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Employee Benefit Plans
3 Months Ended
Mar. 31, 2015
Compensation and Retirement Disclosure [Abstract]  
Employee Benefit Plans
Employee Benefit Plans
The components of Net periodic benefit cost and other changes in plan assets and benefit obligations were as follows:
 
Three Months Ended March 31,
 
Pension Benefits
 
 
 
 
 
U.S. Plans
 
Non-U.S. Plans
 
Retiree Health
Components of Net Periodic Benefit Costs:
2015
 
2014
 
2015
 
2014
 
2015
 
2014
Service cost
$
1

 
$
2

 
$
8

 
$
9

 
$
2

 
$
2

Interest cost
38

 
40

 
53

 
69

 
9

 
9

Expected return on plan assets
(38
)
 
(38
)
 
(73
)
 
(87
)
 

 

Recognized net actuarial loss
7

 
2

 
19

 
14

 

 

Amortization of prior service credit
(1
)
 

 

 
(1
)
 
(7
)
 
(11
)
Recognized settlement loss
27

 
12

 

 

 

 

Defined Benefit Plans
34

 
18

 
7

 
4

 
4

 

Defined contribution plans (3)
16

 
15

 
9

 
10

 

 

Net Periodic Benefit Cost
50

 
33

 
16

 
14

 
4

 

 
 
 
 
 
 
 
 
 
 
 
 
Other changes in plan assets and benefit obligations recognized in Other Comprehensive Loss:
 
 
 
 
 
 
 
 
 
 
 
Net actuarial loss(1)
88

 
197

 

 

 

 

Amortization of prior service credit
1

 

 

 
1

 
7

 
11

Amortization of net actuarial loss
(34
)
 
(14
)
 
(19
)
 
(14
)
 

 

Total Recognized in Other Comprehensive Loss(2)
55

 
183

 
(19
)
 
(13
)
 
7

 
11

Total Recognized in Net Periodic Benefit Cost and Other Comprehensive Loss
$
105

 
$
216

 
$
(3
)
 
$
1

 
$
11

 
$
11


_____________________________
(1)
The net actuarial loss (gain) for U.S. Plans primarily reflect; i) the remeasurement of our primary U.S. pension plans as a result of the payment of periodic settlements; and ii) adjustments for the actual valuation results based on January 1st plan census data.
(2)
Amounts represent the pre-tax effect included within Other comprehensive loss. Refer to Note 16 - Other Comprehensive Loss for related tax effects and the after-tax amounts.
(3)
The three months ended March 31, 2015 and 2014 exclude contributions of $2, respectively, related to our ITO business which is held for sale and reported as a discontinued operation as of March 31, 2015. Refer to Note 5 - Divestitures for additional information regarding this pending sale.
Contributions
During the three months ended March 31, 2015, we made cash contributions of $41 ($7 U.S. and $34 Non-U.S.) to our defined benefit pension plans and $13 to our retiree health benefit plans. We presently anticipate additional cash contributions of $299 ($173 U.S. and $126 Non-U.S.) to our defined benefit pension plans and $58 to our retiree health benefit plans in 2015 for total full-year cash contributions of approximately $340 ($180 U.S. and $160 Non-U.S.) to our defined benefit pension plans and $71 to our retiree health benefit plans. In 2014, full-year cash contributions to our defined benefit pension plans were $284 ($124 U.S. and $160 Non-U.S.) and $70 to our retiree health benefit plans.