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Employee Benefit Plans (Tables)
6 Months Ended
Jun. 30, 2022
Compensation And Retirement Disclosure [Abstract]  
Components of Net Periodic Benefit Cost (Credit)

Components of net periodic benefit cost (credit) consist of the following (dollars in millions):

 

 

 

Pension Plans

 

 

Post-retirement Benefits

 

 

 

For the Three Months
Ended June 30,

 

 

For the Three Months
Ended June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Net periodic benefit cost (credit):

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

2

 

 

$

2

 

 

$

1

 

 

$

1

 

Interest cost

 

 

2

 

 

 

2

 

 

 

 

 

 

1

 

Expected return on assets

 

 

(2

)

 

 

(2

)

 

 

 

 

 

 

Prior service credit

 

 

 

 

 

 

 

 

(2

)

 

 

(3

)

Net periodic benefit cost (credit)

 

$

2

 

 

$

2

 

 

$

(1

)

 

$

(1

)

 

 

 

Pension Plans

 

 

Post-retirement Benefits

 

 

 

For the Six Months
Ended June 30,

 

 

For the Six Months
Ended June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Net periodic benefit cost (credit):

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

4

 

 

$

5

 

 

$

1

 

 

$

1

 

Interest cost

 

 

3

 

 

 

3

 

 

 

1

 

 

 

1

 

Expected return on assets

 

 

(4

)

 

 

(4

)

 

 

 

 

 

 

Prior service credit

 

 

 

 

 

 

 

 

(5

)

 

 

(5

)

Net periodic benefit cost (credit)

 

$

3

 

 

$

4

 

 

$

(3

)

 

$

(3

)