Employee Benefits (Details 2) (USD $) | 12 Months Ended | | |
In Millions, unless otherwise specified | Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2014 | Dec. 31, 2011 |
Actual return on plan assets: | | | | | | | | |
Actual gains on pension and post retirement plan assets | $1,410 | | $855 | | | | | |
Expected return | 924 | | 935 | | | | | |
Difference between the actual and expected returns on pension and post-retirement plan assets | 486 | | 80 | | | | | |
Unfunded Status | | | | | | | | |
Benefit obligation | -18,872 | | -17,089 | | -18,956 | | | |
Non-current portion of unfunded status | -5,808 | | -4,049 | | | | | |
Accumulated other comprehensive (loss) income at the beginning of the period | | | | | | | | |
Total | 1,992 | | 791 | | | | | |
Recognition of Net Periodic Benefits Expense | | | | | | | | |
Net periodic (income) expense | 68 | | | | | | | |
Deferrals | | | | | | | | |
Total | -1,269 | | | | | | | |
Net Change in AOCI | | | | | | | | |
Total | -1,201 | | | | | | | |
Accumulated other comprehensive (loss) income at the end of the period | | | | | | | | |
Total | 1,992 | | 791 | | | | | |
Health Care and Life Insurance | | | | | | | | |
Active health care benefit expenses | 381 | | 362 | | 360 | | | |
Participating employees' contribution to health care plan | 136 | | 117 | | 113 | | | |
Pension Plans | | | | | | | | |
Employee Benefits | | | | | | | | |
Defined Benefit Plan, Amortization of Gain (Loss), Including Settlements | 85 | | | | | | | |
Total investments | 12,571 | | 12,346 | | | | | |
Total plan assets | 12,571 | | 12,346 | | 12,321 | | | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | 12,346 | | 12,321 | | 11,814 | | | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 12,571 | | 12,346 | | 12,321 | | | |
Actual gains on pension and post retirement plan assets | 1,373 | | 810 | | 1,476 | | | |
Expected return | 891 | | 896 | | 847 | | | |
Unfunded Status | | | | | | | | |
Benefit obligation | -15,042 | | -13,401 | | -14,881 | | | -13,596 |
Fair value of plan assets | 12,571 | | 12,346 | | 12,321 | | | |
Unfunded status | -2,471 | | -1,055 | | | | | |
Current portion of unfunded status | -6 | | -5 | | | | | |
Non-current portion of unfunded status | -2,465 | | -1,050 | | | | | |
Accumulated other comprehensive (loss) income at the beginning of the period | | | | | | | | |
Net actuarial (loss) gain | -2,760 | | -1,058 | | | | | |
Prior service (cost) benefit | 33 | | | | | 32 | | |
Deferred income tax benefit (expense) | -1,072 | | -422 | | | | | |
Total | 1,720 | | 669 | | | | | |
Recognition of Net Periodic Benefits Expense | | | | | | | | |
Net actuarial (loss) gain | 22 | | 84 | | 35 | | | |
Prior service (cost) benefit | -5 | | -5 | | -4 | | | |
Deferred income tax benefit (expense) | -34 | | | | | | | |
Net periodic (income) expense | 56 | | | | | | | |
Deferrals | | | | | | | | |
Net actuarial (loss) gain | -1,787 | | | | | | | |
Prior service (cost) benefit | -4 | | | | | | | |
Deferred income tax benefit (expense) | 684 | | | | | | | |
Total | -1,107 | | | | | | | |
Net Change in AOCI | | | | | | | | |
Net actuarial (loss) gain | -1,702 | | | | | | | |
Prior service (cost) benefit | 1 | | | | | | | |
Deferred income tax benefit (expense) | 650 | | | | | | | |
Total | -1,051 | | | | | | | |
Accumulated other comprehensive (loss) income at the end of the period | | | | | | | | |
Net actuarial (loss) gain | -2,760 | | -1,058 | | | | | |
Prior service (cost) benefit | 33 | | | | | 32 | | |
Deferred income tax benefit (expense) | -1,072 | | -422 | | | | | |
Total | 1,720 | | 669 | | | | | |
Estimated recognition of net periodic benefit expense in 2013: | | | | | | | | |
Net actuarial loss | -148 | | | | | | | |
Prior service cost | -5 | | | | | | | |
Deferred income tax benefit | 58 | | | | | | | |
Total | -95 | | | | | | | |
Pension Plans | Level 1 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total investments | 3,779 | | 3,576 | | | 3,779 | | |
Pension Plans | Level 2 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total investments | 7,347 | | 7,191 | | | 7,347 | | |
Pension Plans | Level 3 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total investments | 1,445 | | 1,579 | | | | | |
Total plan assets | 1,445 | | 1,579 | | | | | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | 1,579 | | 1,766 | | | | | |
Net transfers | 6 | | -165 | | | | | |
Acquisitions | 253 | | 267 | | | | | |
Dispositions | 434 | | 464 | | | | | |
Actual return on plan assets: | | | | | | | | |
Gains relating to assets sold during the year | 151 | | 109 | | | | | |
(Losses) gains relating to assets still held at year-end | -110 | | 66 | | | | | |
Fair value of plan assets at end of year | 1,445 | | 1,579 | | | | | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 1,445 | | 1,579 | | | | | |
Pension Plans | Exchange-traded U.S. equity futures | | | | | | | | |
Employee Benefits | | | | | | | | |
Gross notional exposure | 134 | | 95 | | | 134 | | |
Pension Plans | Exchange-traded non-U.S. equity futures | | | | | | | | |
Employee Benefits | | | | | | | | |
Gross notional exposure | 0 | | 0 | | | 0 | | |
Pension Plans | Exchange-traded Treasury futures | | | | | | | | |
Employee Benefits | | | | | | | | |
Gross notional exposure | 2,451 | | 3,011 | | | 2,451 | | |
Pension Plans | Interest rate swaps | | | | | | | | |
Employee Benefits | | | | | | | | |
Gross notional exposure | 579 | | 556 | | | 579 | | |
Pension Plans | Credit default swaps | | | | | | | | |
Employee Benefits | | | | | | | | |
Gross notional exposure | 382 | | 253 | | | 382 | | |
Pension Plans | Foreign exchange forwards | | | | | | | | |
Employee Benefits | | | | | | | | |
Gross notional exposure | 1,195 | | 938 | | | 1,195 | | |
Pension Plans | Options | | | | | | | | |
Employee Benefits | | | | | | | | |
Gross notional exposure | 529 | | 261 | | | 529 | | |
Pension Plans | Investment grade bonds | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 2,493 | [1] | 2,317 | [1] | | 2,493 | [1] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 2,493 | [1] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 2,493 | [1] | 2,317 | [1] | | 2,493 | [1] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 2,493 | [1] | 2,317 | [1] | | 2,493 | [1] | |
Pension Plans | Investment grade bonds | Level 1 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 1,013 | [1] | 813 | [1] | | 1,013 | [1] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 1,013 | [1] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 1,013 | [1] | 813 | [1] | | 1,013 | [1] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 1,013 | [1] | 813 | [1] | | 1,013 | [1] | |
Pension Plans | Investment grade bonds | Level 2 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 1,480 | [1] | 1,504 | [1] | | 1,480 | [1] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 1,480 | [1] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 1,480 | [1] | 1,504 | [1] | | 1,480 | [1] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 1,480 | [1] | 1,504 | [1] | | 1,480 | [1] | |
Pension Plans | Investment grade bonds | Level 3 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [1] | 0 | [1] | | 0 | [1] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [1] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [1] | 0 | [1] | | 0 | [1] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [1] | 0 | [1] | | 0 | [1] | |
Pension Plans | High Yield Bonds | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 1,513 | [2] | 1,291 | [2] | | 1,513 | [2] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 1,513 | [2] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 1,513 | [2] | 1,291 | [2] | | 1,513 | [2] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 1,513 | [2] | 1,291 | [2] | | 1,513 | [2] | |
Pension Plans | High Yield Bonds | Level 1 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [2] | 0 | [2] | | 0 | [2] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [2] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [2] | 0 | [2] | | 0 | [2] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [2] | 0 | [2] | | 0 | [2] | |
