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PENSION AND POSTRETIREMENT BENEFITS
3 Months Ended
Mar. 31, 2020
Compensation And Retirement Disclosure [Abstract]  
PENSION AND POSTRETIREMENT BENEFITS

NOTE 13—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. These plans may be changed or terminated by us at any time. Contributions and net periodic benefit cost for our post-retirement benefit plans were not material during the three months ended March 31, 2020 and 2019. Additionally, contributions and net periodic benefit cost associated with our discontinued operations were not material during the three months ended March 31, 2020 and 2019.

The following table provides contribution information for our plans at March 31, 2020:

 

 

 

U.S. Pension Plans

 

 

Non-U.S. Pension Plans

 

 

 

(In millions)

 

Contributions made through March 31, 2020

 

$

-

 

 

$

6

 

Contributions expected for the remainder of 2020

 

 

1

 

 

 

7

 

Total contributions expected for 2020

 

$

1

 

 

$

13

 

 

The following table provides a breakdown of the components of the net periodic benefit cost (income) associated with our defined benefit pension plans of our continuing operations for the three months ended March 31, 2020 and 2019:

 

 

 

Three Months Ended March 31,

 

 

 

2020

 

 

2019

 

 

 

(In millions)

 

U.S. pension plans:

 

 

 

 

 

 

 

 

Interest cost

 

$

4

 

 

$

5

 

Expected return on plan assets

 

 

(5

)

 

 

(4

)

Net periodic benefit cost (income) (1)

 

$

(1

)

 

$

1

 

 

 

 

 

 

 

 

 

 

Non-U.S. pension plans:

 

 

 

 

 

 

 

 

Service cost

 

$

3

 

 

$

3

 

Interest cost

 

 

3

 

 

 

4

 

Expected return on plan assets

 

 

(5

)

 

 

(6

)

Net periodic benefit cost (1)

 

$

1

 

 

$

1

 

 

 

(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.

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.