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Note 6 - Employee Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2014
Compensation and Retirement Disclosure [Abstract]  
Schedule of Net Benefit Costs [Table Text Block]
   

Pension plans

   

Welfare plans

 

Dollars in millions

 

2014

   

2013

   

2012

   

2014

   

2013

   

2012

 

Service cost

  $ 24     $ 29     $ 28     $ 2     $ 3     $ 4  

Interest cost

    47       43       44       15       14       16  

Expected return on plan assets

    (65 )     (62 )     (64 )     (7 )     (6 )     (5 )

Net amortization of prior service cost

    (2 )     (2 )     (2 )     (3 )     (5 )     (3 )

Recognized actuarial loss

    22       35       34       6       8       9  

Net periodic benefit cost

  $ 26     $ 43     $ 40     $ 13     $ 14     $ 21  
                                                 

Assumptions used to determine benefit costs

                                               

Discount rate (1)

    5.0 %     4.2 %     4.6 %     4.7 %     4.0 %     4.5 %

Expected return on plan assets (1)

    7.8 %     7.8 %     8.4 %     7.8 %     7.8 %     8.5 %

Rate of compensation increase (1)

    3.7 %     3.7 %     3.7 %     3.7 %     3.8 %     3.8 %

Pension band increase (2)

    2.0 %     2.0 %     2.0 %  

n/a

   

n/a

   

n/a

 
Schedule of Defined Benefit Plans Disclosures [Table Text Block]
   

Pension plans

   

Welfare plans

 

Dollars in millions

 

2014

   

2013

   

2014

   

2013

 

Change in plan assets

                               

Fair value of plan assets, January 1,

  $ 907     $ 837     $ 93     $ 77  

Actual return on plan assets

    68       134       5       16  

Employee contributions

    -       -       2       3  

Employer contributions

    1       1       17       19  

Benefits paid

    (70 )     (65 )     (19 )     (23 )

Medicare Part D reimbursements

    -       -       1       1  

Fair value of plan assets, December 31,

  $ 906     $ 907     $ 99     $ 93  

Change in benefit obligation

                               

Benefit obligation, January 1,

  $ 960     $ 1,046     $ 326     $ 354  

Service cost

    24       29       2       3  

Interest cost

    47       43       15       14  

Actuarial loss (gain)

    137       (93 )     8       (26 )

Medicare Part D reimbursements

    -       -       1       1  

Benefits paid

    (70 )     (65 )     (19 )     (23 )

Employee contributions

    -       -       1       3  

Benefit obligation, December 31,

  $ 1,098     $ 960     $ 334     $ 326  

Funded status at end of year

  $ (192 )   $ (53 )   $ (235 )   $ (233 )

Amounts recognized in the Consolidated Statements of Financial Position consist of

                               

Long-term asset (2)

  $ 97     $ 117     $ -     $ -  

Current liability

    (2 )     (2 )     -       -  

Long-term liability

    (287 )     (168 )     (235 )     (233 )

Net liability at December 31,

  $ (192 )   $ (53 )   $ (235 )   $ (233 )

Accumulated benefit obligation (1)

  $ 1,027     $ 902    

n/a

   

n/a

 

Assumptions used to determine benefit obligations

                               

Discount rate

    4.2 %     5.0 %     4.0 %     4.7 %

Rate of compensation increase

    3.7 %     3.7 %     3.7 %     3.7 %

Pension band increase (3)

    2.0 %     2.0 %  

n/a

   

n/a

 
Schedule of Health Care Cost Trend Rates [Table Text Block]
   

2014

   

2013

 

Health care cost trend rate assumed for next year

    8.1 %     8.4 %

Ultimate rate to which the cost trend rate is assumed to decline

    4.5 %     4.5 %

Year that reaches ultimate trend rate

 

2030

   

2030

 
Schedule of Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates [Table Text Block]

In millions

 

Effect on benefit obligation

 

1% Health care cost trend rate increase

  $ 15  

1% Health care cost trend rate decrease

    (13 )
Schedule of Net Periodic Benefit Cost Not yet Recognized [Table Text Block]
   

Net regulatory assets

   

Accumulated OCI

   

Total

 

In millions

 

Pension plans

   

Welfare plans

   

Pension plans

   

Welfare plans

   

Pension plans

   

Welfare plans

 
                                                 

December 31, 2014:

                                               

Prior service credit

  $ -     $ (18 )   $ (6 )   $ -     $ (6 )   $ (18 )

Net loss

    76       57       307       36       383       93  

Total

  $ 76     $ 39     $ 301     $ 36     $ 377     $ 75  

December 31, 2013:

                                               

Prior service credit

  $ -     $ (20 )   $ (9 )   $ -     $ (9 )   $ (20 )

Net loss

    61       60       210       30       271       90  

Total

  $ 61     $ 40     $ 201     $ 30     $ 262     $ 70  
Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year [Table Text Block]
   

Net Regulatory Asset

   

Accumulated OCI

   

Total

 

In millions

 

Pension plans

   

Welfare plans

   

Pension plans

   

Welfare plans

   

Pension plans

   

Welfare plans

 

Amortization of prior service credit

  $ -     $ (3 )   $ (2 )   $ -     $ (2 )   $ (3 )

Amortization of net loss

    9       3       20       2       29       5  
Schedule of Expected Benefit Payments [Table Text Block]

In millions

 

Pension plans

   

Welfare plans

 

2015

  $ 61     $ 19  

2016

    64       20  

2017

    67       20  

2018

    70       21  

2019

    72       22  

2020-2024

    374       115