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Pension Plans and Other Post Employment Benefit Plans
6 Months Ended
Jun. 30, 2018
Retirement Benefits [Abstract]  
Pension and Other Postretirement Benefits Disclosure [Text Block]
PENSION PLANS AND OTHER POST EMPLOYMENT BENEFITS

The following sets forth the components of the company's net periodic benefit (credit) cost for defined benefit pension plans and other post employment benefits:
 
Successor
Predecessor
Successor
Predecessor
(In millions)
Three Months Ended June 30, 2018
Three Months Ended June 30, 2017
Six Months Ended June 30, 2018
Six Months Ended June 30, 2017
Defined Benefit Pension Plans:
 
 
 
 
Service cost
$
33

$
34

$
67

$
67

Interest cost
189

197

379

392

Expected return on plan assets
(301
)
(309
)
(604
)
(617
)
Amortization of unrecognized (gain) loss
(1
)
189

(1
)
379

Amortization of prior service benefit

(1
)

(2
)
Curtailment/settlement gain1
(4
)

(4
)

Net periodic benefit (credit) cost - Total
$
(84
)
$
110

$
(163
)
$
219

Less: Discontinued operations

1


2

Net periodic benefit (credit) cost - Continuing operations
$
(84
)
$
109

$
(163
)
$
217

Other Post Employment Benefits:
 
 
 
 
Service cost
$
2

$
2

$
4

$
4

Interest cost
22

23

43

45

Amortization of unrecognized loss

23


46

Amortization of prior service benefit

(18
)

(35
)
Net periodic benefit cost - Continuing operations
$
24

$
30

$
47

$
60

1. 
The 2018 impact relates to the curtailment and settlement of pension plans in the U.S. and Australia.

In accordance with adopted ASU No. 2017-07, service costs are included in cost of goods sold, research and development expense and selling, general and administrative expenses in the interim Consolidated Income Statements. Non-service related components of net periodic benefit (credit) cost are included in sundry income (expense) - net in the interim Consolidated Income Statements. See Notes 1, 2 and 8 for additional information.

During the six months ended June 30, 2017, the company made contributions of $2,900 million to its principal U.S. pension plan funded through a debt offering in May of 2017; short-term borrowings, including commercial paper issuance; and cash.