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PENSION AND POSTRETIREMENT EMPLOYEE BENEFIT PLANS (Tables)
9 Months Ended
Sep. 30, 2017
Retirement Benefits [Abstract]  
Components of net periodic benefit cost
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

 
$

 
$