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Retirement Plans
9 Months Ended
Sep. 30, 2017
Defined Benefit Plan [Abstract]  
Retirement Plans
RETIREMENT PLANS
The following discloses the net periodic benefit cost (credit) and its components for the Company’s pension and other retirement plans:
(In millions)
Three Months Ended September 30,
 
Nine Months Ended September 30,
2017
 
2016
 
2017
 
2016
 
 
 
 
 
 
 
 
Interest cost
$
2


$
2

 
$
5

 
$
5

Expected return on plan assets
(3
)

(3
)
 
(9
)
 
(9
)
Partial settlement loss
1

 
3

 
2

 
3

Amortization of net actuarial loss
1


1

 
4

 
5

Net periodic benefit cost
$
1

 
$
3

 
$
2

 
$
4


As disclosed in our 2016 Annual Report on Form 10-K, the Company has frozen its participation and benefit accruals for the pension plan and its contributions for individual benefit payments in the postretirement benefit plan.
During the third quarter of 2017, the Company revised its pension plan to offer certain participants a temporary opportunity to make an election to receive an immediate distribution from the pension plan. The window for this opportunity is between August 1, 2017 and November 24, 2017.