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Pension and Other Postretirement Benefits (Tables)
6 Months Ended
Jun. 30, 2022
Compensation And Retirement Disclosure [Abstract]  
Components of Net Periodic Benefit Cost

The components of net periodic benefit cost were as follows:

 

 

Second quarter ended

June 30,

 

 

Six months ended

June 30,

 

Pension benefits

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Service cost

 

$

4

 

 

$

5

 

 

$

7

 

 

$

10

 

Interest cost(1)

 

 

27

 

 

 

29

 

 

 

54

 

 

 

58

 

Expected return on plan assets(1)

 

 

(44

)

 

 

(73

)

 

 

(88

)

 

 

(146

)

Recognized net actuarial loss(1)

 

 

27

 

 

 

50

 

 

 

55

 

 

 

101

 

Settlements(2)

 

 

 

 

 

39

 

 

 

 

 

 

39

 

Net periodic benefit cost

 

$

14

 

 

$

50

 

 

$

28

 

 

$

62

 

 

 

 

Second quarter ended

June 30,

 

 

Six months ended

June 30,

 

Other postretirement benefits

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Service cost

 

$

1

 

 

$

1

 

 

$

2

 

 

$

3

 

Interest cost(1)

 

 

4

 

 

 

4

 

 

 

8

 

 

 

8

 

Recognized net actuarial loss(1)

 

 

5

 

 

 

5

 

 

 

9

 

 

 

11

 

Amortization of prior service benefit(1)

 

 

(4

)

 

 

(4

)

 

 

(7

)

 

 

(8

)

Settlements(2)

 

 

 

 

 

 

 

 

 

 

 

26

 

Curtailments(2)

 

 

 

 

 

 

 

 

 

 

 

(17

)

Net periodic benefit cost

 

$

6

 

 

$

6

 

 

$

12

 

 

$

23

 

 

(1)

These amounts were reported in Other income, net on the accompanying Statement of Consolidated Operations (see Note Q).

(2)

These amounts were reported in Restructuring and other charges, net on the accompanying Statements of Consolidated Operations (see Note D) and Cash Flows.