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Employee Benefit Plans
 6 Months Ended
Jun. 30, 2019
Defined Contribution Plan Disclosure [Line Items]  
Pension and Other Postretirement Benefits Disclosure [Text Block]
NOTE 14 - EMPLOYEE BENEFIT PLANS
The Company sponsors various compensation and benefit programs to attract and retain talent. Aligned with a pay for performance culture, the Company's plans and programs include short-term incentives, AIP, and various LTI plans. See Note 17, “Employee Benefit Plans,” to the Company's 2018 Annual
Report on Form 10-K for additional information regarding the Company's employee benefit plans.
Stock-based compensation expense recognized in Employee compensation in the Consolidated Statements of Income consisted of the following:
 
Three Months Ended June 30
 
Six Months Ended June 30
(Dollars in millions)
2019
 
2018
 
2019
 
2018
RSUs

$29

 

$22

 

$54

 

$60

Phantom stock units 1
13

 
9

 
25

 
27

Total stock-based compensation expense

$42

 

$31

 

$79

 

$87

 
 
 
 
 
 
 
 
Stock-based compensation tax benefit 2

$10

 

$7

 

$19

 

$21

1 Phantom stock units are settled in cash. During the three and six months ended June 30, 2019, the Company paid less than $1 million and $44 million, respectively, related to these share-based liabilities. During the three and six months ended June 30, 2018, the Company paid $1 million and $75 million, respectively, related to these share-based liabilities.
2 Does not include excess tax benefits or deficiencies recognized in the Provision for income taxes in the Consolidated Statements of Income.


Components of net periodic benefit related to the Company's pension and other postretirement benefits plans are presented in the following table and are recognized in Employee benefits in the Consolidated Statements of Income:
 
Pension Benefits 1
 
Other Postretirement Benefits
 
Three Months Ended June 30
 
Six Months Ended June 30
 
Three Months Ended June 30
 
Six Months Ended June 30
(Dollars in millions)
2019
 
2018
 
2019
 
2018
 
2019
 
2018
 
2019
 
2018
Service cost

$1

 

$1

 

$3

 

$3

 

$—

 

$—

 

$—

 

$—

Interest cost
23

 
23

 
46

 
46

 
1

 
—

 
1

 
—

Expected return on plan assets
(36
)
 
(47
)
 
(73
)
 
(94
)
 
(1
)
 
(1
)
 
(3
)
 
(2
)
Amortization of prior service credit
—

 
—

 
—

 
—

 
(2
)
 
(2
)
 
(3
)
 
(3
)
Amortization of actuarial loss
6

 
6

 
12

 
11

 
—

 
—

 
—

 
—

Net periodic benefit

($6
)
 

($17
)
 

($12
)
 

($34
)
 

($2
)
 

($3
)
 

($5
)
 

($5
)
1 Administrative fees are recognized in service cost for each of the periods presented.