Pension Benefits (Tables)

3 Months Ended

Mar. 31, 2017

Compensation and Retirement Disclosure [Abstract]

Components of Net Periodic Benefit Cost

The components of net periodic benefit cost associated with our significant U.S. pension plans are as follows:

	Quarter ended
	2017			2016
Service cost	$	3		$	4
Interest cost	10			13
Expected return on plan assets	(12		)	(15		)
Amortization of net loss	2			1
Amortization of prior service cost	1			1
Net periodic benefit cost	$	4		$	4
Additional loss recognized due to settlements(a)	$	5		$	—
Pension data adjustment(b)	$	22		$	—

(a) Losses are a result of settlement transactions in each of our U.S. plans which exceeded the sum of annual service and interest costs for each plan. These losses were recorded in Other pension (income) expense.

(b) Reflects a non-cash, out-of-year charge related to the adjustment of certain historical deferred vested liability balances in the Plan during the quarter ended March 31, 2017. This charge was recorded in Other pension (income) expense. See Note 5.