Pension and Other Postretirement Benefits (Tables)

3 Months Ended

Mar. 31, 2022

Retirement Benefits [Abstract]

Components of Net Periodic Benefit Cost

The components of net periodic cost (benefit) were as follows:

	First quarter ended
	March 31,
	2022		2021
Pension benefits
Service cost	$	1	$	1
Interest cost	12		12
Expected return on plan assets	(20)		(23)
Recognized net actuarial loss	13		14
Settlements	1		3
Net periodic cost(1)	$	7	$	7
Other postretirement benefits
Service cost	$	—	$	—
Interest cost	1		1
Recognized net actuarial loss	—		—
Amortization of prior service benefit	(2)		(1)
Net periodic benefit(1)	$	(1)	$	—

 

(1)Service cost was included within Cost of goods sold, Selling, general administrative, and other expenses, and Research and

development expenses; settlements were included in Restructuring and other charges; and all other cost components were recorded in Other expense, net in the Statement of Consolidated Operations.