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Pension Plans, Postretirement and Other Employee Benefits (Tables)
3 Months Ended
Mar. 31, 2017
Compensation and Retirement Disclosure [Abstract]  
Components of Net Periodic Benefit Cost
Net periodic pension costs and postretirement benefit costs consist of the following components:
 
Three Months Ended March 31,
 
Pension
 
Postretirement
 
2017
 
2016
 
2017
 
2016
 
US
 
Foreign
 
US
 
Foreign
 
US
 
US
 
(Millions)
Service cost — benefits earned during the period
$

 
$
2

 
$

 
$
2

 
$

 
$

Interest cost
3

 
3

 
4

 
4

 
1

 
1

Expected return on plan assets
(4
)
 
(4
)
 
(6
)
 
(5
)
 

 

Net amortization:
 
 
 
 
 
 
 
 
 
 
 
Actuarial loss
1

 
2

 
2

 
2

 
1

 
1

Net pension and postretirement costs
$

 
$
3

 
$

 
$
3

 
$
2

 
$
2

Amounts Recognized for Pension and Postretirement Benefits in Other Comprehensive Income
Amounts recognized for pension and postretirement benefits in other comprehensive income for the three months ended March 31, 2017 and 2016 include the following components:
 
Three Months Ended March 31,
 
2017
 
2016
 
Before-Tax
Amount
 
Tax
Benefit
 
Net-of-Tax
Amount
 
Before-
Tax
Amount
 
Tax
Benefit
 
Net-of-Tax
Amount
 
(Millions)
Defined benefit pension and postretirement plans:
 
 
 
 
 
 
 
 
 
 
 
Amortization of actuarial loss included in net periodic pension and postretirement cost
$
4

 
$
(1
)
 
$
3

 
$
5

 
$
(1
)
 
$
4

Settlement Charge
6

 
(2
)
 
4

 

 

 

Other comprehensive income – pension benefits
$
10

 
$
(3
)
 
$
7

 
$
5

 
$
(1
)
 
$
4