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Pension and Other Benefits
6 Months Ended
Jun. 30, 2020
Retirement Benefits [Abstract]  
Pensions and Other Benefits Pension and other benefits

In the three months ended June 30, 2020, the Company made contributions of $6 million (three months ended June 30, 2019 - $12 million) to its defined benefit pension plans. In the six months ended June 30, 2020, the Company made contributions of $15 million (six months ended June 30, 2019 - $23 million) to its defined benefit pension plans.

Net periodic benefit costs for defined benefit pension plans and other benefits included the following components:
 
For the three months ended June 30
 
Pensions
Other benefits
(in millions of Canadian dollars)
2020
2019
2020
2019
Current service cost (benefits earned by employees)
$
35

$
27

$
3

$
3

Other components of net periodic benefit (recovery) cost:
 
 
 
 
Interest cost on benefit obligation
101

113

4

5

Expected return on fund assets
(236
)
(237
)


Recognized net actuarial loss
44

20

1


Amortization of prior service costs



1

Total other components of net periodic benefit (recovery) cost
(91
)
(104
)
5

6

Net periodic benefit (recovery) cost
$
(56
)
$
(77
)
$
8

$
9

 
 
 
 
 
 
For the six months ended June 30
 
Pensions
Other benefits
(in millions of Canadian dollars)
2020
2019
2020
2019
Current service cost (benefits earned by employees)
$
70

$
54

$
6

$
6

Other components of net periodic benefit (recovery) cost:
 
 
 
 
Interest cost on benefit obligation
203

225

9

10

Expected return on fund assets
(473
)
(474
)


Recognized net actuarial loss
88

41

2

2

Amortization of prior service costs



1

Total other components of net periodic benefit (recovery) cost
(182
)
(208
)
11

13

Net periodic benefit (recovery) cost
$
(112
)
$
(154
)
$
17

$
19