Pension Plans | High Yield Bonds | Level 2 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 1,480 | [2] | 1,265 | [2] | | 1,480 | [2] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 1,480 | [2] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 1,480 | [2] | 1,265 | [2] | | 1,480 | [2] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 1,480 | [2] | 1,265 | [2] | | 1,480 | [2] | |
Pension Plans | High Yield Bonds | Level 3 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 33 | [2] | 26 | [2] | | | | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | 26 | [2] | 59 | | | | | |
Net transfers | 6 | | 0 | | | | | |
Acquisitions | 14 | | 5 | | | | | |
Dispositions | 16 | | 43 | | | | | |
Actual return on plan assets: | | | | | | | | |
Gains relating to assets sold during the year | 8 | | 12 | | | | | |
(Losses) gains relating to assets still held at year-end | -5 | | -7 | | | | | |
Fair value of plan assets at end of year | 33 | [2] | 26 | [2] | | | | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 33 | [2] | 26 | [2] | | | | |
Pension Plans | Emerging market bonds | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 642 | [3] | 563 | [3] | | 642 | [3] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 642 | [3] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 642 | [3] | 563 | [3] | | 642 | [3] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 642 | [3] | 563 | [3] | | 642 | [3] | |
Pension Plans | Emerging market bonds | Level 1 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 208 | [3] | 196 | [3] | | 208 | [3] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 208 | [3] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 208 | [3] | 196 | [3] | | 208 | [3] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 208 | [3] | 196 | [3] | | 208 | [3] | |
Pension Plans | Emerging market bonds | Level 2 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 434 | [3] | 367 | [3] | | 434 | [3] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 434 | [3] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 434 | [3] | 367 | [3] | | 434 | [3] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 434 | [3] | 367 | [3] | | 434 | [3] | |
Pension Plans | Emerging market bonds | Level 3 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [3] | 0 | [3] | | 0 | [3] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [3] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [3] | 0 | [3] | | 0 | [3] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [3] | 0 | [3] | | 0 | [3] | |
Pension Plans | Convertible bonds | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 14 | [4] | 389 | [4] | | 14 | [4] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 14 | [4] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 14 | [4] | 389 | [4] | | 14 | [4] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 14 | [4] | 389 | [4] | | 14 | [4] | |
Pension Plans | Convertible bonds | Level 1 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [4] | 0 | [4] | | 0 | [4] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [4] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [4] | 0 | [4] | | 0 | [4] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [4] | 0 | [4] | | 0 | [4] | |
Pension Plans | Convertible bonds | Level 2 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 14 | [4] | 389 | [4] | | 14 | [4] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 14 | [4] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 14 | [4] | 389 | [4] | | 14 | [4] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 14 | [4] | 389 | [4] | | 14 | [4] | |
Pension Plans | Convertible bonds | Level 3 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [4] | 0 | [4] | | 0 | [4] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [4] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [4] | 0 | [4] | | 0 | [4] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [4] | 0 | [4] | | 0 | [4] | |
Pension Plans | Diversified strategies | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 718 | [5] | 723 | [5] | | 718 | [5] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 718 | [5] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 718 | [5] | 723 | [5] | | 718 | [5] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 718 | [5] | 723 | [5] | | 718 | [5] | |
Pension Plans | Diversified strategies | Level 1 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [5] | 0 | [5] | | 0 | [5] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [5] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [5] | 0 | [5] | | 0 | [5] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [5] | 0 | [5] | | 0 | [5] | |
Pension Plans | Diversified strategies | Level 2 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 718 | [5] | 723 | [5] | | 718 | [5] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 718 | [5] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 718 | [5] | 723 | [5] | | 718 | [5] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 718 | [5] | 723 | [5] | | 718 | [5] | |
Pension Plans | Diversified strategies | Level 3 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [5] | 0 | [5] | | 0 | [5] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [5] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [5] | 0 | [5] | | 0 | [5] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [5] | 0 | [5] | | 0 | [5] | |
Pension Plans | U.S. stocks | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 1,476 | [6] | 1,500 | [6] | | 1,476 | [6] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 1,476 | [6] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 1,476 | [6] | 1,500 | [6] | | 1,476 | [6] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 1,476 | [6] | 1,500 | [6] | | 1,476 | [6] | |
Pension Plans | U.S. stocks | Level 1 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 1,389 | [6] | 1,408 | [6] | | 1,389 | [6] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 1,389 | [6] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 1,389 | [6] | 1,408 | [6] | | 1,389 | [6] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 1,389 | [6] | 1,408 | [6] | | 1,389 | [6] | |
Pension Plans | U.S. stocks | Level 2 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 87 | [6] | 92 | [6] | | 87 | [6] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 87 | [6] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 87 | [6] | 92 | [6] | | 87 | [6] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 87 | [6] | 92 | [6] | | 87 | [6] | |
Pension Plans | U.S. stocks | Level 3 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [6] | 0 | [6] | | 0 | [6] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [6] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [6] | 0 | [6] | | 0 | [6] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [6] | 0 | [6] | | 0 | [6] | |
Pension Plans | Non-U.S. stocks | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 1,553 | [7] | 1,458 | [7] | | 1,553 | [7] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 1,553 | [7] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 1,553 | [7] | 1,458 | [7] | | 1,553 | [7] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 1,553 | [7] | 1,458 | [7] | | 1,553 | [7] | |
Pension Plans | Non-U.S. stocks | Level 1 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 1,169 | [7] | 1,159 | [7] | | 1,169 | [7] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 1,169 | [7] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 1,169 | [7] | 1,159 | [7] | | 1,169 | [7] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 1,169 | [7] | 1,159 | [7] | | 1,169 | [7] | |
Pension Plans | Non-U.S. stocks | Level 2 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 384 | [7] | 299 | [7] | | 384 | [7] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 384 | [7] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 384 | [7] | 299 | [7] | | 384 | [7] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 384 | [7] | 299 | [7] | | 384 | [7] | |
