certain retiree life insurance benefits are funded in a VEBA. The Company reserves the right to amend or terminate any of the benefits at any time. Effective April 1, 2014, the Company amended the plan which now requires retirees age 65 and older to enroll in individual Medicare supplemental plans. In addition, the Company will fund a tax-advantaged HRA to assist some retirees with medical expenses. The plan amendment was measured as of December 31, 2013 and resulted in a decrease of $76 million in the liability and AOCI for the postretirement benefits plan. The Company contributed less than $1 million to the Postretirement Welfare Plan during the year ended December 31, 2014. The expected pre-tax long-term rate of return on plan assets for the Postretirement Welfare Plan is 5.00% for 2015.

Assumptions

Each year, the SBFC, which includes several members of senior management, reviews and approves the assumptions used in the year-end measurement calculations for each plan. The discount rate for each plan, used to determine the present value of future benefit obligations, is determined by matching the expected cash flows of each plan to a yield curve based on long-term, high quality fixed income debt instruments available as of the measurement date. A series of benefit payments projected to be paid by the plan is developed based on the most recent census data, plan provisions, and assumptions. The benefit payments at each future maturity date are discounted by the year-appropriate spot interest rates. The model then solves for the discount rate that produces the same present value of the projected benefit payments as generated by discounting each year’s payments by the spot interest rate.

Actuarial gains and losses are created when actual experience deviates from assumptions. The actuarial losses on obligations generated within the pension plans during 2014 resulted primarily from lower interest rates. The actuarial gains during 2013 resulted primarily from higher interest rates and better than expected asset returns.

The following table presents the change in benefit obligations, change in fair value of plan assets, funded status, and accumulated benefit obligation for the years ended December 31.



	Pension Benefits ¹						Other Postretirement Benefits ²
(Dollars in millions)	2014			2013			2014			2013
Benefit obligation, beginning of year		$2,575			$2,838			$81			$167
Service cost	5			5			—			—
Interest cost	124			113			3			6
Plan participants’ contributions	—			—			11			21
Actuarial loss/(gain)	401			(195		)	(10		)	1
Benefits paid	(165		)	(181		)	(16		)	(38		)
Administrative expenses paid from pension trust	(5		)	(5		)	—			—
Plan amendments	—			—			—			(76		)
Benefit obligation, end of year ³		$2,935			$2,575			$69			$81

Change in plan assets:
Fair value of plan assets, beginning of year		$2,873			$2,742			$158			$164
Actual return on plan assets	371			309			8			14
Employer contributions	6			8			—			—
Plan participants’ contributions	—			—			11			21
Benefits paid	(165		)	(181		)	(17		)	(41		)
Administrative expenses paid from pension trust	(5		)	(5		)	—			—
Fair value of plan assets, end of year ⁴		$3,080			$2,873			$160			$158

Funded status at end of year		$145			$298			$91			$77
Funded status at end of year (%)	105		%	112		%

Accumulated benefit obligation		$2,935			$2,575

¹ Employer contributions represent the benefits that were paid to nonqualified plan participants. SERPs are not funded through plan assets.

²Plan remeasured at December 31, 2013 due to plan amendment.

³Includes $85 million and $80 million of benefit obligations for the unfunded nonqualified supplemental pension plans at December 31, 2014 and 2013, respectively.

⁴Includes $1 million and $0, of the Company's common stock acquired by the asset manager and held as part of the equity portfolio for pension benefits at December 31, 2014 and 2013, respectively.



	Pension Benefits				Other Postretirement Benefits
(Weighted average assumptions used to determine benefit obligations, end of year)	2014		2013		2014		2013
Discount rate	4.09	%	4.98	%	3.60	%	4.15	%

The following presents the balances of pension plan assets measured at fair value. See Note 18, "Fair Value Election and Measurement" for level definitions within the fair value hierarchy.



				Fair Value Measurements at December 31, 2014 ¹
(Dollars in millions)	Total			Level 1		Level 2			Level 3
Money market funds		$122			$122		$—			$—
Equity securities	1,467			1,467		—			—
Futures contracts	(21		)	—		(21		)	—
Fixed income securities	1,478			107		1,371			—
Other assets	17			17		—			—
Total plan assets		$3,063			$1,713		$1,350			$—

¹Schedule does not include accrued income amounting to less than 0.6% of total plan assets.



