PENSION AND POSTRETIREMENT BENEFITS

9 Months Ended

Sep. 30, 2019

Compensation And Retirement Disclosure [Abstract]

PENSION AND POSTRETIREMENT BENEFITS

NOTE 14—PENSION AND POSTRETIREMENT BENEFITS

We sponsor various defined benefit pension plans covering eligible employees and provide specific postretirement benefits for eligible retired U.S. employees and their dependents through health care and life insurance benefit programs.

The following table provides contribution information for our Non-U.S. defined benefit pension plans and other postretirement plans at September 30, 2019:

	Non-U.S. Pension Plans
	(In millions)
Contributions made through September 30, 2019	$	10
Contributions expected for the remainder of 2019		4
Total contributions expected for 2019	$	14

The following table provides a breakdown of the components of the net periodic benefit cost (income) associated with our defined benefit pension plans for the periods indicated:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2019			2018			2019			2018
	(In millions)
U.S. pension plans:
Service cost	$	-		$	-		$	-		$	-
Interest cost		5			5			14			14
Expected return on plan assets		(4	)		(5	)		(13	)		(14	)
Amortization of prior service (credits) costs		-			-			-			-
Net periodic benefit cost (income) (1)	$	1		$	-		$	1		$	-
Non-U.S. pension plans:
Service cost	$	3		$	3		$	8		$	5
Interest cost		4			4			14			7
Expected return on plan assets		(6	)		(6	)		(18	)		(10	)
Amortization of prior service (credits) costs		-			-			-			-
Net periodic benefit cost (income) (1)	$	1		$	1		$	4		$	2

^{(1) The components of net periodic benefit cost (income) other than the service cost component are included in Other non-operating (income) expense, net in our Statements of Operations. The service cost component is included in Cost of operations and SG&A, in our Statements of Operations, along with other compensation costs rendered by the participating employees.}

^{(2) Net periodic benefit cost for our other postretirement plans is not material.}

We recognize mark-to-market fair value adjustments on defined benefit pension and other postretirement plans in Other non-operating (income) expense, net in our Statements of Operations in the fourth quarter of each year.