Pension Plans | Non-U.S. stocks | Level 3 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [7] | 0 | [7] | | 0 | [7] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [7] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [7] | 0 | [7] | | 0 | [7] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [7] | 0 | [7] | | 0 | [7] | |
Pension Plans | Emerging market stocks | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 102 | [8] | 110 | [8] | | 102 | [8] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 102 | [8] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 102 | [8] | 110 | [8] | | 102 | [8] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 102 | [8] | 110 | [8] | | 102 | [8] | |
Pension Plans | Emerging market stocks | Level 1 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [8] | 0 | [8] | | 0 | [8] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [8] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [8] | 0 | [8] | | 0 | [8] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [8] | 0 | [8] | | 0 | [8] | |
Pension Plans | Emerging market stocks | Level 2 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 102 | [8] | 110 | [8] | | 102 | [8] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 102 | [8] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 102 | [8] | 110 | [8] | | 102 | [8] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 102 | [8] | 110 | [8] | | 102 | [8] | |
Pension Plans | Emerging market stocks | Level 3 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [8] | 0 | [8] | | 0 | [8] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [8] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [8] | 0 | [8] | | 0 | [8] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [8] | 0 | [8] | | 0 | [8] | |
Pension Plans | Private Equity | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 673 | [9] | 721 | [9] | | 673 | [9] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 673 | [9] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 673 | [9] | 721 | [9] | | 673 | [9] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 673 | [9] | 721 | [9] | | 673 | [9] | |
Pension Plans | Private Equity | Level 1 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [9] | 0 | [9] | | 0 | [9] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [9] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [9] | 0 | [9] | | 0 | [9] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [9] | 0 | [9] | | 0 | [9] | |
Pension Plans | Private Equity | Level 2 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [9] | 0 | [9] | | 0 | [9] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [9] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [9] | 0 | [9] | | 0 | [9] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [9] | 0 | [9] | | 0 | [9] | |
Pension Plans | Private Equity | Level 3 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 673 | [9] | 721 | [9] | | | | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | 721 | [9] | 711 | | | | | |
Net transfers | 4 | | 0 | | | | | |
Acquisitions | 125 | | 82 | | | | | |
Dispositions | 246 | | 179 | | | | | |
Actual return on plan assets: | | | | | | | | |
Gains relating to assets sold during the year | 115 | | 68 | | | | | |
(Losses) gains relating to assets still held at year-end | -46 | | 39 | | | | | |
Fair value of plan assets at end of year | 673 | [9] | 721 | [9] | | | | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 673 | [9] | 721 | [9] | | | | |
Pension Plans | Private Debt | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 395 | [10] | 436 | [10] | | 395 | [10] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 395 | [10] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 395 | [10] | 436 | [10] | | 395 | [10] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 395 | [10] | 436 | [10] | | 395 | [10] | |
Pension Plans | Private Debt | Level 1 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [10] | 0 | [10] | | 0 | [10] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [10] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [10] | 0 | [10] | | 0 | [10] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [10] | 0 | [10] | | 0 | [10] | |
Pension Plans | Private Debt | Level 2 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [10] | 0 | [10] | | 0 | [10] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [10] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [10] | 0 | [10] | | 0 | [10] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [10] | 0 | [10] | | 0 | [10] | |
Pension Plans | Private Debt | Level 3 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 395 | [10] | 436 | [10] | | | | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | 436 | [10] | 465 | | | | | |
Net transfers | 0 | | 0 | | | | | |
Acquisitions | 109 | | 71 | | | | | |
Dispositions | 111 | | 144 | | | | | |
Actual return on plan assets: | | | | | | | | |
Gains relating to assets sold during the year | 25 | | 18 | | | | | |
(Losses) gains relating to assets still held at year-end | -64 | | 26 | | | | | |
Fair value of plan assets at end of year | 395 | [10] | 436 | [10] | | | | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 395 | [10] | 436 | [10] | | | | |
Pension Plans | Market Neutral Hedge Funds | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 1,028 | [11] | 966 | [11] | | 1,028 | [11] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 1,028 | [11] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 1,028 | [11] | 966 | [11] | | 1,028 | [11] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 1,028 | [11] | 966 | [11] | | 1,028 | [11] | |
Pension Plans | Market Neutral Hedge Funds | Level 1 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [11] | 0 | [11] | | 0 | [11] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [11] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [11] | 0 | [11] | | 0 | [11] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [11] | 0 | [11] | | 0 | [11] | |
Pension Plans | Market Neutral Hedge Funds | Level 2 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 928 | [11] | 867 | [11] | | 928 | [11] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 928 | [11] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 928 | [11] | 867 | [11] | | 928 | [11] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 928 | [11] | 867 | [11] | | 928 | [11] | |
Pension Plans | Market Neutral Hedge Funds | Level 3 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 100 | [11] | 99 | [11] | | | | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | 99 | [11] | 0 | | | | | |
Net transfers | 0 | | 0 | | | | | |
Acquisitions | 0 | | 100 | | | | | |
Dispositions | 0 | | 0 | | | | | |
Actual return on plan assets: | | | | | | | | |
Gains relating to assets sold during the year | 0 | | 0 | | | | | |
(Losses) gains relating to assets still held at year-end | 1 | | -1 | | | | | |
Fair value of plan assets at end of year | 100 | [11] | 99 | [11] | | | | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 100 | [11] | 99 | [11] | | | | |
Pension Plans | Directional Hedge Funds | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 558 | [11] | 614 | [11] | | 558 | [11] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 558 | [11] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 558 | [11] | 614 | [11] | | 558 | [11] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 558 | [11] | 614 | [11] | | 558 | [11] | |
Pension Plans | Directional Hedge Funds | Level 1 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [11] | 0 | [11] | | 0 | [11] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [11] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [11] | 0 | [11] | | 0 | [11] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [11] | 0 | [11] | | 0 | [11] | |
Pension Plans | Directional Hedge Funds | Level 2 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 530 | [11] | 582 | [11] | | 530 | [11] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 530 | [11] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 530 | [11] | 582 | [11] | | 530 | [11] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 530 | [11] | 582 | [11] | | 530 | [11] | |
