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Employee Benefit Plans
6 Months Ended
Jun. 30, 2020
Defined Benefit Plan Disclosure [Line Items]  
Employee Benefit Plans Employee Benefit Plans
The following table provides the components of net periodic benefit cost (income) (in millions):
 
 
Pension Benefits
 
Retiree Medical and Other
Postretirement Benefits
Three Months Ended June 30,
 
2020
 
2019
 
2020
 
2019
Service cost
 
$
1

 
$
1

 
$
2

 
$
1

Interest cost
 
154

 
176

 
8

 
8

Expected return on assets
 
(252
)
 
(204
)
 
(3
)
 
(4
)
Settlements
 
4

 

 

 

Amortization of:
 
 
 
 
 
 
 
 
Prior service cost (benefit)
 
7

 
7

 
(52
)
 
(59
)
Unrecognized net loss (gain)
 
41

 
38

 
(5
)
 
(8
)
Net periodic benefit cost (income)
 
$
(45
)
 
$
18

 
$
(50
)
 
$
(62
)
 
 
 
 
 
 
 
 
 
 
 
Pension Benefits
 
Retiree Medical and Other
Postretirement Benefits
Six Months Ended June 30,
 
2020
 
2019
 
2020
 
2019
Service cost
 
$
2

 
$
1

 
$
3

 
$
2

Interest cost
 
307

 
352

 
14

 
17

Expected return on assets
 
(505
)
 
(406
)
 
(6
)
 
(8
)
Settlements
 
4

 

 

 

Amortization of:
 
 
 
 
 
 
 
 
Prior service cost (benefit)
 
14

 
14

 
(106
)
 
(118
)
Unrecognized net loss (gain)
 
83

 
76

 
(12
)
 
(16
)
Net periodic benefit cost (income)
 
$
(95
)
 
$
37

 
$
(107
)
 
$
(123
)

Effective November 1, 2012, substantially all of our defined benefit pension plans were frozen.
The components of net periodic benefit cost (income) other than the service cost component are included in nonoperating other income (expense), net in the condensed consolidated statements of operations.
Pursuant to the CARES Act, minimum required pension contributions to be made in the calendar year 2020 can be deferred to January 1, 2021, with interest accruing from the original due date to the new payment date. We expect to defer our $196 million 2020 minimum required contributions to January 1, 2021, which we intend to pay on December 31, 2020.
American Airlines, Inc. [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Employee Benefit Plans Employee Benefit Plans
The following table provides the components of net periodic benefit cost (income) (in millions):
 
 
Pension Benefits
 
Retiree Medical and Other
Postretirement Benefits
Three Months Ended June 30,
 
2020
 
2019
 
2020
 
2019
Service cost
 
$
1

 
$
1

 
$
2

 
$
1

Interest cost
 
153

 
175

 
8

 
8

Expected return on assets
 
(251
)
 
(203
)
 
(3
)
 
(4
)
Settlements
 
4

 

 

 

Amortization of:
 
 
 
 
 
 
 
 
Prior service cost (benefit)
 
7

 
7

 
(52
)
 
(59
)
Unrecognized net loss (gain)
 
41

 
38

 
(5
)
 
(8
)
Net periodic benefit cost (income)
 
$
(45
)
 
$
18

 
$
(50
)
 
$
(62
)
 
 
 
 
 
 
 
 
 
 
 
Pension Benefits
 
Retiree Medical and Other
Postretirement Benefits
Six Months Ended June 30,
 
2020
 
2019
 
2020
 
2019
Service cost
 
$
1

 
$
1

 
$
3

 
$
2

Interest cost
 
306

 
350

 
14

 
17

Expected return on assets
 
(503
)
 
(405
)
 
(6
)
 
(8
)
Settlements
 
4

 

 

 

Amortization of:
 
 
 
 
 
 
 
 
Prior service cost (benefit)
 
14

 
14

 
(106
)
 
(118
)
Unrecognized net loss (gain)
 
83

 
76

 
(12
)
 
(16
)
Net periodic benefit cost (income)
 
$
(95
)
 
$
36

 
$
(107
)
 
$
(123
)

Effective November 1, 2012, substantially all of American’s defined benefit pension plans were frozen.
The components of net periodic benefit cost (income) other than the service cost component are included in nonoperating other income (expense), net in the condensed consolidated statements of operations.
Pursuant to the CARES Act, minimum required pension contributions to be made in the calendar year 2020 can be deferred to January 1, 2021, with interest accruing from the original due date to the new payment date. American expects to defer its $193 million 2020 minimum required contributions to January 1, 2021, which American intends to pay on December 31, 2020.