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EMPLOYEE BENEFIT PLANS (Tables)
12 Months Ended
Dec. 31, 2010
EMPLOYEE BENEFIT PLANS [Abstract]  
Weighted-Average and Target Asset Allocations
The Company's weighted-average asset allocations at December 31, 2010 and 2009, and 2010 year-end target allocation, by asset category, were as follows:

   
Target
  
2010
  
2009
 
           
Domestic equity securities
  60 %  62 %  61 %
International equity securities
  10 %  11 %  11 %
Debt securities
  15 %  16 %  15 %
Real estate
  15 %  4 %  8 %
Other and cash
  --   7 %  5 %
Total
  100 %  100 %  100 %
 
Fair Value of Pension Plan Assets
The fair values of the Company's pension plan assets at December 31, 2010 and 2009, by asset category, are as follows (in millions):

   
Fair Value Measurements as of
 
   
December 31, 2010
 
   
Total
  
Quoted Prices in Active Markets (Level 1)
  
Significant Observable Inputs (Level 2)
  
Significant Unobservable Inputs (Level 3)
 
Asset Category
            
Cash
 $17  $17  $--  $-- 
Equity securities:
                
U.S. large-cap
  136   136   --   -- 
U.S. mid- and small-cap
  40   40   --   -- 
International large-cap
  31   31   --   -- 
Fixed income securities:
                
U.S. Treasuries
  1   --   1   -- 
Investment grade U.S. corporate bonds
  3   --   3   -- 
High-yield U.S. corporate bonds
  8   --   8   -- 
Mortgage-backed securities
  33   --   33   -- 
Other types of investments:
                
Real estate partnerships interests
  13   --   --   13 
Private equity partnership interests (a)
  2   --   --   2 
Insurance contracts
  1   --   --   1 
Total
 $285  $224  $45  $16 

   
Fair Value Measurements as of
 
   
December 31, 2009
 
   
Total
  
Quoted Prices in Active Markets (Level 1)
  
Significant Observable Inputs (Level 2)
  
Significant Unobservable Inputs (Level 3)
 
Asset Category
            
Cash
 $7  $7  $--  $-- 
Equity securities:
                
U.S. large-cap
  121   121   --   -- 
U.S. mid- and small-cap
  36   36   --   -- 
International large-cap
  30   30   --   -- 
Fixed income securities:
                
U.S. Treasuries
  1   --   1   -- 
Investment grade U.S. corporate bonds
  2   --   2   -- 
High-yield U.S. corporate bonds
  8   --   8   -- 
Mortgage-backed securities
  28   --   28   -- 
Other types of investments:
                
Real estate partnerships interests
  23   --   --   23 
Private equity partnership interests (a)
  3   --   --   3 
Insurance contracts
  1   --   --   1 
Total
 $260  $194  $39  $27 

 
(a)
This category represents private equity funds that invest principally in U.S. technology companies.

Reconciliations of Pension Plan Investments Measured at Fair Value on Recurring Basis
The table below presents a reconciliation of all pension plan investments measured at fair value on a recurring basis using significant unobservable inputs (level 3) for the years ended December 31, 2010 and 2009 (in millions):

   
Fair Value Measurements Using Significant
 
   
Unobservable Inputs (Level 3)
 
              
   
Real
Estate
  
Private Equity
  
Insurance
  
Total
 
              
Beginning balance, January 1, 2009
 $38  $4  $1  $43 
Actual return on plan assets:
                
Assets held at the reporting date
  (13 )  (1 )  --   (14 )
Assets sold during the period
  --   --   --   -- 
Purchases, sales and settlements
  (2 )  --   --   (2 )
Ending balance, December 31, 2009
  23   3   1   27 
Actual return on plan assets:
                
Assets held at the reporting date
  3   --   --   3 
Assets sold during the period
  (1 )  --   --   (1 )
Purchases, sales and settlements
  (12 )  (1 )  --   (13 )
Ending balance, December 31, 2010
 $13  $2   1  $16 
 
Benefit Obligation, Plan Assets, and Funded Status
The status of the funded defined benefit pension plan and the unfunded accumulated post-retirement benefit plans at December 31, 2010 and 2009 are shown below (in millions):

   
Pension Benefits
   
Other Post-retirement Benefits
 
   
2010
   
2009
   
2010
   
2009
 
                                 
Change in Benefit Obligation
                               
Benefit obligation at beginning of year
 
$
322
   
$
314
   
$
54
   
$
52
 
Service cost
   
8
     
8
     
1
     
1
 
Interest cost
   
19
     
19
     
3
     
3
 
Plan participants' contributions
   
--
     
--
     
3
     
2
 
Actuarial (gain) loss
   
24
     
(3
)
   
10
     
1
 
Benefits paid
   
(18
)
   
(17
)
   
(6
)
   
(5
)
Amendments
   
--
     
1
     
--
     
--
 
Benefit obligation at end of year
 
$
355
   
$
322
   
$
65
   
$
54
 
Change in Plan Assets
                               
Fair value of plan assets at beginning of year
   
260
     
244
     
--
     
--
 
Actual return on plan assets
   
37
     
33
     
--
     
--
 
Employer contributions
   
6
     
--
     
--
     
--
 
Benefits paid
   
(18
)
   
(17
)
   
