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Retirement Plans (Tables)
9 Months Ended
Sep. 30, 2019
Retirement Benefits [Abstract]  
Schedule of components of net periodic benefit cost
The Company’s net periodic benefit costs for the existing Veoneer plans for the three and nine months ended September 30, 2019 and 2018 were as follows:
 
Three Months Ended September 30
 
Nine Months Ended September 30
(Dollars in millions)
2019
 
2018
 
2019
 
2018
Service cost
$
1

 
$
2

 
$
4

 
$
4

Interest cost

 

 
1

 
1

Expected return on plan assets
(1
)
 
(1
)
 
(1
)
 
(2
)
Net periodic benefit cost
$

 
$
1

 
$
4

 
$
3


Summary Of Pension Plans
Prior to the plan transfers to Veoneer legal entities on April 1, 2018, eligible Veoneer employees participated in the following Autoliv-sponsored plans:
Country
Name of Defined Benefit Plans
Germany
Direct Pension Promises Plan
India
Gratuity Plan
Japan
Retirement Allowances Plan
Defined Benefit Corporate Plan
South Korea
Severance Pay Plan (statutory plan)

Schedule of Multiemployer Plans
Prior to certain legal decisions or plan amendments, Veoneer employees in Sweden and in the U.S. participated in the following Autoliv-sponsored multi-employer plans:
Country
Name of Defined Benefit Plans
Sweden
ITP plan
U.S.
Autoliv ASP, Inc. Pension Plan
Autoliv ASP, Inc. Excess Pension Plan
Autoliv ASP, Inc. Supplemental Pension Plan