Quarterly report pursuant to Section 13 or 15(d)

Employee Benefit Plans (Tables)

v2.4.0.6
Employee Benefit Plans (Tables)
 3 Months Ended
Mar. 31, 2013
Pension and Other Postretirement Benefit Expense [Abstract]  
Schedule of Net Benefit Costs
The net periodic benefit (income) cost of the U.S. defined benefit pension plans, non-U.S. defined benefit pension plans and postretirement plans sponsored by Merrill Lynch for the three months ended March 31, 2013 and 2012 included the following components:

(dollars in millions)
 
 
 
 
 
Three Months Ended March 31, 2013
 
Three Months Ended March 31, 2012
 
U.S. Defined
Benefit
Pension Plans
Non-U.S. Defined
Benefit
Pension Plans
Postretirement
Plans(1)
 
U.S. Defined
Benefit
Pension Plans
Non-U.S. Defined
Benefit
Pension Plans
Postretirement
Plans(1)
Service cost
$
—

$
8

$
1

 
$
—

$
9

$
1

Interest cost
20

22

3

 
22

20

4

Expected return on plan assets
(28
)
(28
)
—

 
(38
)
(30
)
—

Amortization of prior service cost
—

—

1

 
—

—

1

Amortization of net actuarial losses (gains)
3

1

(1
)
 
1

(2
)
2

Recognized gain due to settlements and curtailments
—

(7
)
—

 
—

—

—

Net periodic benefit (income) cost
$
(5
)
$
(4
)
$
4

 
$
(15
)
$
(3
)
$
8

(1)Approximately 93% and 96% of the postretirement benefit obligation at March 31, 2013 and March 31, 2012 relates to the U.S. postretirement plan.