Pension and Other Postretirement Benefits

6 Months Ended

Jun. 30, 2016

Compensation and Retirement Disclosure [Abstract]

Pension and Other Postretirement Benefits

The components of net periodic pension and other postretirement benefits costs for the three and six months ended June 30, 2016 and 2015 were as follows:



	Three Months Ended						Six Months Ended
	June 30						June 30
Pension benefits – U.S. plans	2016			2015			2016			2015
Service cost	$	3		$	4		$	7		$	9
Interest cost	12			15			25			31
Expected return on plan assets	(22		)	(25		)	(45		)	(50		)
Recognized net loss	13			13			25			25
Net periodic cost	$	6		$	7		$	12		$	15



	Three Months Ended						Six Months Ended
	June 30						June 30
Pension benefits – Non-U.S. plans	2016			2015			2016			2015
Service cost	$	5		$	7		$	11		$	12
Interest cost	27			30			53			60
Expected return on plan assets	(41		)	(43		)	(82		)	(85		)
Recognized prior service credit	(3		)	(4		)	(6		)	(7		)
Recognized net loss	13			14			26			27
Net periodic cost	$	1		$	4		$	2		$	7



	Three Months Ended						Six Months Ended
	June 30						June 30
Other postretirement benefits	2016			2015			2016			2015
Service cost	$	—		$	—		$	—		$	—
Interest cost	1			2			2			4
Recognized prior service credit	(10		)	(9		)	(20		)	(17		)
Recognized net loss	1			2			2			3
Net periodic benefit	$	(8	)	$	(5	)	$	(16	)	$	(10	)

During the six months ended June 30, 2016, the Company also recorded a pension settlement charge of $3 which is included in restructuring and other in the Consolidated Statement of Operations.