Benefit Plans

3 Months Ended

Mar. 31, 2021

Retirement Benefits [Abstract]

Benefit Plans

Benefit Plans

The components of net periodic pension cost (benefit) are presented in the following table.

Three months ended March 31
(In millions)	2021		2020
Net periodic pension cost (benefit)
Interest cost on projected benefit obligation	$	15	$	20
Expected return on plan assets	(38)		(39)
Amortization of net actuarial (gain) loss	12		11
Settlement loss	—		1
Total net periodic pension cost (benefit)	$	(11)	$	(7)

For the three months ended March 31, 2021, the Company recognized $3 million of non-service benefit in Insurance claims and policyholders' benefits and $8 million of non-service benefit in Other operating expenses related to net periodic pension benefit. For the three months ended March 31, 2020, the Company recognized $2 million of non-service benefit in Insurance claims and policyholders' benefits and $5 million of non-service benefit in Other operating expenses related to net periodic pension benefit.