Employee benefit plans

3 Months Ended

Mar. 31, 2019

Employee benefit plans

Employee benefit plans

14.EMPLOYEE BENEFIT PLANS

The following table summarizes the components of net periodic benefit (credits) costs for the Company’s pension plans:

	Three Months Ended March 31,
	Pension
	2019		2018
Service cost	$	1	$	2
Interest cost		6		—
Expected return on plan assets		(6)		—
Expenses paid		—		—
Net periodic benefit (credit) cost	$	1	$	2

Contributions. The funding policy for the Company’s pension plans is to contribute at least the minimum required by applicable laws and regulations or to directly make benefit payments where appropriate. At March 31, 2019, all legal funding requirements had been met. The Company expects to contribute approximately $14 million to its pension plans for the year ending December 31, 2019.