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Postretirement Benefits
 3 Months Ended
Mar. 31, 2020
Retirement Benefits [Abstract]  
Postretirement Benefits    Postretirement benefits
 
A.  Pension and postretirement benefit costs    

 
U.S. Pension 
Benefits
 
Non-U.S. Pension 
Benefits
 
Other
Postretirement 
Benefits
(Millions of dollars)

March 31
 
March 31
 
March 31
 
2020
 
2019
 
2020
 
2019
 
2020
 
2019
For the three months ended:
 
 
 
 
 
 
 
 
 
 
 
Components of net periodic benefit cost:
 
 
 
 
 
 
 
 
 
 
 
Service cost
$
—

 
$
29

 
$
14

 
$
21

 
$
23

 
$
20

Interest cost
121

 
150

 
19

 
23

 
26

 
34

Expected return on plan assets
(198
)
 
(181
)
 
(35
)
 
(37
)
 
(3
)
 
(5
)
Amortization of prior service cost (credit)
—

 
—

 
—

 
—

 
(9
)
 
(10
)
Gain on remeasurement of a non-U.S. pension obligation 1
—

 
—

 
(254
)
 
—

 
—

 
—

Net periodic benefit cost (benefit) 2
$
(77
)
 
$
(2
)
 
$
(256
)
 
$
7

 
$
37

 
$
39

 
 
 
 
 
 
 
 
 
 
 
 

1 
Total lump-sum transfers out of a non-U.S. pension plan exceeded the service and interest cost for 2020, which required us to follow settlement accounting and remeasure the plan's obligation as of March 31, 2020.
2 
The service cost component is included in Operating costs in the Consolidated Statement of Results of Operations. All other components are included in Other income (expense) in the Consolidated Statement of Results of Operations.
 
 
 
 
 


We made $98 million of contributions to our pension and other postretirement plans during the three months ended March 31, 2020. We currently anticipate full-year 2020 contributions of approximately $280 million.
 
B.  Defined contribution benefit costs
 
Total company costs related to our defined contribution plans were as follows:
 
 
 
 
 
 
 
Three Months Ended March 31
 
(Millions of dollars)
2020
 
2019
 
U.S. Plans
$
19

 
$
137

 
Non-U.S. Plans
23

 
21

 
 
$
42

 
$
158

 
 
 
 
 
 

The decrease in the U.S. defined contribution benefit costs for the three months ended March 31, 2020 is primarily due to the fair value adjustments related to our non-qualified deferred compensation plans.