PENSION AND POSTRETIREMENT EMPLOYEE BENEFIT PLANS

3 Months Ended

Mar. 31, 2021

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. Net periodic (benefit) cost for the Company’s defined benefit pension plans and postretirement benefit plan for the three months ended March 31, 2021 and 2020 consists of:

	Pension Benefit Plans								Postretirement Benefit Plan
	U.S. Plan				Non-U.S. Plans
(in millions)	2021		2020		2021		2020		2021		2020
Service cost	$	—	$	—	$	1	$	1	$	—	$	—
Interest cost	1		2		1		1		—		—
Expected return on plan assets	(3)		(3)		(1)		(1)		—		—
Amortization of prior service credit and other	—		—		—		(4)		(1)		(1)
Net periodic (benefit) cost	$	(2)	$	(1)	$	1	$	(3)	$	(1)	$	(1)