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Defined Benefit Postretirement Plans (Tables)
6 Months Ended
Jun. 30, 2019
Retirement Benefits [Abstract]  
Schedule of Net Periodic Benefit Cost
The following summarizes the components of net periodic benefit cost:
 
Three Months Ended June 30,
 
Pension Benefits
 
Other Benefits
(In millions)
2019
 
2018
 
2019
 
2018
Service cost
$
5

 
$
5

 
$

 
$

Interest cost
7

 
6

 
1

 
2

Expected return on plan assets
(8
)
 
(8
)
 

 

Amortization:
 

 
 

 
 

 
 

– prior service cost (credit)
(2
)
 
(3
)
 
(4
)
 
(2
)
– actuarial loss
2

 
3

 

 
1

Net settlement loss(a)
2

 
2

 

 

Net periodic benefit cost(b)
$
6

 
$
5

 
$
(3
)
 
$
1


 
Six Months Ended June 30,
 
Pension Benefits
 
Other Benefits
(In millions)
2019
 
2018
 
2019
 
2018
Service cost
$
9

 
$
9

 
$

 
$
1

Interest cost
14

 
13

 
2

 
4

Expected return on plan assets
(16
)
 
(17
)
 

 

Amortization:
 
 
 

 
 

 
 

– prior service credit
(4
)
 
(5
)
 
(8
)
 
(4
)
– actuarial loss
4

 
6

 

 
1

Net settlement loss(a)
2

 
6

 

 

Net periodic benefit cost(b)
$
9


$
12


$
(6
)

$
2


(a) 
Settlements are recognized as they occur, once it is probable that lump sum payments from a plan for a given year will exceed the plan’s total service and interest cost for that year.
(b) 
Net periodic benefit cost reflects a calculated market-related value of plan assets which recognizes changes in fair value over three years.