XML 42 R29.htm IDEA: XBRL DOCUMENT v3.8.0.1
RETIREMENT PLANS (Tables)
 9 Months Ended
Sep. 30, 2017
Retirement Benefits [Abstract]  
Components of net periodic benefit cost
Components of net periodic benefit (credit) cost were as follows:
 
Third Quarter
 
Pension Plans
 
Other Postretirement Benefit Plans
 
2017
 
2016
 
2017
 
2016
(Dollars in millions)
U.S.
 
Non-U.S.
 
U.S.
 
Non-U.S.
 
 
 
 
Service cost
$
10

 
$
3

 
$
9

 
$
3

 
$
—

 
$
2

Interest cost
16

 
5

 
18

 
5

 
6

 
7

Expected return on assets
(35
)
 
(8
)
 
(34
)
 
(7
)
 
(1
)
 
(1
)
Amortization of:
 
 
 
 
 
 
 
 
 
 
 
Prior service credit, net
(1
)
 
—

 
(1
)
 
—

 
(10
)
 
(11
)
Mark-to-market pension and other postretirement benefits loss
—

 
—

 
—

 
30

 
—

 
—

Net periodic benefit (credit) cost
$
(10
)
 
$
—

 
$
(8
)
 
$
31

 
$
(5
)
 
$
(3
)
 
 
 
 
 
 
 
 
 
 
 
 
 
First Nine Months
 
Pension Plans
 
Other Postretirement Benefit Plans
 
2017
 
2016
 
2017
 
2016
(Dollars in millions)
U.S.
 
Non-U.S.
 
U.S.
 
Non-U.S.
 
 
 
 
Service cost
$
28

 
$
10

 
$
29

 
$
9

 
$
2

 
$
5

Interest cost
49

 
14

 
55

 
17

 
18

 
21

Expected return on assets
(105
)
 
(25
)
 
(102
)
 
(23
)
 
(4
)
 
(4
)
Amortization of:
 
 
 
 
 
 
 
 
 
 
 
Prior service credit, net
(3
)
 
—

 
(3
)
 
—

 
(30
)
 
(31
)
Mark-to-market pension and other postretirement benefits loss
—

 
—

 
—

 
30

 
—

 
—

Net periodic benefit (credit) cost
$
(31
)
 
$
(1
)
 
$
(21
)
 
$
33

 
$
(14
)
 
$
(9
)