XML 95 R19.htm IDEA: XBRL DOCUMENT v2.4.1.9
Employee Benefit Plans
3 Months Ended
Mar. 31, 2015
Employee Benefit Plans [Abstract]  
Employee Benefit Plans
NOTE 11 - EMPLOYEE BENEFIT PLANS
The Company sponsors incentive programs which are delivered through various plans, such as defined contribution, noncontributory pension, and other postretirement benefit plans, as well as through the issuance of RSUs, restricted stock, and LTI cash. See Note 15, “Employee Benefit Plans,” to the Company's 2014 Annual Report on Form 10-K for further information regarding the employee benefit plans.
The following table summarizes stock-based compensation expense recognized in noninterest expense for the three months ended March 31:
(Dollars in millions)
2015
 
2014
Stock options

$—

 

$1

Restricted stock
6

 
8

RSUs
18

 
14

Total stock-based compensation

$24

 

$23

Stock-based compensation tax benefit

$9

 

$9


The following table summarizes components of the net periodic benefit for pension and other postretirement benefits for the three months ended March 31:
 
Pension Benefits 1
 
Other Postretirement Benefits
(Dollars in millions)
2015
 
2014
 
2015
 
2014
Service cost

$1

 

$1

 

$—

 

$—

Interest cost
29

 
31

 

 
1

Expected return on plan assets
(51
)
 
(50
)
 
(1
)
 
(2
)
Amortization of actuarial loss/(gain)
5

 
4

 

 
(1
)
Amortization of prior service credit

 

 
(1
)
 

Net periodic benefit

($16
)
 

($14
)
 

($2
)
 

($2
)
1 Administrative fees are recognized in service cost for each of the periods presented.