--
     
--
 
Fair value of plan assets at end of year
 
$
285
   
$
260
   
$
--
   
$
--
 
                                 
Funded Status and Recognized Liability
 
$
(70
)
 
$
(62
)
 
$
(65
)
 
$
(54
)


Amounts Recognized on the Consolidated Balance Sheets and in Accumulated Other Comprehensive Loss
Amounts recognized on the consolidated balance sheets and in accumulated other comprehensive loss at December 31, 2010 and 2009 were as follows (in millions):

   
Pension Benefits
   
Other Post-retirement Benefits
 
   
2010
   
2009
   
2010
   
2009
 
                                 
Non-current assets
 
$
3
   
$
3
   
$
--
   
$
--
 
Current liabilities
   
--
     
--
     
(4
)
   
(3
)
Non-current liabilities
   
(73
)
   
(65
)
   
(61
)
   
(51
)
Total
 
$
(70
)
 
$
(62
)
 
$
(65
)
 
$
(54
)
                                 
Net loss (net of taxes)
 
$
70
   
$
70
   
$
6
   
$
--
 
Unrecognized prior service cost (net of taxes)
   
3
     
3
     
--
     
--
 
Total
 
$
73
   
$
73
   
$
6
   
$
--
 


Accumulated Benefit Obligation in Excess of Plan Assets
The information for qualified pension plans with an accumulated benefit obligation in excess of plan assets at December 31, 2010 and 2009 is shown below (in millions):

   
2010
   
2009
 
                 
Projected benefit obligation
 
$
349
   
$
269
 
Accumulated benefit obligation
 
$
319
   
$
248
 
Fair value of plan assets
 
$
275
   
$
208
 

Components of Net Periodic Benefit Cost and Other Amounts Recognized in Other Comprehensive Loss
Components of the net periodic benefit cost and other amounts recognized in other comprehensive loss for the defined benefit pension plans and the post-retirement health care and life insurance benefit plans during 2010, 2009, and 2008, are shown below (in millions):

   
Pension Benefits
  
Other Post-retirement Benefits
 
   
2010
  
2009
  
2008
  
2010
  
2009
  
2008
 
Components of Net Periodic
                  
Benefit Cost/(Income)
                  
Service cost
 $8  $8  $8  $1  $1  $1 
Interest cost
  19   19   18   3   3   3 
Expected return on plan assets
  (21 )  (20 )  (32 )  --   --   -- 
Amortization of net (gain) loss
  8   12   --   --   --   (1 )
Amortization of prior service cost
  1   1   1   --   --   -- 
Recognition of loss due to settlement
  --   --   1   --   --   -- 
Net periodic benefit cost/(income)
  15   20   (4 )  4   4   3 
                          
Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income (net of tax)
                        
Net loss (gain)
  5   (10 )  90   6   1   1 
Amortization of unrecognized (loss) gain
  (5 )  (7 )  --   (2 )  --   1 
Prior service cost
  --   1   1   --   --   -- 
Amortization of prior service cost
  (1 )  (1 )  --   --   --   -- 
Total recognized in other comprehensive income
  (1 )  (17 )  91   4   1   2 
Total recognized in net periodic benefit cost and
                        
other comprehensive income
 $14  $3  $87  $8  $5  $5 


Weighted Average Assumptions Used to Determine Benefit Information
The weighted average assumptions used to determine benefit information during 2010, 2009, and 2008, were as follows:

 
Pension Benefits
   
Other Post-retirement Benefits
 
 
2010
   
2009
   
2008
   
2010
   
2009
   
2008
 
Weighted Average Assumptions:
                                           
Discount rate
5.75
%
   
6.25
%
   
6.25
%
   
5.75
%
   
6.25
%
   
6.25
%
Expected return on plan assets
8.25
%
   
8.50
%
   
8.50
%
                       
Rate of compensation increase
4.00
%
   
4.00
%
   
4.00
%
   
4.00
%
   
4.00
%
   
4.00
%
Initial health care cost trend rate
                       
10.00
%
   
9.00
%
   
9.00
%
Ultimate rate
                       
5.00
%
   
5.00
%
   
5.00
%
Year ultimate rate is reached
                       
2016
     
2014
     
201
3

Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates
If the assumed health care cost trend rate were increased or decreased by one percentage point, the accumulated post-retirement benefit obligation, as of December 31, 2010, 2009, and 2008 and the net periodic post-retirement benefit cost for 2010, 2009 and 2008, would have increased or decreased as follows (in millions):

 
Other Post-retirement Benefits
 
 
One Percentage Point
 
 
Increase
 
Decrease
 
 
2010
 
2009
 
2008
 
2010
 
2009
 
2008
 
                    
Effect on total of service and interest cost components
 $1  $--  $--  $--  $--  $-- 
Effect on post-retirement benefit obligation
 $8  $5  $5  $(6) $(4) $(4)

Estimated Future Benefit Payments For the Next Ten Years
Estimated Benefit Payments:  The estimated future benefit payments for the next ten years are as follows (in millions):

 
Pension
Non-qualified
Post-retirement
Year
Benefits
Plan Benefits
Benefits
                         
2011
 
$
19
   
$
3
   
$
4
 
2012
   
20
     
1
     
4
 
2013
   
20
     
2
     
4
 
2014
   
21
     
1
     
4
 
2015
   
21
     
2
     
5
 
2016-2020
   
122
     
11
     
24