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Employee Retirement Plans
3 Months Ended
Mar. 31, 2019
Employee Retirement Plans [Abstract]  
Employee Retirement Plans

8.  Employee Retirement Plans



The following table summarizes the components of net periodic benefit cost for Corning’s defined benefit pension and postretirement health care and life insurance plans (in millions):



 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

Pension benefits

 

Postretirement benefits



 

Three months ended

 

Three months ended



 

March 31,

 

March 31,



 

2019

 

2018

 

2019

 

2018



 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

25 

 

$

25 

 

$

 

$

Interest cost

 

 

37 

 

 

32 

 

 

 

 

Expected return on plan assets 

 

 

(43)

 

 

(47)

 

 

 

 

 

 

Amortization of prior service
   cost (credit)

 

 

 

 

 

 

(2)

 

 

(1)

Total pension and postretirement
   benefit expense

 

$

21 

 

$

12 

 

$

 

$



The components of net period benefit cost other than the service cost component are included in the line item “Other expense, net” in the consolidated statements of income.