Pension Plans | Directional Hedge Funds | Level 3 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 28 | [11] | 32 | [11] | | | | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | 32 | [11] | 194 | | | | | |
Net transfers | 0 | | -165 | | | | | |
Acquisitions | 0 | | 0 | | | | | |
Dispositions | 0 | | 1 | | | | | |
Actual return on plan assets: | | | | | | | | |
Gains relating to assets sold during the year | 0 | | 0 | | | | | |
(Losses) gains relating to assets still held at year-end | -4 | | 4 | | | | | |
Fair value of plan assets at end of year | 28 | [11] | 32 | [11] | | | | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 28 | [11] | 32 | [11] | | | | |
Pension Plans | Real Estate | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 699 | [12] | 571 | [12] | | 699 | [12] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 699 | [12] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 699 | [12] | 571 | [12] | | 699 | [12] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 699 | [12] | 571 | [12] | | 699 | [12] | |
Pension Plans | Real Estate | Level 1 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [12] | 0 | [12] | | 0 | [12] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [12] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [12] | 0 | [12] | | 0 | [12] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [12] | 0 | [12] | | 0 | [12] | |
Pension Plans | Real Estate | Level 2 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 483 | [12] | 306 | [12] | | 483 | [12] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 483 | [12] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 483 | [12] | 306 | [12] | | 483 | [12] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 483 | [12] | 306 | [12] | | 483 | [12] | |
Pension Plans | Real Estate | Level 3 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 216 | [12] | 265 | [12] | | | | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | 265 | [12] | 337 | | | | | |
Net transfers | -4 | | 0 | | | | | |
Acquisitions | 5 | | 9 | | | | | |
Dispositions | 61 | | 97 | | | | | |
Actual return on plan assets: | | | | | | | | |
Gains relating to assets sold during the year | 3 | | 11 | | | | | |
(Losses) gains relating to assets still held at year-end | 8 | | 5 | | | | | |
Fair value of plan assets at end of year | 216 | [12] | 265 | [12] | | | | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 216 | [12] | 265 | [12] | | | | |
Pension Plans | Derivatives | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 17 | [13] | -34 | [13] | | 17 | [13] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 17 | [13] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 17 | [13] | -34 | [13] | | 17 | [13] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 17 | [13] | -34 | [13] | | 17 | [13] | |
Pension Plans | Derivatives | Level 1 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [13] | 0 | [13] | | 0 | [13] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [13] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [13] | 0 | [13] | | 0 | [13] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [13] | 0 | [13] | | 0 | [13] | |
Pension Plans | Derivatives | Level 2 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 17 | [13] | -34 | [13] | | 17 | [13] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 17 | [13] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 17 | [13] | -34 | [13] | | 17 | [13] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 17 | [13] | -34 | [13] | | 17 | [13] | |
Pension Plans | Derivatives | Level 3 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [13] | 0 | [13] | | 0 | [13] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [13] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [13] | 0 | [13] | | 0 | [13] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [13] | 0 | [13] | | 0 | [13] | |
Pension Plans | Cash equivalents and short-term investment funds | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 690 | [14] | 721 | [14] | | 690 | [14] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 690 | [14] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 690 | [14] | 721 | [14] | | 690 | [14] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 690 | [14] | 721 | [14] | | 690 | [14] | |
Pension Plans | Cash equivalents and short-term investment funds | Level 1 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [14] | 0 | [14] | | 0 | [14] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [14] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [14] | 0 | [14] | | 0 | [14] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [14] | 0 | [14] | | 0 | [14] | |
Pension Plans | Cash equivalents and short-term investment funds | Level 2 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 690 | [14] | 721 | [14] | | 690 | [14] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 690 | [14] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 690 | [14] | 721 | [14] | | 690 | [14] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 690 | [14] | 721 | [14] | | 690 | [14] | |
Pension Plans | Cash equivalents and short-term investment funds | Level 3 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [14] | 0 | [14] | | 0 | [14] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [14] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [14] | 0 | [14] | | 0 | [14] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [14] | 0 | [14] | | 0 | [14] | |
Post-Retirement Benefit Plans | | | | | | | | |
Employee Benefits | | | | | | | | |
Total investments | 353 | | 534 | | | | | |
Other items to reconcile to fair value of plan assets | | | 1 | | | | | |
Total plan assets | 353 | | 535 | | 626 | | | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | 535 | | 626 | | 693 | | | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 353 | | 535 | | 626 | | | |
Actual gains on pension and post retirement plan assets | 37 | | 45 | | 80 | | | |
Expected return | 33 | | 39 | | 45 | | | |
Unfunded Status | | | | | | | | |
Benefit obligation | -3,830 | | -3,688 | | -4,075 | | | -3,930 |
Fair value of plan assets | 353 | | 535 | | 626 | | | |
Unfunded status | -3,477 | | -3,153 | | | | | |
Current portion of unfunded status | -134 | | -154 | | | | | |
Non-current portion of unfunded status | -3,343 | | -2,999 | | | | | |
Accumulated other comprehensive (loss) income at the beginning of the period | | | | | | | | |
Net actuarial (loss) gain | -277 | | -37 | | | | | |
Prior service (cost) benefit | 163 | | | | | 166 | | |
Deferred income tax benefit (expense) | -171 | | -78 | | | | | |
Total | 272 | | 122 | | | | | |
Recognition of Net Periodic Benefits Expense | | | | | | | | |
Net actuarial (loss) gain | 0 | | 4 | | 0 | | | |
Prior service (cost) benefit | -20 | | 0 | | 0 | | | |
Deferred income tax benefit (expense) | -8 | | | | | | | |
Net periodic (income) expense | 12 | | | | | | | |
Deferrals | | | | | | | | |
Net actuarial (loss) gain | -240 | | | | | | | |
Prior service (cost) benefit | -23 | | | | | | | |
Deferred income tax benefit (expense) | 101 | | | | | | | |
Total | -162 | | | | | | | |
Net Change in AOCI | | | | | | | | |
Net actuarial (loss) gain | -240 | | | | | | | |
Prior service (cost) benefit | -3 | | | | | | | |
Deferred income tax benefit (expense) | 93 | | | | | | | |
Total | -150 | | | | | | | |
Accumulated other comprehensive (loss) income at the end of the period | | | | | | | | |
Net actuarial (loss) gain | -277 | | -37 | | | | | |
Prior service (cost) benefit | 163 | | | | | 166 | | |
Deferred income tax benefit (expense) | -171 | | -78 | | | | | |
Total | 272 | | 122 | | | | | |
Estimated recognition of net periodic benefit expense in 2013: | | | | | | | | |
Net actuarial loss | 0 | | | | | | | |
Prior service cost | -19 | | | | | | | |
Deferred income tax benefit | 7 | | | | | | | |
Total | -12 | | | | | | | |
