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Pension Plans, Retirement Benefits and Savings Plans (table)
3 Months Ended
Mar. 31, 2016
Pension Plans, Retirement Benefits and Savings Plans disclosure  
Summary of the components of net periodic benefit cost for the Company's pension and postretirement benefit plans recognized in the consolidated statement of income [Table Text Block]

 

 

(for the three months ended March 31, in millions)

 

Pension Plans

 

Postretirement Benefit Plans

 

 

 

2016

 

2015

 

2016

 

2015

 

Net Periodic Benefit Cost:

 

 

 

 

 

 

 

 

 

Service cost

 

$

29

 

$

33

 

$

 

$

 

Interest cost on benefit obligation

 

30

 

36

 

2

 

3

 

Expected return on plan assets

 

(57

)

(58

)

 

 

Amortization of unrecognized:

 

 

 

 

 

 

 

 

 

Prior service benefit

 

 

 

(1

)

(1

)

Net actuarial loss

 

17

 

24

 

 

 

Net periodic benefit cost

 

$

19

 

$

35

 

$

1

 

$

2