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Pension Plans, Retirement Benefits and Savings Plans (table)
9 Months Ended
Sep. 30, 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 September 30, in

 

Pension Plans

 

Postretirement Benefit Plans

 

millions)

 

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

)

 

 

Settlement

 

 

 

 

 

Amortization of unrecognized:

 

 

 

 

 

 

 

 

 

Prior service benefit

 

 

 

(1

)

(1

)

Net actuarial loss

 

17

 

24

 

 

 

 

 

 

 

 

 

 

 

 

 

Net periodic benefit cost

 

$

19

 

$

35

 

$

1

 

$

2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(for the nine months ended September 30, in

 

Pension Plans

 

Postretirement Benefit Plans

 

millions)

 

2016

 

2015

 

2016

 

2015

 

 

 

 

 

 

 

 

 

 

 

Net Periodic Benefit Cost:

 

 

 

 

 

 

 

 

 

Service cost

 

$

88

 

$

98

 

$

 

$

 

Interest cost on benefit obligation

 

91

 

108

 

6

 

8

 

Expected return on plan assets

 

(172

)

(173

)

 

 

Settlement

 

1

 

 

 

 

Amortization of unrecognized:

 

 

 

 

 

 

 

 

 

Prior service benefit

 

 

 

(3

)

(2

)

Net actuarial loss

 

50

 

72

 

 

 

 

 

 

 

 

 

 

 

 

 

Net periodic benefit cost

 

$

58

 

$

105

 

$

3

 

$

6