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Employee Benefits (Tables)
6 Months Ended
Jun. 30, 2016
Compensation and Retirement Disclosure [Abstract]  
Net Pension Cost (Benefit) for All Funded and Unfunded Plans

The components of net pension cost (benefit) for all funded and unfunded plans are as follows:

 

     Three months ended June 30,      Six months ended June 30,  

in millions

   2016      2015      2016      2015  

Interest cost on PBO

   $ 11       $ 10       $ 21       $ 20   

Expected return on plan assets

     (13      (14      (26      (28

Amortization of losses

     4         5         8         9   
  

 

 

    

 

 

    

 

 

    

 

 

 

Net pension cost

   $ 2       $ 1       $ 3       $ 1   
  

 

 

    

 

 

    

 

 

    

 

 

 

Net Postretirement Benefit Cost for All Funded and Unfunded Plans

The components of net postretirement benefit cost for all funded and unfunded plans are as follows:

 

     Three months ended June 30,      Six months ended June 30,  

in millions

   2016      2015      2016      2015  

Interest cost on APBO

   $ 1       $ 1       $ 2       $ 2   

Expected return on plan assets

     (1      —           (2      (1

Amortization of unrecognized prior service credit

     —           (1      —           (1
  

 

 

    

 

 

    

 

 

    

 

 

 

Net postretirement benefit cost

     —           —           —           —