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EMPLOYEE BENEFIT PLANS (Tables)
6 Months Ended
Jun. 30, 2018
Compensation And Retirement Disclosure [Abstract]  
Components of Net Periodic Pension Benefit

The components of net periodic pension benefit for the Company’s North America pension plans are as follows:

 

 

 

Second Quarter

 

 

First Half

 

(In millions)

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Service cost

 

$

1

 

 

$

1

 

 

$

2

 

 

$

3

 

Interest cost

 

 

9

 

 

 

9

 

 

 

18

 

 

 

19

 

Expected return on plan assets

 

 

(10

)

 

 

(12

)

 

 

(21

)

 

 

(24

)

Net periodic pension benefit

 

$

 

 

$

(2

)

 

$

(1

)

 

$

(2

)

 

As part of the European business sale, the Company retained the United Kingdom (“UK”) defined benefit pension plan. The components of net periodic pension benefit for the Company’s UK pension plan are as follows:

 

 

 

Second Quarter

 

 

First Half

 

(In millions)

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Service cost

 

$

 

 

$

 

 

$

 

 

$

 

Interest cost

 

 

1

 

 

 

1

 

 

 

3

 

 

 

3

 

Expected return on plan assets

 

 

(2

)

 

 

(3

)

 

 

(4

)

 

 

(6

)

Net periodic pension benefit

 

$

(1

)

 

$

(2

)

 

$

(1

)

 

$

(3

)