Post-Retirement Benefit Plans | Level 1 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total investments | 79 | | 135 | | | 79 | | |
Post-Retirement Benefit Plans | Level 2 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total investments | 239 | | 342 | | | 239 | | |
Post-Retirement Benefit Plans | Level 3 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total investments | 35 | | 57 | | | | | |
Total plan assets | 35 | | 57 | | | | | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | 57 | | 79 | | | | | |
Acquisitions | 1 | | 1 | | | | | |
Dispositions | 25 | | 30 | | | | | |
Actual return on plan assets: | | | | | | | | |
Gains relating to assets sold during the year | 8 | | 3 | | | | | |
(Losses) gains relating to assets still held at year-end | -6 | | 4 | | | | | |
Fair value of plan assets at end of year | 35 | | 57 | | | | | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 35 | | 57 | | | | | |
Post-Retirement Benefit Plans | Exchange-traded U.S. equity futures | | | | | | | | |
Employee Benefits | | | | | | | | |
Gross notional exposure | 7 | | 16 | | | 7 | | |
Post-Retirement Benefit Plans | Exchange-traded non-U.S. equity futures | | | | | | | | |
Employee Benefits | | | | | | | | |
Gross notional exposure | 0 | | 0 | | | 0 | | |
Post-Retirement Benefit Plans | Exchange-traded Treasury futures | | | | | | | | |
Employee Benefits | | | | | | | | |
Gross notional exposure | 0 | | 0 | | | 0 | | |
Post-Retirement Benefit Plans | Interest rate swaps | | | | | | | | |
Employee Benefits | | | | | | | | |
Gross notional exposure | 0 | | 0 | | | 0 | | |
Post-Retirement Benefit Plans | Credit default swaps | | | | | | | | |
Employee Benefits | | | | | | | | |
Gross notional exposure | 0 | | 0 | | | 0 | | |
Post-Retirement Benefit Plans | Foreign exchange forwards | | | | | | | | |
Employee Benefits | | | | | | | | |
Gross notional exposure | 13 | | 29 | | | 13 | | |
Post-Retirement Benefit Plans | Options | | | | | | | | |
Employee Benefits | | | | | | | | |
Gross notional exposure | 0 | | 0 | | | 0 | | |
Post-Retirement Benefit Plans | Investment grade bonds | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 77 | [1] | 77 | | | 77 | [1] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 77 | [1] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 77 | [1] | 77 | | | 77 | [1] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 77 | [1] | 77 | | | 77 | [1] | |
Post-Retirement Benefit Plans | Investment grade bonds | Level 1 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 5 | [1] | 21 | | | 5 | [1] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 5 | [1] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 5 | [1] | 21 | | | 5 | [1] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 5 | [1] | 21 | | | 5 | [1] | |
Post-Retirement Benefit Plans | Investment grade bonds | Level 2 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 72 | [1] | 56 | | | 72 | [1] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 72 | [1] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 72 | [1] | 56 | | | 72 | [1] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 72 | [1] | 56 | | | 72 | [1] | |
Post-Retirement Benefit Plans | Investment grade bonds | Level 3 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [1] | 0 | | | 0 | [1] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [1] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [1] | 0 | | | 0 | [1] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [1] | 0 | | | 0 | [1] | |
Post-Retirement Benefit Plans | High Yield Bonds | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 15 | [2] | 56 | | | 15 | [2] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 15 | [2] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 15 | [2] | 56 | | | 15 | [2] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 15 | [2] | 56 | | | 15 | [2] | |
Post-Retirement Benefit Plans | High Yield Bonds | Level 1 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [2] | 0 | | | 0 | [2] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [2] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [2] | 0 | | | 0 | [2] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [2] | 0 | | | 0 | [2] | |
Post-Retirement Benefit Plans | High Yield Bonds | Level 2 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 15 | [2] | 56 | | | 15 | [2] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 15 | [2] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 15 | [2] | 56 | | | 15 | [2] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 15 | [2] | 56 | | | 15 | [2] | |
Post-Retirement Benefit Plans | High Yield Bonds | Level 3 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [2] | 0 | | | 0 | [2] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [2] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [2] | 0 | | | 0 | [2] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [2] | 0 | | | 0 | [2] | |
Post-Retirement Benefit Plans | Emerging market bonds | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 1 | [3] | 37 | | | 1 | [3] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 1 | [3] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 1 | [3] | 37 | | | 1 | [3] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 1 | [3] | 37 | | | 1 | [3] | |
Post-Retirement Benefit Plans | Emerging market bonds | Level 1 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [3] | 0 | | | 0 | [3] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [3] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [3] | 0 | | | 0 | [3] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [3] | 0 | | | 0 | [3] | |
Post-Retirement Benefit Plans | Emerging market bonds | Level 2 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 1 | [3] | 37 | | | 1 | [3] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 1 | [3] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 1 | [3] | 37 | | | 1 | [3] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 1 | [3] | 37 | | | 1 | [3] | |
Post-Retirement Benefit Plans | Emerging market bonds | Level 3 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [3] | 0 | | | 0 | [3] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [3] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [3] | 0 | | | 0 | [3] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [3] | 0 | | | 0 | [3] | |
Post-Retirement Benefit Plans | Diversified strategies | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 89 | [5] | 86 | | | 89 | [5] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 89 | [5] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 89 | [5] | 86 | | | 89 | [5] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 89 | [5] | 86 | | | 89 | [5] | |
Post-Retirement Benefit Plans | Diversified strategies | Level 1 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [5] | 0 | | | 0 | [5] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [5] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [5] | 0 | | | 0 | [5] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [5] | 0 | | | 0 | [5] | |
Post-Retirement Benefit Plans | Diversified strategies | Level 2 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 89 | [5] | 86 | | | 89 | [5] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 89 | [5] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 89 | [5] | 86 | | | 89 | [5] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 89 | [5] | 86 | | | 89 | [5] | |
Post-Retirement Benefit Plans | Diversified strategies | Level 3 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [5] | 0 | | | 0 | [5] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [5] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [5] | 0 | | | 0 | [5] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [5] | 0 | | | 0 | [5] | |
Post-Retirement Benefit Plans | U.S. stocks | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 35 | [6] | 56 | | | 35 | [6] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 35 | [6] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 35 | [6] | 56 | | | 35 | [6] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 35 | [6] | 56 | | | 35 | [6] | |
