XML 76 R59.htm IDEA: XBRL DOCUMENT v3.20.4
Employee Benefits (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Target allocation and pension plan asset allocation            
Contributions made to defined benefit pension plans $ 38 $ 9        
Estimated fair value of plan assets 206 156 $ 156 $ 206 $ 185 $ 156
Reconciliation of benefit obligation:            
Benefit obligation at beginning of year 348 293        
Service cost 9 8 10      
Interest cost 11 12 11      
Actuarial losses 58 50        
Plan settlements (38) (9)        
Benefits paid (9) (9)        
Other   3        
Benefit obligation at end of year 379 348 293      
Reconciliation of fair value of plan assets:            
Fair value of plan assets at beginning of year 185 156        
Actual return on plan assets 27 35        
Employer contributions 38 9        
Plan settlements (38) (9)        
Benefits paid (6) (6)        
Fair value of plan assets at end of year 206 185 156      
Funded status       (173) (163)  
Expected future benefit payments            
2021       10    
2022       30    
2023       19    
2024       22    
2025       14    
Next five years after year five       77    
Components of net periodic benefit cost:            
Service cost 9 8 10      
Interest cost 11 12 11      
Expected return on plan assets (11) (10) (11)      
Amortization 7 5 6      
Settlement loss recognized 11 2        
Net periodic benefit cost 27 17 16      
Amounts not reflected in net periodic benefit cost and included in accumulated other comprehensive loss (AOCL) before taxes            
Total accumulated other comprehensive loss       112 88  
Other disclosures            
Pension distribution 32          
Deferred compensation paid 32          
Contribution expense for multi-employer pension fund, the United Food and Commercial Workers International Union-Industry Pension Fund, which covers certain union employees under a collective bargaining agreement   $ 1 $ 1      
Estimated withdrawal liability         14  
Time period over which quarterly installment payments will be made   20 years        
Defined benefit pension plan            
Target allocation and pension plan asset allocation            
Estimated fair value of plan assets $ 185 $ 185   206 185  
Weighted-average assumptions            
Expected return on plan assets (as a percent) 6.25% 6.25% 6.25%      
Long-term rate of increase in compensation levels (as a percent) 4.00% 4.00% 4.00%      
Reconciliation of fair value of plan assets:            
Fair value of plan assets at beginning of year $ 185          
Fair value of plan assets at end of year 206 $ 185        
Funded status       (43) (53)  
Expected future benefit payments            
Accumulated benefit obligation       157 205  
Defined benefit pension plan | Level 1            
Target allocation and pension plan asset allocation            
Estimated fair value of plan assets 185 185   206 185  
Reconciliation of fair value of plan assets:            
Fair value of plan assets at beginning of year 185          
Fair value of plan assets at end of year 206 185        
Defined benefit pension plan | Domestic equity securities            
Target allocation and pension plan asset allocation            
Estimated fair value of plan assets 84 84   93 84  
Reconciliation of fair value of plan assets:            
Fair value of plan assets at beginning of year 84          
Fair value of plan assets at end of year 93 84        
Defined benefit pension plan | Domestic equity securities | Level 1            
Target allocation and pension plan asset allocation            
Estimated fair value of plan assets 84 84   93 84  
Reconciliation of fair value of plan assets:            
Fair value of plan assets at beginning of year 84          
Fair value of plan assets at end of year 93 84        
Defined benefit pension plan | Foreign equity securities            
Target allocation and pension plan asset allocation            
Estimated fair value of plan assets 57 57   64 57  
Reconciliation of fair value of plan assets:            
Fair value of plan assets at beginning of year 57          
Fair value of plan assets at end of year 64 57        
Defined benefit pension plan | Foreign equity securities | Level 1            
Target allocation and pension plan asset allocation            
Estimated fair value of plan assets 57 57   64 57  
Reconciliation of fair value of plan assets:            
Fair value of plan assets at beginning of year 57          
Fair value of plan assets at end of year 64 57        
Defined benefit pension plan | Fixed income            
Target allocation and pension plan asset allocation            
Estimated fair value of plan assets 30 30   32 30  
Reconciliation of fair value of plan assets:            
Fair value of plan assets at beginning of year 30          
Fair value of plan assets at end of year 32 30        
Defined benefit pension plan | Fixed income | Level 1            
Target allocation and pension plan asset allocation            
Estimated fair value of plan assets 30 30   32 30  
Reconciliation of fair value of plan assets:            
Fair value of plan assets at beginning of year 30          
Fair value of plan assets at end of year 32 30        
Defined benefit pension plan | Foreign fixed income mutual funds            
Target allocation and pension plan asset allocation            
Estimated fair value of plan assets 12 12   15 12  
Reconciliation of fair value of plan assets:            
Fair value of plan assets at beginning of year 12          
Fair value of plan assets at end of year 15 12        
Defined benefit pension plan | Foreign fixed income mutual funds | Level 1            
Target allocation and pension plan asset allocation            
Estimated fair value of plan assets 12 12   15 12  
Reconciliation of fair value of plan assets:            
Fair value of plan assets at beginning of year 12          
Fair value of plan assets at end of year 15 12        
Defined benefit pension plan | Money market funds            
Target allocation and pension plan asset allocation            
Estimated fair value of plan assets 2 2   2 2  
Reconciliation of fair value of plan assets:            
Fair value of plan assets at beginning of year 2          
Fair value of plan assets at end of year 2 2        
Defined benefit pension plan | Money market funds | Level 1            
Target allocation and pension plan asset allocation            
Estimated fair value of plan assets 2 2   $ 2 $ 2  
Reconciliation of fair value of plan assets:            
Fair value of plan assets at beginning of year 2          
Fair value of plan assets at end of year $ 2 $ 2        
Defined benefit pension plan | Minimum            
Weighted-average assumptions            
Discount rate used to determine obligations (as a percent)       0.70% 2.15% 3.50%
Discount rate used to determine net periodic benefit cost (as a percent) 2.15% 3.50% 2.75%      
Defined benefit pension plan | Minimum | Domestic equity securities            
Target allocation and pension plan asset allocation            
Target Allocations (as a percent)       50.00%    
Defined benefit pension plan | Minimum | Foreign equity securities            
Target allocation and pension plan asset allocation            
Target Allocations (as a percent)       25.00%    
Defined benefit pension plan | Minimum | Fixed income            
Target allocation and pension plan asset allocation            
Target Allocations (as a percent)       20.00%    
Defined benefit pension plan | Minimum | Alternative investments            
Target allocation and pension plan asset allocation            
Target Allocations (as a percent)       5.00%    
Defined benefit pension plan | Maximum            
Weighted-average assumptions            
Discount rate used to determine obligations (as a percent)       2.60% 3.50% 4.50%
Discount rate used to determine net periodic benefit cost (as a percent) 3.50% 4.50% 3.80%      
Supplemental executive plans and retirement agreements            
Expected future benefit payments            
Accumulated benefit obligation       $ 179 $ 104