			Fair Value Measurements at December 31, 2013 ¹
(Dollars in millions)	Total		Level 1		Level 2		Level 3
Money market funds		$83		$83		$—		$—
Equity securities	1,374		1,374		—		—
Futures contracts	8		—		8		—
Fixed income securities	1,387		157		1,230		—
Other assets	2		2		—		—
Total plan assets		$2,854		$1,616		$1,238		$—

¹Schedule does not include accrued income amounting to less than 0.7% of total plan assets

The following presents the balances of other postretirement benefit assets measured at fair value. See Note 18, "Fair Value Election and Measurement" for level definitions within the fair value hierarchy.



			Fair Value Measurements at December 31, 2014 ¹
(Dollars in millions)	Total		Level 1		Level 2		Level 3
Money market funds		$13		$13		$—		$—
Mutual funds:
Equity index fund	51		51		—		—
Tax exempt municipal bond funds	82		82		—		—
Taxable fixed income index funds	14		14		—		—
Total plan assets		$160		$160		$—		$—



			Fair Value Measurements at December 31, 2013 ¹
(Dollars in millions)	Total		Level 1		Level 2		Level 3
Money market funds		$7		$7		$—		$—
Mutual funds:
Equity index fund	52		52		—		—
Tax exempt municipal bond funds	85		85		—		—
Taxable fixed income index funds	14		14		—		—
Total plan assets		$158		$158		$—		$—

¹ Fair value measurements do not include accrued income.

The SBFC establishes investment policies and strategies and formally monitors the performance of the investments throughout the year. The Company’s investment strategy with respect to pension assets is to invest the assets in accordance with ERISA and related fiduciary standards. The long-term primary investment objectives for the pension plans are to provide a commensurate amount of long-term growth of capital (both principal and income) in order to satisfy the pension plan obligations without undue exposure to risk in any single asset class or investment category. The objectives are accomplished through investments in equities, fixed income, and cash equivalents using a mix that is conducive to participation in a rising market while allowing for protection in a declining market. The portfolio is viewed as long-term in its entirety, avoiding decisions regarding short-term concerns and any single investment. Asset allocation, as a percent of the total market value of the total portfolio, is set with the target percentages and ranges presented in the investment policy statement. Rebalancing occurs on a periodic basis to maintain the target allocation, but normal market activity may result in deviations.

The basis for determining the overall expected long-term rate of return on plan assets considers past experience, current market conditions, and expectations on future trends. A building block approach is used that considers long-term inflation, real returns, equity risk premiums, target asset allocations, market corrections, and expenses. Capital market simulations from internal and external sources, survey data, economic forecasts, and actuarial judgment are all used in this process. The expected 2014 long-term gross rate of return on plan assets for the SunTrust Retirement Plan and NCF Retirement Plan was 7.20% and 6.65%, respectively, gross of administration fees. For 2013, the expected long-term rate of return on both plans was 7.00%. The expected long-term gross rate of return is 6.95% for the SunTrust Retirement Plan and 6.15% for the NCF Retirement Plan for 2015.

The target allocation and weighted average allocation for pension plan assets, by asset category, are as follows:



	Target Allocation		December 31
	2015		2014		2013
Cash equivalents	0-10	%	4	%	3	%
Equity securities	0-50		48		48
Debt securities	50-100		48		49
Total			100	%	100	%

The investment strategy for the other postretirement benefit plans is maintained separately from the strategy for the pension plans. The Company’s investment strategy is to create a series of investment returns sufficient to provide a commensurate amount of long-term growth of capital (both principal and income) in order to satisfy the other postretirement benefit plan's obligations. These assets are diversified among equity funds and fixed income investments according to the asset mix approved by the SBFC, which is presented in the target allocation table below. With the other postretirement benefits having a shorter time horizon, a lower equity profile is appropriate. The pre-tax expected long-term rate of return on retiree life insurance plan assets was 5.25% for 2014 and 5.00% for 2013. The 2015 pre-tax expected long-term rate of return on retiree life plan assets is 5.00%. The after-tax expected long-term rate of return on retiree health plan assets was 3.41% for 2014 and 3.25% for 2013. The 2015 after-tax expected long-term rate of return on retiree health plan assets is 3.25%. During 2014 and 2013, there was no SunTrust common stock held in the other postretirement benefit plans.

