Pension Plans, Postretirement and Other Employee Benefits

9 Months Ended

Sep. 30, 2019

Retirement Benefits [Abstract]

Pension Plans, Postretirement and Other Employee Benefits

11. Pension Plans, Postretirement and Other Employee Benefits

The Company sponsors several defined benefit pension plans ("Pension Benefits") and health care and life insurance benefits ("Other Postretirement Benefits", or "OPEB") for certain employees and retirees around the world.

Components of net periodic benefit cost (credit) for the three months ended September 30, 2019 and 2018 are as follows:

	Three Months Ended September 30
	Pension												Other Postretirement Benefits
	2019						2018
	US			Non-U.S.			US			Non-U.S.			2019			2018
Service cost	$	1		$	6		$	1		$	3		$	—		$	—
Interest cost	13			6			3			3			3			2
Expected return on plan assets	(17		)	(5		)	(4		)	(5		)	—			—
Net amortization:
Actuarial loss	1			1			1			2			1			2
Prior service cost (credit)	—			1			—			—			(2		)	—
Net pension and postretirement costs (credits)	$	(2	)	$	9		$	1		$	3		$	2		$	4

Components of net periodic benefit cost (credit) for the nine months ended September 30, 2019 and 2018 are as follows:

	Nine Months Ended September 30
	Pension												Other Postretirement Benefits
	2019						2018
	US			Non-U.S.			US			Non-U.S.			2019			2018
Service cost	$	2		$	18		$	1		$	8		$	—		$	—
Interest cost	40			18			8			9			10			5
Expected return on plan assets	(51		)	(14		)	(11		)	(15		)	—			—
Net amortization:
Actuarial loss	3			4			3			6			3			6
Prior service cost (credit)	—			1			—			—			(6		)	(1		)
Net pension and postretirement costs (credits)	$	(6	)	$	27		$	1		$	8		$	7		$	10