XML 28 R18.htm IDEA: XBRL DOCUMENT v3.7.0.1
Pensions, Other Post-employment Benefits and Employee Benefit Plans
6 Months Ended
Jun. 30, 2017
Retirement Benefits [Abstract]  
Pensions, Other Post-employment Benefits and Employee Benefit Plans
Pension, Other Post-Retirement Benefits and Employee Benefit Plans.
Federal-Mogul, ARI and Viskase each sponsor several defined benefit pension plans (the ''Pension Benefits'') (and, in the case of Viskase, its pension plans include defined contribution plans). Additionally, Federal-Mogul and Viskase each sponsor health care and life insurance benefits (''Other Post-Retirement Benefits'') for certain employees and retirees around the world.
Components of net periodic benefit cost for the three and six months ended June 30, 2017 and 2016 are as follows:
 
Pension Benefits
 
Other Post-Retirement Benefits
 
Three Months Ended
June 30,
 
Three Months Ended
June 30,
 
2017
 
2016
 
2017
 
2016
 
(in millions)
Service cost
$
5

 
$
4

 
$

 
$

Interest cost
15

 
17

 
2

 
3

Expected return on plan assets
(14
)
 
(15
)
 

 

Amortization of actuarial losses
5

 
6

 

 

Amortization of prior service credit

 

 

 
(1
)
 
$
11

 
$
12

 
$
2

 
$
2

 
Pension Benefits
 
Other Post-Retirement Benefits
 
Six Months Ended
June 30,
 
Six Months Ended
June 30,
 
2017
 
2016
 
2017
 
2016
 
(in millions)
Service cost
$
9

 
$
8

 
$

 
$

Interest cost
31

 
34

 
5

 
6

Expected return on plan assets
(28
)
 
(29
)
 

 

Amortization of actuarial losses
11

 
11

 

 
1

Amortization of prior service credit

 

 
(1
)
 
(2
)
 
$
23

 
$
24

 
$
4

 
$
5