Post-Retirement Benefit Plans | U.S. stocks | Level 1 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 35 | [6] | 56 | | | 35 | [6] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 35 | [6] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 35 | [6] | 56 | | | 35 | [6] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 35 | [6] | 56 | | | 35 | [6] | |
Post-Retirement Benefit Plans | U.S. stocks | Level 2 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [6] | 0 | | | 0 | [6] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [6] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [6] | 0 | | | 0 | [6] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [6] | 0 | | | 0 | [6] | |
Post-Retirement Benefit Plans | U.S. stocks | Level 3 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [6] | 0 | | | 0 | [6] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [6] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [6] | 0 | | | 0 | [6] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [6] | 0 | | | 0 | [6] | |
Post-Retirement Benefit Plans | Non-U.S. stocks | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 33 | [7] | 58 | | | 33 | [7] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 33 | [7] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 33 | [7] | 58 | | | 33 | [7] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 33 | [7] | 58 | | | 33 | [7] | |
Post-Retirement Benefit Plans | Non-U.S. stocks | Level 1 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 33 | [7] | 58 | | | 33 | [7] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 33 | [7] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 33 | [7] | 58 | | | 33 | [7] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 33 | [7] | 58 | | | 33 | [7] | |
Post-Retirement Benefit Plans | Non-U.S. stocks | Level 2 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [7] | 0 | | | 0 | [7] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [7] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [7] | 0 | | | 0 | [7] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [7] | 0 | | | 0 | [7] | |
Post-Retirement Benefit Plans | Non-U.S. stocks | Level 3 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [7] | 0 | | | 0 | [7] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [7] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [7] | 0 | | | 0 | [7] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [7] | 0 | | | 0 | [7] | |
Post-Retirement Benefit Plans | Emerging market stocks | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 6 | [8] | 12 | | | 6 | [8] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 6 | [8] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 6 | [8] | 12 | | | 6 | [8] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 6 | [8] | 12 | | | 6 | [8] | |
Post-Retirement Benefit Plans | Emerging market stocks | Level 1 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 6 | [8] | 0 | | | 6 | [8] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 6 | [8] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 6 | [8] | 0 | | | 6 | [8] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 6 | [8] | 0 | | | 6 | [8] | |
Post-Retirement Benefit Plans | Emerging market stocks | Level 2 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [8] | 12 | | | 0 | [8] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [8] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [8] | 12 | | | 0 | [8] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [8] | 12 | | | 0 | [8] | |
Post-Retirement Benefit Plans | Emerging market stocks | Level 3 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [8] | 0 | | | 0 | [8] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [8] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [8] | 0 | | | 0 | [8] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [8] | 0 | | | 0 | [8] | |
Post-Retirement Benefit Plans | Private Equity | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 28 | [9] | 40 | | | 28 | [9] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 28 | [9] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 28 | [9] | 40 | | | 28 | [9] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 28 | [9] | 40 | | | 28 | [9] | |
Post-Retirement Benefit Plans | Private Equity | Level 1 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [9] | 0 | | | 0 | [9] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [9] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [9] | 0 | | | 0 | [9] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [9] | 0 | | | 0 | [9] | |
Post-Retirement Benefit Plans | Private Equity | Level 2 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [9] | 0 | | | 0 | [9] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [9] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [9] | 0 | | | 0 | [9] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [9] | 0 | | | 0 | [9] | |
Post-Retirement Benefit Plans | Private Equity | Level 3 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 28 | [9] | 40 | | | | | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | 40 | | 45 | | | | | |
Acquisitions | 1 | | 1 | | | | | |
Dispositions | 15 | | 11 | | | | | |
Actual return on plan assets: | | | | | | | | |
Gains relating to assets sold during the year | 7 | | 4 | | | | | |
(Losses) gains relating to assets still held at year-end | -5 | | 1 | | | | | |
Fair value of plan assets at end of year | 28 | [9] | 40 | | | | | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 28 | [9] | 40 | | | | | |
Post-Retirement Benefit Plans | Private Debt | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 3 | [10] | 5 | | | 3 | [10] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 3 | [10] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 3 | [10] | 5 | | | 3 | [10] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 3 | [10] | 5 | | | 3 | [10] | |
Post-Retirement Benefit Plans | Private Debt | Level 1 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [10] | 0 | | | 0 | [10] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [10] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [10] | 0 | | | 0 | [10] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [10] | 0 | | | 0 | [10] | |
Post-Retirement Benefit Plans | Private Debt | Level 2 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [10] | 0 | | | 0 | [10] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [10] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [10] | 0 | | | 0 | [10] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [10] | 0 | | | 0 | [10] | |
Post-Retirement Benefit Plans | Private Debt | Level 3 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 3 | [10] | 5 | | | | | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | 5 | | 6 | | | | | |
Acquisitions | 0 | | 0 | | | | | |
Dispositions | 2 | | 1 | | | | | |
Actual return on plan assets: | | | | | | | | |
Gains relating to assets sold during the year | 1 | | 0 | | | | | |
(Losses) gains relating to assets still held at year-end | -1 | | 0 | | | | | |
Fair value of plan assets at end of year | 3 | [10] | 5 | | | | | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 3 | [10] | 5 | | | | | |
Post-Retirement Benefit Plans | Market Neutral Hedge Funds | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 25 | [11] | 35 | | | 25 | [11] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 25 | [11] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 25 | [11] | 35 | | | 25 | [11] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 25 | [11] | 35 | | | 25 | [11] | |
Post-Retirement Benefit Plans | Market Neutral Hedge Funds | Level 1 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [11] | 0 | | | 0 | [11] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [11] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [11] | 0 | | | 0 | [11] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [11] | 0 | | | 0 | [11] | |
