XML 44 R32.htm IDEA: XBRL DOCUMENT v3.8.0.1
RETIREMENT AND OTHER BENEFIT PROGRAMS (Tables)
3 Months Ended
Mar. 31, 2018
Compensation And Retirement Disclosure [Abstract]  
Net Periodic Benefit Cost Relating to Pension and Other Postemployment Benefit Plans

The following is a summary of net periodic benefit cost relating to the company’s pension and other postemployment benefit (OPEB) plans.

 

 

 

Three months ended

 

 

 

March 31,

 

(in millions)

 

2018

 

 

2017

 

Pension benefits

 

 

 

 

 

 

 

 

Service cost

 

$

22

 

 

$

22

 

Interest cost

 

 

46

 

 

 

45

 

Expected return on plan assets

 

 

(78

)

 

 

(72

)

Amortization of net losses and other deferred amounts

 

 

24

 

 

 

40

 

Net periodic pension benefit cost

 

$

14

 

 

$

35

 

OPEB

 

 

 

 

 

 

 

 

Service cost

 

$

 

 

$

 

Interest cost

 

 

2

 

 

 

2

 

Amortization of net loss and prior service credit

 

 

(6

)

 

 

(6

)

Net periodic OPEB cost

 

$

(4

)

 

$

(4

)