Retirement Plans

6 Months Ended

Jun. 30, 2021

Retirement Benefits [Abstract]

Retirement Plans

Retirement Plans

Defined Benefit Pension Plans

The Company’s net periodic benefit costs for plans for the three and six months ended June 30, 2021 and 2020 were as follows:

	Three Months Ended June 30				Six Months Ended June 30
(Dollars in millions)	2021		2020		2021		2020
Service cost	$	1	$	1	$	2	$	2
Interest cost	1		1		1		1
Expected return on plan assets	(1)		(1)		(1)		(1)
Net periodic benefit cost	$	1	$	1	$	2	$	2

The service cost and amortization of prior service cost components are reported among employee compensation costs in the unaudited Condensed Consolidated Statements of Operations. The remaining components (interest cost, expected return on plan assets and amortization of actuarial loss) are reported in Other non-operating items, net in the unaudited Condensed Consolidated Statements of Operations.