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Benefit Plans
3 Months Ended
Mar. 31, 2018
Retirement Benefits [Abstract]  
Benefit Plans

7. Benefit Plans

The Company and its subsidiaries have several non-contributory defined benefit plans and postretirement benefit plans covering eligible employees and retirees.

The following table presents the components of net periodic (benefit) cost for the plans:

 

             Pension Benefits      Other
Postretirement Benefits  
 
  

 

 

 
Three Months Ended March 31            2018         2017           2018      2017     

 

 

(In millions)

           

Service cost

       $ 2        $ 2           

Interest cost

     27          30         $ 1          $ 1           

Expected return on plan assets

     (45)         (43)          (1)           (1)          

Amortization of unrecognized net loss

     11          11           

Amortization of unrecognized prior service benefit

           (1)           (1)          

Settlement charge

     4          2           

 

 

Net periodic (benefit) cost

       $ (1)       $ 2         $     (1)         $ (1)