Retirement Benefits

9 Months Ended

Sep. 30, 2020

Defined Benefit Plan [Abstract]

Retirement Benefits

Retirement Benefits

The components of net periodic benefit credit included in our consolidated statements of income for the three months ended September 30, 2020 and 2019 are as follows:

	Pension Benefits				Other Benefits
	Three Months Ended   September 30				Three Months Ended   September 30
	2020		2019		2020		2019
Service cost	$	—	$	—	$	—	$	1
Interest cost	12		15		3		3
Expected return on assets	(35)		(35)		(6)		(6)
Recognized actuarial loss	6		5		—		1
Settlement loss	6		4		—		—
Amortization of prior service credit	—		—		(2)		(3)
Net periodic benefit credit	$	(11)	$	(11)	$	(5)	$	(4)

The components of net periodic benefit credit included in our consolidated statements of income for the nine months ended September 30, 2020 and 2019 are as follows:

	Pension Benefits				Other Benefits
	Nine Months Ended   September 30				Nine Months Ended   September 30
	2020		2019		2020		2019
Service cost	$	—	$	—	$	—	$	1
Interest cost	37		47		8		11
Expected return on assets	(104)		(104)		(18)		(17)
Recognized actuarial loss	18		13		—		2
Settlement loss	21		8		—		—
Amortization of prior service credit	—		—		(6)		(9)
Net periodic benefit credit	$	(28)	$	(36)	$	(16)	$	(12)

For the year ending December 31, 2020, no material contributions are expected to be necessary to meet the Employee Retirement Income Security Act of 1974, as amended, or ERISA, required funding levels; however, we may elect to make discretionary contributions up to the maximum amount deductible for income tax purposes. Contributions of $3 and $0 were made to our retirement benefit plans during the nine months ended September 30, 2020 and 2019.