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Employee Benefits (Tables)
6 Months Ended
Jun. 30, 2019
Defined Benefit Plan [Abstract]  
Net Periodic Benefit Cost
Table 19.1 presents the components of net periodic benefit cost.
Table 19.1: Net Periodic Benefit Cost
 
2019
 
 
2018
 
 
Pension benefits
 
 
 
 
Pension benefits
 
 
 
(in millions)
Qualified

 
Non-qualified

 
Other
benefits

 
Qualified

 
Non-qualified

 
Other
benefits

Quarter ended June 30,
  
 
 
  
 
Service cost
$
3

 

 

 
2

 

 

Interest cost (1)
104

 
5

 
6

 
98

 
6

 
5

Expected return on plan assets (1)
(142
)
 

 
(7
)
 
(161
)
 

 
(8
)
Amortization of net actuarial loss (gain) (1)
37

 
3

 
(4
)
 
33

 
3

 
(5
)
Amortization of prior service credit (1)

 

 
(3
)
 

 

 
(2
)
Settlement loss (1)

 

 

 

 

 

Net periodic benefit cost (income)
$
2

 
8

 
(8
)
 
(28
)
 
9

 
(10
)
Six months ended June 30,
 
 
 
Service cost
$
6

 

 

 
3

 

 

Interest cost (1)
209

 
11

 
11

 
196

 
11

 
10

Expected return on plan assets (1)
(284
)
 

 
(14
)
 
(321
)
 

 
(15
)
Amortization of net actuarial loss (gain) (1)
74

 
5

 
(8
)
 
66

 
6

 
(9
)
Amortization of prior service credit (1)

 

 
(5
)
 

 

 
(5
)
Settlement loss (1)

 
2

 

 

 
3

 

Net periodic benefit cost (income)
$
5

 
18

 
(16
)
 
(56
)
 
20

 
(19
)

(1)
Balances are reported in other noninterest expense on the consolidated statement of income.