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PENSION AND POST-RETIREMENT BENEFIT PLANS (Tables)
 3 Months Ended
Sep. 30, 2017
PENSION AND POST-RETIREMENT BENEFIT PLANS  
Schedule of components of net periodic benefit cost for pension and other post-retirement benefit plans

 

The components of net periodic benefit cost for the three months ended September 30, 2017 and 2016 consisted of the following:

 

 

 

 

 

 

 

 

 

 

 

Other than

 

 

 

Pension Plans

 

Pension Plans

 

 

 

U.S.

 

International

 

Post-retirement

 

(In millions)

 

2017

 

2016

 

2017

 

2016

 

2017

 

2016

 

Service cost

 

$
9

 

$
9

 

$
7

 

$
7

 

$
1

 

$
1

 

Interest cost

 
8

 
8

 
3

 
3

 
2

 
2

 

Expected return on plan assets

 
(13

)
(13

)
(3

)
(4

)
(1

)
(1

)

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

 

Prior service cost

 

—

 
1

 

—

 

—

 

—

 

—

 

Actuarial loss

 
4

 
4

 
1

 
3

 

—

 

—

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net periodic benefit cost

 

$
8

 

$
9

 

$
8

 

$
9

 

$
2

 

$
2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of amounts recognized in the consolidated balance sheets related to the entity's pension and post-retirement benefit plans

 

 

September 30

 

June 30

 

(In millions)

 

2017

 

2017

 

Other assets

 

$
100

 

$
100

 

Other accrued liabilities

 
(28

)
(28

)

Other noncurrent liabilities

 
(404

)
(397

)

 

 

 

 

 

 

Funded status

 
(332

)
(325

)

Accumulated other comprehensive loss

 
321

 
325

 

 

 

 

 

 

 

Net amount recognized

 

$
(11

)

$

—