Defined Benefit Postretirement Plans (Tables)

9 Months Ended

Sep. 30, 2019

Retirement Benefits [Abstract]

Changes in Projected Benefit Obligations, Fair Value of Plan Assets, and Funded Status of Plan [Table Text Block]

^(a) 

Refer to Note 5 for further information on the sale of our U.K. business.

Schedule of Net Periodic Benefit Cost

The following summarizes the components of net periodic benefit cost:

	Three Months Ended September 30,
	Pension Benefits						Other Benefits
(In millions)	2019			2018			2019			2018
Service cost	$	5		$	4		$	—		$	—
Interest cost	3			7			1			2
Expected return on plan assets	(3		)	(9		)	—			—
Amortization:
– prior service cost (credit)	(1		)	(2		)	(5		)	(2		)
– actuarial loss	2			3			1			—
Net settlement loss(a)	—			10			—			—
Net periodic benefit cost(b)	$	6		$	13		$	(3	)	$	—

	Nine Months Ended September 30,
	Pension Benefits						Other Benefits
(In millions)	2019			2018			2019			2018
Service cost	$	14		$	13		$	—		$	1
Interest cost	17			20			3			6
Expected return on plan assets	(19		)	(26		)	—			—
Amortization:
– prior service credit	(5		)	(7		)	(14		)	(6		)
– actuarial loss	6			9			1			1
Net settlement loss(a)	2			16			—			—
Net periodic benefit cost(b)	$	15		$	25		$	(10	)	$	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.