Quarterly report pursuant to Section 13 or 15(d)

Pension and Postretirement Plans (Tables)

v2.3.0.15
Pension and Postretirement Plans (Tables)
9 Months Ended
Sep. 30, 2011
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, 2011 and 2010 included the following components.
 
Three Months Ended September 30, 2011
(Dollars in millions)
Qualified Pension
Plans
 
Non-U.S. Pension
Plans
 
Nonqualified and
Other Pension
Plans (1)
 
Postretirement
Health and Life
Plans
Components of net periodic benefit cost
 
 
 
 
 
 
 
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, 2011
Components of net periodic benefit cost
 
 
 
 
 
 
 
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 termination and settlement benefit cost

 

 
3

 

Net periodic benefit cost
$
210

 
$
21

 
$
20

 
$
78

 
 
 
 
 
 
 
 
 
Three Months Ended September 30, 2010
Components of net periodic benefit cost
 
 
 
 
 
 
 
Service cost
$
99

 
$
7

 
$
1

 
$
4

Interest cost
187

 
21

 
41

 
23

Expected return on plan assets
(316
)
 
(23
)
 
(34
)
 
(2
)
Amortization of transition obligation

 

 

 
8

Amortization of prior service cost (credits)
7

 

 
(2
)
 
2

Amortization of net actuarial loss (gain)
91

 

 
2

 
(13
)
Recognized termination and settlement benefit cost

 

 
1

 

Net periodic benefit cost
$
68

 
$
5

 
$
9

 
$
22

 
 
 
 
 
 
 
 
 
Nine Months Ended September 30, 2010
Components of net periodic benefit cost
 
 
 
 
 
 
 
Service cost
$
298

 
$
21

 
$
3

 
$
11

Interest cost
561

 
61

 
126

 
68

Expected return on plan assets
(947
)
 
(68
)
 
(104
)
 
(7
)
Amortization of transition obligation

 

 

 
24

Amortization of prior service cost (credits)
21

 

 
(6
)
 
5

Amortization of net actuarial loss (gain)
272

 

 
5

 
(38
)
Recognized termination and settlement benefit cost

 

 
15

 

Net periodic benefit cost
$
205

 
$
14

 
$
39

 
$
63

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