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Employee Benefits
6 Months Ended
Jun. 30, 2018
Retirement Benefits [Abstract]  
Employee Benefits
Employee Benefits
Net periodic benefit (income) expense for our qualified and non-qualified pension plans included the following components:
 
Pension Plans
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2018
 
2017
 
2018
 
2017
 
(Dollars in millions)
Service cost
$
16

 
14

 
32

 
31

Interest cost
98

 
105

 
197

 
206

Expected return on plan assets
(171
)
 
(167
)
 
(342
)
 
(333
)
Recognition of prior service credit
(2
)
 
(2
)
 
(4
)
 
(4
)
Recognition of actuarial loss
46

 
52

 
90

 
103

Net periodic pension benefit (income) expense
$
(13
)
 
2

 
(27
)
 
3


Net periodic benefit expense for our post-retirement benefit plans included the following components:
 
Post-Retirement Benefit Plans
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2018
 
2017
 
2018
 
2017
 
(Dollars in millions)
Service cost
$
5

 
5

 
9

 
9

Interest cost
25

 
25

 
49

 
50

Expected return on plan assets

 
(1
)
 

 
(1
)
Recognition of prior service cost
5

 
5

 
10

 
10

Net periodic post-retirement benefit expense
$
35

 
34

 
68

 
68


Benefits paid by our qualified pension plan are paid through a trust that holds all plan assets. Based on current laws and circumstances, we do not expect any contributions to be required for our qualified pension plan during the remainder of 2018. However, we made a voluntary contribution of $100 million to the trust for our qualified pension plan in June 2018, and made an additional voluntary contribution of $400 million during the third quarter of 2018.