XML 47 R32.htm IDEA: XBRL DOCUMENT v2.4.0.8
Retirement Plans (Tables)
9 Months Ended
Sep. 30, 2014
Compensation And Retirement Disclosure [Abstract]  
Components of Net Periodic Pension Cost

 

Components of net periodic pension cost consisted of the following:

 

 

  

Three Months Ended

 

 

Nine Months Ended

 

 

  

September 30,

 

 

September 30,

 

 

  

2014 

 

 

2013 

 

 

2014 

 

 

2013 

 

 

  

(In millions)

 

Service cost

 

$

15

 

 

$

18

 

 

$

40

 

 

$

55

 

Interest cost

 

 

26

 

 

 

22

 

 

 

75

 

 

 

66

 

Expected return on plan assets

 

 

(41

)

 

 

(36

)

 

 

(121

)

 

 

(105

)

Amortization of net loss

 

 

8

 

 

 

12

 

 

 

23

 

 

 

46

 

Settlement loss*

 

 

11

 

 

 

 

 

 

19

 

 

 

 

Pension expense

 

$

19

 

 

$

16

 

 

$

36

 

 

$

62

 

 

*

The Corporation recorded charges related to plan settlements of $11 million ($7 million after income taxes) and $19 million ($12 million after income taxes) for the three and nine months ended September 30, 2014, respectively, due to employee retirements.