RETIREMENT AND POSTRETIREMENT BENEFIT PLANS

9 Months Ended

Sep. 30, 2017

RETIREMENT AND POSTRETIREMENT BENEFIT PLANS

RETIREMENT AND POSTRETIREMENT BENEFIT PLANS

NOTE 10      RETIREMENT AND POSTRETIREMENT BENEFIT PLANS

The following table sets forth the components of the net periodic benefit costs for our defined benefit pension and postretirement benefit plans:

	Three months ended September 30,
	2017				2016
	Pension Benefit		Postretirement Benefit		Pension Benefit		Postretirement Benefit
	(in millions)
Service cost	$	—	$	1	$	—	$	1
Interest cost	1		1		1		1
Expected return on plan assets	(1)		—		(1)		—
Recognized actuarial loss	—		—		1		—
Settlement loss	1		—		1		—
Total	$	1	$	2	$	2	$	2

	Nine months ended September 30,
	2017				2016
	Pension Benefit		Postretirement Benefit		Pension Benefit		Postretirement Benefit
	(in millions)
Service cost	$	1	$	3	$	1	$	3
Interest cost	2		3		2		3
Expected return on plan assets	(2)		—		(2)		—
Recognized actuarial loss	1		—		1		—
Settlement loss	4		—		6		—
Total	$	6	$	6	$	8	$	6

During each quarter ended September 30, 2017 and 2016, we contributed $1 million to our defined benefit pension plans.  During the nine months ended September 30, 2017 and 2016, we contributed $6 million and $7 million, respectively, to our defined benefit pension plans.  We expect to satisfy minimum funding requirements with contributions of $1 million to our defined benefit pension plans during the remainder of 2017.  The 2017 and 2016 settlements were associated with early retirements.