XML 42 R42.htm IDEA: XBRL DOCUMENT v3.19.3
PENSION AND POSTRETIREMENT BENEFITS (Tables)
9 Months Ended
Sep. 30, 2019
Compensation And Retirement Disclosure [Abstract]  
Schedule of Contribution Information for Plans

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

 

Net Periodic Benefit Cost (Income)

 

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.