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Components of Net Periodic Pension and Postretirement Benefit Costs (Tables)
9 Months Ended
Sep. 30, 2011
Components of Net Periodic Pension and Postretirement Benefit Costs 
Company's pension and postretirement benefit plans

 

 

($ in millions)

 

Three months ended
September 30,

 

Nine months ended
September 30,

 

 

2011

 

 

2010

 

 

2011

 

 

2010

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pension benefits

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

$

37

 

$

38

 

$

113

 

$

113

 

Interest cost

 

81

 

 

80

 

 

242

 

 

240

 

Expected return on plan assets

 

(92

)

 

(83

)

 

(276

)

 

(248

)

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

Prior service credit

 

--

 

 

(1

)

 

(1

)

 

(2

)

Net actuarial loss

 

39

 

 

40

 

 

116

 

 

119

 

Settlement loss

 

9

 

 

13

 

 

26

 

 

39

 

Net periodic pension cost

$

74

 

$

87

 

$

220

 

$

261

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Postretirement benefits

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

$

2

 

$

3

 

$

8

 

$

9

 

Interest cost

 

9

 

 

10

 

 

27

 

 

30

 

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

Prior service credit

 

(6

)

 

(6

)

 

(17

)

 

(17

)

Net actuarial gain

 

(7

)

 

(5

)

 

(22

)

 

(16

)

Settlement loss

 

1

 

 

--

 

 

1

 

 

--

 

Net periodic postretirement benefit cost

$

(1

)

$

2

 

$

(3

)

$

6