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Employee benefit plans (Tables)
12 Months Ended
Dec. 31, 2019
Employee benefit plans  
Summary of changes in the benefit obligations, the plan assets and funded status

Pension

Other Postretirement

2019

2018

2019

2018

Change in benefit obligation:

Benefit obligation at beginning of year

$

519

$

568

$

13

$

16

Service cost

2

2

Interest cost

21

19

1

1

Actuarial losses (gains)

71

(37)

(2)

Benefits paid

(30)

(33)

(2)

Benefit obligation at end of year

$

583

$

519

$

14

$

13

Change in fair value of plan assets:

Fair value of plan assets at beginning of year

$

352

$

391

$

$

Actuarial return (loss) on plan assets

70

(19)

Employer contributions

12

13

2

Benefits paid

(28)

(31)

(2)

Expenses paid

(2)

(2)

Fair value of plan assets at end of year

404

352

Unfunded status at end of year

$

(179)

$

(167)

$

(14)

$

(13)

Assets and (liabilities) recognized in the Consolidated Balance Sheets:

Accrued compensation and benefits

$

(1)

$

(1)

$

(1)

$

(1)

Pension and other postretirement benefits

(178)

(166)

(13)

(12)

$

(179)

$

(167)

$

(14)

$

(13)

Summary of the accumulated other comprehensive income

Pension

Other Postretirement

    

2019

    

2018

    

2019

    

2018

Net (loss) gain

$

(70)

$

(45)

$

10

$

12

Schedule of weighted average assumptions used to determine the benefit obligations

Pension

Other Postretirement

2019

2018

2019

 

2018

Discount rate

3.0

%

4.1

%

3.0

%

4.1

%

Summary of the components of net periodic benefit (credits) cost

Pension

Other Postretirement

2019

2018

2017

2019

2018

2017

Interest cost

$

21

$

19

$

21

$

1

$

1

$

2

Expected return on plan assets

(24)

(27)

(24)

Amortization of prior service credit

(2)

Amortization of net gain

(1)

(1)

(1)

Curtailment gain 1

(26)

Expenses paid

2

2

2

Net periodic benefit cost

$

(1)

$

(6)

$

(1)

$

$

$

(27)

Summary of other changes in plan assets and benefit obligations recognized in other comprehensive income

Pension

Other Postretirement

    

2019

    

2018

    

2017

2019

    

2018

    

2017

Net loss (gain)

$

25

$

9

$

5

$

$

(2)

$

(1)

Amortization of prior service credit

 

 

 

 

2

Amortization of net gain

1

1

1

Curtailment loss

1

Total recognized in other comprehensive loss (income)

$

25

$

9

$

5

$

1

$

(1)

$

3

Total recognized in net periodic benefit cost (credit) and other comprehensive loss (income)

$

24

$

3

$

4

$

1

$

(1)

$

(24)

Schedule of weighted average assumptions used to determine the net periodic benefit cost

Pension

Other Postretirement

2019

2018

2017

2019

2018

2017

Discount rate

4.1

%

3.4

%

3.9

%

4.1

%

3.4

%

3.9

%

Expected long-term return on plan assets

7.0

%

7.0

%

7.0

%

N/A

N/A

N/A

%

Schedule of pension plan asset allocation

Asset Allocation

Target

Actual

Cash and cash equivalents

0

%

1

%

U.S. equity securities

26

%

 

26

%

Global equity securities

36

%

 

35

%

Fixed income

34

%

 

34

%

Other

4

%

 

4

%

100

%

Schedule of fair value of pension plan assets by asset category segregated by level within the fair value hierarchy

December 31, 2019

December 31, 2018

Asset Category

Level 1

Level 2

Level 3

Total

 

Level 1

Level 2

Level 3

Total

Cash and cash equivalents

$

5

$

$

 

$

5

$

2

$

$

$

2

Global equity securities

1

1

1

1

Commingled Funds 1

398

349

Total assets at fair value

$

5

$

$

1

$

404

$

2

$

$

1

$

352

1

Investments that are measured at fair value using the net asset value per share (or its equivalent) as a practical expedient are not required to be classified in the fair value hierarchy table. The total fair value of these amounts are presented in this table to permit reconciliation of the fair value hierarchy to the amounts presented for total defined benefit pension plan assets

Schedule of expected benefit payments to be paid

2020

2021

2022

2023

2024

2025 through 2029

Pension

$

31

$

31

$

31

$

32

$

32

$

159

Other Postretirement

1

1

1

1

1

5

$

32

$

32

$

32

$

33

$

33

$

164