PENSION AND POSTRETIREMENT EMPLOYEE BENEFIT PLANS

9 Months Ended

Sep. 30, 2022

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 nine months ended September 30, 2022 and 2021 consists of:

	Pension Benefit Plans								Postretirement Benefit Plan
	U.S. Plan				Non-U.S. Plans
(in millions)	2022		2021		2022		2021		2022		2021
Service cost	$	1	$	—	$	3	$	3	$	—	$	—
Interest cost	3		3		3		3		1		—
Expected return on plan assets	(7)		(8)		(4)		(4)		—		—
Amortization of prior service credit and other	—		—		(1)		(1)		(2)		(2)
Amortization of net loss	—		—		1		1		—		—
Net periodic (benefit) cost	$	(3)	$	(5)	$	2	$	2	$	(1)	$	(2)