ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾

Quarterly report pursuant to Section 13 or 15(d)

EMPLOYEE BENEFIT PLANS

v3.19.3
EMPLOYEE BENEFIT PLANS
 9 Months Ended
Sep. 30, 2019
EMPLOYEE BENEFIT PLANS Ìý
EMPLOYEE BENEFIT PLANS

12. EMPLOYEE BENEFIT PLANS

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Components of the net periodic benefit costs from continuing operations for the three and nine months ended September 30, 2019 and 2018 were as follows (dollars in millions):

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�

�

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�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

OtherÌýPostretirement

�

�

DefinedÌýBenefitÌýPlans

�

BenefitÌýPlans

�

�

ThreeÌýmonths

�

ThreeÌýmonths

�

�

ended

�

ended

�

�

SeptemberÌý30,Ìý

�

SeptemberÌý30,Ìý

�

ÌýÌýÌýÌý

2019

ÌýÌýÌýÌý

2018

ÌýÌýÌýÌý

2019

ÌýÌýÌýÌý

2018

Service cost

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$

14

�

$

13

�

$

�

�

$

�

Interest cost

�

�

19

�

�

20

�

�

1

�

�

�

Expected return on assets

�

�

(40)

�

�

(40)

�

�

�

�

�

�

Amortization of prior service benefit

�

�

(1)

�

�

(2)

�

�

(1)

�

�

(1)

Amortization of actuarial loss

�

�

17

�

�

17

�

�

�

�

�

1

Net periodic benefit cost

�

$

9

�

$

8

�

$

�

�

$

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

OtherÌýPostretirement

�

�

DefinedÌýBenefitÌýPlans

�

BenefitÌýPlans

�

�

NineÌýmonths

�

Nine months

�

�

ended

�

ended

�

�

SeptemberÌý30,Ìý

�

SeptemberÌý30,Ìý

�

ÌýÌýÌýÌý

2019

ÌýÌýÌýÌý

2018

ÌýÌýÌýÌý

2019

ÌýÌýÌýÌý

2018

Service cost

�

$

39

�

$

41

�

$

1

�

$

1

Interest cost

�

�

59

�

�

57

�

�

2

�

�

2

Expected return on assets

�

�

(118)

�

�

(122)

�

�

�

�

�

�

Amortization of prior service benefit

�

�

(4)

�

�

(5)

�

�

(4)

�

�

(4)

Amortization of actuarial loss

�

�

51

�

�

52

�

�

1

�

�

2

Settlement loss

�

�

�

�

�

2

�

�

�

�

�

�

Net periodic benefit cost

�

$

27

�

$

25

�

$

�

�

$

1

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�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

OtherÌýPostretirement

�

�

DefinedÌýBenefitÌýPlans

�

BenefitÌýPlans

�

�

ThreeÌýmonths

�

ThreeÌýmonths

�

�

ended

�

ended

�

�

SeptemberÌý30,Ìý

�

SeptemberÌý30,Ìý

�

ÌýÌýÌýÌý

2019

ÌýÌýÌýÌý

2018

ÌýÌýÌýÌý

2019

ÌýÌýÌýÌý

2018

Service cost

�

$

14

�

$

13

�

$

�

�

$

�

Interest cost

�

�

19

�

�

20

�

�

1

�

�

�

Expected return on assets

�

�

(40)

�

�

(40)

�

�

�

�

�

�

Amortization of prior service benefit

�

�

(1)

�

�

(2)

�

�

(1)

�

�

(1)

Amortization of actuarial loss

�

�

17

�

�

18

�

�

�

�

�

1

Net periodic benefit cost

�

$

9

�

$

9

�

$

�

�

$

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

OtherÌýPostretirement

�

�

DefinedÌýBenefitÌýPlans

�

BenefitÌýPlans

�

�

NineÌýmonths

�

Nine months

�

�

ended

�

ended

�

�

SeptemberÌý30,Ìý

�

SeptemberÌý30,Ìý

�

ÌýÌýÌýÌý

2019

ÌýÌýÌýÌý

2018

ÌýÌýÌýÌý

2019

ÌýÌýÌýÌý

2018

Service cost

�

$

39

�

$

41

�

$

1

�

$

1

Interest cost

�

�

59

�

�

57

�

�

2

�

�

2

Expected return on assets

�

�

(118)

�

�

(122)

�

�

�

�

�

�

Amortization of prior service benefit

�

�

(4)

�

�

(5)

�

�

(4)

�

�

(4)

Amortization of actuarial loss

�

�

53

�

�

54

�

�

1

�

�

2

Settlement loss

�

�

�

�

�

2

�

�

�

�

�

�

Net periodic benefit cost

�

$

29

�

$

27

�

$

�

�

$

1

�

During both of the nine months ended September 30, 2019 and 2018, we made contributions to our pension and other postretirement benefit plans of $67 million. During the remainder of 2019, we expect to contribute an additional amount of approximately $10Ìýmillion to these plans.