Company: CMA
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000028412-25-000235
Chunk: 201

Company: COMERICA INC
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 8
Chunk 201
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Table of ContentsNotes to Consolidated Financial Statements (unaudited)Comerica Incorporated and Subsidiaries

NOTE 12 - EMPLOYEE BENEFIT PLANS

Net periodic defined benefit cost (credit) is comprised of service cost and other components of net benefit cost (credit). Service cost is included in salaries and benefits expense and other components of net benefit cost (credit) are included in other noninterest expenses on the Consolidated Statements of Comprehensive Income. For further information on the Corporation's employee benefit plans, refer to Note 17 to the consolidated financial statements in the Corporation's 2024 Annual Report.The components of net periodic benefit cost (credit) for the Corporation's qualified pension plan, non-qualified pension plan and postretirement benefit plan are as follows.Qualified Defined Benefit Pension PlanThree Months Ended September 30,Nine Months Ended September 30,(in millions)2025202420252024Service cost$9 $8 $26 $25 Other components of net benefit credit:Interest cost21 20 64 62 Expected return on plan assets(44)(44)(133)(134)Amortization of prior service credit(4)(4)(11)(11)Amortization of net loss 6 6 17 17 Total other components of net benefit credit(21)(22)(63)(66)Net periodic defined benefit credit$(12)$(14)$(37)$(41)Non-Qualified Defined Benefit Pension PlanThree Months Ended September 30,Nine Months Ended September 30,(in millions)2025202420252024Service cost$— $1 $2 $2 Other components of net benefit cost:Interest cost3 2 7 6 Amortization of prior service credit(2)(2)(4)(5)Amortization of net loss1 1 3 3 Total other components of net benefit cost2 1 6 4 Net periodic defined benefit cost$2 $2 $8 $6 Postretirement Benefit PlanThree Months Ended September 30,Nine Months Ended September 30,(in millions)2025202420252024Other components of net benefit credit:Interest cost$— $1 $— $1 Expected return on plan assets(1)(1)(2)(2)Net periodic defined benefit credit$(1)$— $(2)$(1)

NOTE 13 - INCOME TAXES AND TAX-RELATED ITEMS