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PENSION AND POSTRETIREMENT EMPLOYEE BENEFIT PLANS
9 Months Ended
Sep. 30, 2017
Retirement Benefits [Abstract]  
PENSION AND POSTRETIREMENT EMPLOYEE BENEFIT PLANS
PENSION AND POSTRETIREMENT EMPLOYEE BENEFIT PLANS
The Company sponsors defined benefit plans and a participatory defined benefit postretirement medical and life insurance plan, which covers certain U.S. employees and employees in certain other countries. The following table provides the components of net periodic (benefit) cost for the Company’s defined benefit pension plans and postretirement benefit plan for the three and nine months ended September 30, 2017 and 2016:
 
 
Pension Benefit Plans
 
Postretirement
Benefit
Plan
 
U.S. Plan
 
Non-U.S. Plans
 
 
 
Three Months Ended September 30,
(in millions)
 
2017
 
2016
 
2017
 
2016
 
2017
 
2016
Service cost
 
$
1

 
$
1

 
$
1

 
$
1

 
$

 
$
1

Interest cost
 
2

 
2

 
1

 
1

 
1

 

Expected return on plan assets
 
(4
)
 
(3
)
 
(2
)
 
(2
)
 

 

Amortization of prior service credit
 

 

 

 

 

 
(1
)
Amortization of net loss
 

 

 

 

 

 

Net periodic (benefit) cost
 
$
(1
)
 
$

 
$

 
$

 
$
1

 
$

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Pension Benefit Plans
 
Postretirement
Benefit
Plan
 
U.S. Plan
 
Non-U.S. Plans
 
 
 
Nine Months Ended September 30,
(in millions)
 
2017
 
2016
 
2017
 
2016
 
2017
 
2016
Service cost
 
$
2

 
$
2

 
$
2

 
$
2

 
$

 
$
1

Interest cost
 
6

 
6

 
3

 
4

 
2

 
1

Expected return on plan assets
 
(10
)
 
(10
)
 
(4
)
 
(5
)
 

 

Amortization of prior service credit
 

 

 
(1
)
 

 
(2
)
 
(2
)
Amortization of net loss
 

 

 
1

 

 

 

Net periodic (benefit) cost
 
$
(2
)
 
$
(2
)
 
$
1

 
$
1

 
$

 
$

During the nine months ended September 30, 2017, the Company contributed $5 million, $5 million, and $2 million to the U.S. pension benefit plans, the non-U.S. pension benefit plans, and the postretirement benefit plan, respectively. The Company expects to contribute $5 million, $6 million, and $6 million in 2017 to the U.S. pension benefit plans, the non-U.S. pension benefit plans, and the postretirement benefit plan, respectively, inclusive of amounts contributed during the nine months ended September 30, 2017.