The target allocation and weighted average allocation for other postretirement benefit plan assets, by asset category, are as follows:



	Target Allocation		December 31
	2015		2014		2013
Cash equivalents	5-15	%	8	%	5	%
Equity securities	20-40		32		33
Debt securities	50-70		60		62
Total			100	%	100	%

The Company sets pension asset values equal to their market value, in contrast to the use of a smoothed asset value that incorporates gains and losses over a period of years. Utilization of market value of assets provides a more realistic economic measure of the plan’s funded status and cost. Assumed discount rates and expected returns on plan assets affect the amounts of net periodic benefit. A 25 basis point increase/decrease in the expected long-term return on plan assets would increase/decrease the net periodic benefit by $7 million for all pension and other postretirement plans. A 25 basis point increase/decrease in the discount rate would change the net periodic benefit by less than $1 million for all pension and other postretirement plans.

Assumed healthcare cost trend rates have a significant effect on the amounts reported for the other postretirement benefit plans. At December 31, 2014, the Company assumed that pre-65 retiree health care costs will increase at an initial rate of 7.50% per year. The Company expects this annual cost increase to decrease over a 10-year period to 5.00% per year. A 1% increase or decrease on other postretirement benefit obligations, service cost, and interest cost are less than $1 million, respectively.

Expected Cash Flows

Information about the expected cash flows for the pension benefit and other postretirement benefit plans is as follows:



(Dollars in millions)	Pension Benefits ¹		Other Postretirement Benefits (excluding Medicare Subsidy) ²
Employer Contributions
2015 (expected) to plan trusts		$—		$—
2015 (expected) to plan participants ³	7		—
Expected Benefit Payments
2015	191		7
2016	171		7
2017	171		6
2018	167		6
2019	166		5
2019 - 2024	846		21

¹Based on the funding status and ERISA limitations, the Company anticipates contributions to the Retirement Plan will not be required during 2015.

²Expected payments under other postretirement benefit plans are shown net of participant contributions.

³The expected benefit payments for the SERP will be paid directly from the Company's corporate assets.

Net Periodic Benefit

Components of net periodic benefit for the year ended December 31 were as follows:



	Pension Benefits ¹										Other Postretirement Benefits
(Dollars in millions)	2014			2013			2012				2014				2013				2012
Service cost		$5			$5			$5				$—				$—				$—
Interest cost	124			113			119				3				6				7
Expected return on plan assets	(200		)	(192		)	(178		)		(5		)		(6		)		(7		)
Amortization of actuarial loss	16			26			25				—				—				—
Amortization of prior service credit	—			—			—				(6		)		—				—
Settlement loss	—			—			2				—				—				—
Net periodic (benefit)/cost		($55	)		($48	)		($27	)			($8	)			$—				$—

Weighted average assumptions used to determine net periodic benefit:
Discount rate	4.98		%	4.08		%	4.63		%	²	4.15		%		3.45		%		4.10		%
Expected return on plan assets	7.20			7.20			7.20				3.41			³	3.25			³	4.06			³

¹Administrative fees are recognized in service cost for each of the periods presented.

² Interim remeasurement was required on September 15, 2012 for the SunTrust SERP to reflect settlement accounting.

³The weighted average shown is determined on an after-tax basis.

At December 31, components of the benefit obligations AOCI balance were as follows:



	Pension Benefits				Other Postretirement Benefits
(Dollars in millions)	2014		2013		2014			2013
Net actuarial loss/(gain)		$1,021		$807		($14	)		($1	)
Prior service credit	—		—		(70		)	(76		)
Total AOCI, pre-tax		$1,021		$807		($84	)		($77	)

Other changes in plan assets and benefit obligations recognized in AOCI during 2014 were as follows:



(Dollars in millions)	Pension Benefits			Other Postretirement Benefits
Current year actuarial loss/(gain)		$230			($13	)
Amortization of actuarial loss	(16		)	—
Amortization of prior service credit	—			6
Total recognized in AOCI, pre-tax		$214			($7	)
Total recognized in net periodic benefit and AOCI, pre-tax		$159			($15	)

For pension plans, the estimated actuarial loss that will be amortized from AOCI into net periodic benefit in 2015 is $21 million. For the other postretirement plans, the estimated prior service credit to be amortized from AOCI into net periodic benefit in 2015 is $6 million.