Post-Retirement Benefit Plans | Market Neutral Hedge Funds | Level 2 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 25 | [11] | 35 | | | 25 | [11] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 25 | [11] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 25 | [11] | 35 | | | 25 | [11] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 25 | [11] | 35 | | | 25 | [11] | |
Post-Retirement Benefit Plans | Market Neutral Hedge Funds | Level 3 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [11] | 0 | | | 0 | [11] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [11] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [11] | 0 | | | 0 | [11] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [11] | 0 | | | 0 | [11] | |
Post-Retirement Benefit Plans | Directional Hedge Funds | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 1 | [11] | 14 | | | 1 | [11] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 1 | [11] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 1 | [11] | 14 | | | 1 | [11] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 1 | [11] | 14 | | | 1 | [11] | |
Post-Retirement Benefit Plans | Directional Hedge Funds | Level 1 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [11] | 0 | | | 0 | [11] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [11] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [11] | 0 | | | 0 | [11] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [11] | 0 | | | 0 | [11] | |
Post-Retirement Benefit Plans | Directional Hedge Funds | Level 2 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 1 | [11] | 14 | | | 1 | [11] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 1 | [11] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 1 | [11] | 14 | | | 1 | [11] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 1 | [11] | 14 | | | 1 | [11] | |
Post-Retirement Benefit Plans | Directional Hedge Funds | Level 3 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [11] | 0 | | | 0 | [11] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [11] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [11] | 0 | | | 0 | [11] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [11] | 0 | | | 0 | [11] | |
Post-Retirement Benefit Plans | Real Estate | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 28 | [12] | 34 | | | 28 | [12] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 28 | [12] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 28 | [12] | 34 | | | 28 | [12] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 28 | [12] | 34 | | | 28 | [12] | |
Post-Retirement Benefit Plans | Real Estate | Level 1 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [12] | 0 | | | 0 | [12] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [12] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [12] | 0 | | | 0 | [12] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [12] | 0 | | | 0 | [12] | |
Post-Retirement Benefit Plans | Real Estate | Level 2 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 24 | [12] | 22 | | | 24 | [12] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 24 | [12] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 24 | [12] | 22 | | | 24 | [12] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 24 | [12] | 22 | | | 24 | [12] | |
Post-Retirement Benefit Plans | Real Estate | Level 3 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 4 | [12] | 12 | | | | | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | 12 | | 28 | | | | | |
Acquisitions | 0 | | 0 | | | | | |
Dispositions | 8 | | 18 | | | | | |
Actual return on plan assets: | | | | | | | | |
Gains relating to assets sold during the year | 0 | | -1 | | | | | |
(Losses) gains relating to assets still held at year-end | 0 | | 3 | | | | | |
Fair value of plan assets at end of year | 4 | [12] | 12 | | | | | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 4 | [12] | 12 | | | | | |
Post-Retirement Benefit Plans | Cash equivalents and short-term investment funds | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 12 | [14] | 24 | | | 12 | [14] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 12 | [14] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 12 | [14] | 24 | | | 12 | [14] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 12 | [14] | 24 | | | 12 | [14] | |
Post-Retirement Benefit Plans | Cash equivalents and short-term investment funds | Level 1 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [14] | 0 | | | 0 | [14] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [14] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [14] | 0 | | | 0 | [14] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 0 | [14] | 0 | | | 0 | [14] | |
Post-Retirement Benefit Plans | Cash equivalents and short-term investment funds | Level 2 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 12 | [14] | 24 | | | 12 | [14] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 12 | [14] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 12 | [14] | 24 | | | 12 | [14] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | 12 | [14] | 24 | | | 12 | [14] | |
Post-Retirement Benefit Plans | Cash equivalents and short-term investment funds | Level 3 | | | | | | | | |
Employee Benefits | | | | | | | | |
Total plan assets | 0 | [14] | 0 | | | 0 | [14] | |
Change in plan assets | | | | | | | | |
Fair value of plan assets at beginning of year | | | | | | 0 | [14] | |
Actual return on plan assets: | | | | | | | | |
Fair value of plan assets at end of year | 0 | [14] | 0 | | | 0 | [14] | |
Unfunded Status | | | | | | | | |
Fair value of plan assets | $0 | [14] | $0 | | | $0 | [14] | |
|
[1] | Investment grade bonds represent investments in fixed income securities as well as commingled bond funds comprised of U.S. Treasury securities, agencies, corporate bonds, mortgage-backed securities, asset-backed securities and commercial mortgage-backed securities. Treasury securities are valued at the bid price reported in the active market in which the security is traded and are classified as Level 1. The valuation inputs of other investment grade bonds primarily utilize observable market information and are based on a spread to U.S. Treasury securities and consider yields available on comparable securities of issuers with similar credit ratings. The primary observable inputs include references to the new issue market for similar securities, the secondary trading markets and dealer quotes. Option adjusted spread models are utilized to evaluate securities such as asset backed securities that have early redemption features. These securities are classified as Level 2. The commingled funds are valued at NAV based on the market value of the underlying fixed income securities using the same valuation inputs described above. The commingled funds can be redeemed at NAV within a year of the financial statement date and are classified as Level 2. |
[2] | High yield bonds represent investments in below investment grade fixed income securities as well as commingled high yield bond funds. The valuation inputs for the securities primarily utilize observable market information and are based on a spread to U.S. Treasury securities and consider yields available on comparable securities of issuers with similar credit ratings. These securities are classified as Level 2. The commingled funds are valued at NAV based on the market value of the underlying high yield instruments using the same valuation inputs described above. Commingled funds that can be redeemed at NAV within a year of the financial statement date are classified as Level 2. Commingled funds that cannot be redeemed at NAV or that cannot be redeemed at NAV within a year of the financial statement date are classified as Level 3. |
