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Retirement Plans (Tables)
6 Months Ended
Jun. 30, 2017
Retirement Plans [Abstract]  
Net Periodic Benefit Cost





 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



   

Pension Benefits



 

For the three months ended

 

For the six months ended



 

June 30,

 

June 30,



 

 

 

 

 

 

 

 

 

 

 

 

($ in millions)

 

2017

 

2016

 

2017

 

2016



 

 

 

 

 

 

 

 

 

 

 

 

Components of total pension benefit cost

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

25 

 

$

34 

 

$

50 

 

$

47 

Interest cost on projected benefit obligation

 

 

33 

 

 

42 

 

 

67 

 

 

65 

Expected return on plan assets

 

 

(48)

 

 

(65)

 

 

(96)

 

 

(92)

Amortization of unrecognized loss

 

 

9 

 

 

11 

 

 

17 

 

 

21 

Net periodic pension benefit cost

 

$

19 

 

$

22 

 

$

38 

 

$

41 

Pension settlement costs

 

 

19 

 

 

 -

 

 

62 

 

 

 -

Total pension benefit cost

 

$

38 

 

$

22 

 

$

100 

 

$

41 



 

 

 

 

 

 

 

 

 

 

 

 







 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

Postretirement Benefits



 

For the three months ended

 

For the six months ended



 

June 30,

 

June 30,



 

 

 

 

 

 

 

 

 

 

 

 

($ in millions)

 

2017

 

2016

 

2017

 

2016



 

 

 

 

 

 

 

 

 

 

 

 

Components of net periodic postretirement benefit cost

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

6 

 

$

5 

 

$

11 

 

$

8 

Interest cost on projected benefit obligation

 

 

9 

 

 

10 

 

 

19 

 

 

17 

Amortization of prior service cost/(credit)

 

 

(3)

 

 

(2)

 

 

(5)

 

 

(5)

Amortization of unrecognized loss

 

 

1 

 

 

 -

 

 

1 

 

 

1 

Net periodic postretirement benefit cost

 

$

13 

 

$

13 

 

$

26 

 

$

21