Quarterly report pursuant to Section 13 or 15(d)

Pension and Postretirement Plans (Tables)

v2.4.0.6
Pension and Postretirement Plans (Tables)
9 Months Ended
Sep. 30, 2012
Compensation and Retirement Disclosure [Abstract]  
Net Periodic benefit cost (income)
Net periodic benefit cost of the Corporation’s plans for the three and nine months ended September 30, 2012 and 2011 included the following components.

Components of Net Periodic Benefit Cost
 
Three Months Ended September 30, 2012
(Dollars in millions)
Qualified Pension Plans
 
Non-U.S. Pension Plans
 
Nonqualified and Other Pension Plans (1)
 
Postretirement
Health and Life
Plans
Service cost
$
5

 
$
10

 
$

 
$
3

Interest cost
170

 
25

 
34

 
19

Expected return on plan assets
(313
)
 
(36
)
 
(38
)
 
(3
)
Amortization of transition obligation

 

 

 
15

Amortization of prior service cost

 

 

 
2

Amortization of net actuarial loss (gain)
116

 
(2
)
 
2

 
(21
)
Net periodic benefit cost
$
(22
)
 
$
(3
)
 
$
(2
)
 
$
15

 
 
 
 
 
 
 
 
 
Three Months Ended September 30, 2011
Service cost
$
105

 
$
12

 
$
1

 
$
4

Interest cost
187

 
27

 
39

 
20

Expected return on plan assets
(323
)
 
(31
)
 
(36
)
 
(3
)
Amortization of transition obligation

 

 

 
8

Amortization of prior service cost (credits)
5

 

 
(2
)
 
1

Amortization of net actuarial loss (gain)
96

 

 
4

 
(4
)
Net periodic benefit cost
$
70

 
$
8

 
$
6

 
$
26

 
 
 
 
 
 
 
 
 
Nine Months Ended September 30, 2012
Service cost
$
236

 
$
30

 
$

 
$
10

Interest cost
511

 
74

 
104

 
55

Expected return on plan assets
(934
)
 
(105
)
 
(114
)
 
(6
)
Amortization of transition obligation

 

 

 
31

Amortization of prior service cost (credits)
9

 

 
(4
)
 
4

Amortization of net actuarial loss (gain)
354

 
(6
)
 
7

 
(31
)
Recognized loss due to settlements and curtailments
58

 

 
4

 

Net periodic benefit cost
$
234

 
$
(7
)
 
$
(3
)
 
$
63

 
 
 
 
 
 
 
 
 
Nine Months Ended September 30, 2011
Service cost
$
317

 
$
33

 
$
2

 
$
11

Interest cost
560

 
75

 
115

 
60

Expected return on plan assets
(972
)
 
(87
)
 
(106
)
 
(7
)
Amortization of transition obligation

 

 

 
24

Amortization of prior service cost (credits)
15

 

 
(6
)
 
3

Amortization of net actuarial loss (gain)
290

 

 
12

 
(13
)
Recognized loss due to settlements and curtailments

 

 
3

 

Net periodic benefit cost
$
210

 
$
21

 
$
20

 
$
78

(1) 
Includes nonqualified pension plans and the terminated Merrill Lynch U.S. pension plan.