[3] | Emerging market bonds represent investments in securities issued by governments and other entities located in developing countries as well as registered mutual funds and commingled emerging market bond funds. The valuation inputs for the securities utilize observable market information and are primarily based on dealer quotes or a spread relative to the local government bonds. These securities are classified as Level 2. The commingled funds are valued at NAV based on the market value of the underlying emerging market bonds using the same valuation inputs described above. The commingled funds can be redeemed at NAV within a year of the financial statement date and are classified as Level 2. The registered mutual funds trade at the daily NAV, as determined by the market value of the underlying investments, and are classified as Level 1. |
[4] | Convertible bonds primarily represent investments in corporate debt securities that have features that allow the debt to be converted into equity securities under certain circumstances. The valuation inputs for the individual convertible bonds primarily utilize observable market information including a spread to U.S. Treasuries and the value and volatility of the underlying equity security. Convertible bonds are classified as Level 2. |
[5] | Diversified strategies represent an investment in a commingled fund that primarily has exposures to global government, corporate and inflation linked bonds, global stocks and commodities. The commingled fund is valued at NAV based on the market value of the underlying investments. The valuation inputs utilize observable market information including published prices for exchange traded securities, bid prices for government bonds, and spreads and yields available for comparable fixed income securities with similar credit ratings. This fund can be redeemed at NAV within a year of the financial statement date and is classified as Level 2. |
[6] | U.S. stocks represent investments in stocks of U.S. based companies as well as commingled U.S. stock funds. The valuation inputs for U.S. stocks are based on the last published price reported on the major stock market on which the securities are traded and are classified as Level 1. The commingled funds are valued at NAV based on the market value of the underlying investments using the same valuation inputs described above. These commingled funds can be redeemed at NAV within a year of the financial statement date and are classified as Level 2. |
[7] | Non-U.S. stocks represent investments in stocks of companies based in developed countries outside the U.S. as well as commingled funds. The valuation inputs for non-U.S. stocks are based on the last published price reported on the major stock market on which the securities are traded and are classified as Level 1. The commingled funds are valued at NAV based on the market value of the underlying investments using the same valuation inputs described above. These commingled funds can be redeemed at NAV within a year of the financial statement date and are classified as Level 2. |
[8] | Emerging market stocks represent investments in a registered mutual fund and commingled funds comprised of stocks of companies located in developing markets. Registered mutual funds trade at the daily NAV, as determined by the market value of the underlying investments, and are classified as Level 1. The commingled funds are valued at NAV based on the market value of the underlying investments using the same valuation inputs described previously for individual stocks. These commingled funds can be redeemed at NAV within a year of the financial statement date and are classified as Level 2. |
[9] | Private equity represents non-public investments in domestic and foreign buy out and venture capital funds. Private equity funds are structured as limited partnerships and are valued according to the valuation policy of each partnership, subject to prevailing accounting and other regulatory guidelines. The partnerships use valuation methodologies that give consideration to a range of factors, including but not limited to the price at which investments were acquired, the nature of the investments, market conditions, trading values on comparable public securities, current and projected operating performance, and financing transactions subsequent to the acquisition of the investments. These valuation methodologies involve a significant degree of judgment. Private equity investments are classified as Level 3. |
[10] | Private debt represents non-public investments in distressed or mezzanine debt funds. Mezzanine debt instruments are debt instruments that are subordinated to other debt issues and may include embedded equity instruments such as warrants. Private debt funds are structured as limited partnerships and are valued according to the valuation policy of each partnership, subject to prevailing accounting and other regulatory guidelines. The valuation of underlying fund investments are based on factors including the issuer's current and projected credit worthiness, the security's terms, reference to the securities of comparable companies, and other market factors. These valuation methodologies involve a significant degree of judgment. Private debt investments are classified as Level 3. |
[11] | Market neutral hedge funds hold investments in a diversified mix of instruments that are intended in combination to exhibit low correlations to market fluctuations. These investments are typically combined with futures to achieve uncorrelated excess returns over various markets. Directional hedge funds—This asset category represents investments that may exhibit somewhat higher correlations to market fluctuations than the market neutral hedge funds. Investments in hedge funds include both direct investments and investments in diversified funds of funds. Hedge Funds are valued at NAV based on the market value of the underlying investments which include publicly traded equity and fixed income securities and privately negotiated debt securities. The hedge funds are valued by third party administrators using the same valuation inputs previously described. Hedge funds that can be redeemed at NAV within a year of the financial statement date are classified as Level 2. Hedge fund investments that cannot be redeemed at NAV or that cannot be redeemed at NAV within a year of the financial statement date are classified as Level 3. |
[12] | Real estate represents investments in commingled funds and limited partnerships that invest in a diversified portfolio of real estate properties. These investments are valued at NAV according to the valuation policy of each fund or partnership, subject to prevailing accounting and other regulatory guidelines. The valuation inputs of the underlying properties are generally based on third-party appraisals that use comparable sales or a projection of future cash flows to determine fair value. Real estate investments that can be redeemed at NAV within a year of the financial statement date are classified as Level 2. Real estate investments that cannot be redeemed at NAV or that cannot be redeemed at NAV within a year of the financial statement date are classified as Level 3. |
[13] | Derivatives include exchange traded futures contracts, as well as privately negotiated over-the-counter swaps and options that are valued based on the change in interest rates or a specific market index and are classified as Level 2. The market values represent gains or losses that occur due to fluctuations in interest rates, foreign currency exchange rates, security prices, or other factors. |
[14] | Cash equivalents and short-term investments represent investments that are used in conjunction with derivatives positions or are used to provide liquidity for the payment of benefits or other purposes. The valuation inputs of securities are based on a spread to U.S. Treasury Bills, the Federal Funds Rate, or London Interbank Offered Rate and consider yields available on comparable securities of issuers with similar credit ratings and are classified as Level 2. The commingled funds are valued at NAV based on the market value of the underlying investments using the same valuation inputs described above. These commingled funds can be redeemed at NAV within a year of the financial statement date and are classified as Level 2. |