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EMPLOYEE BENEFIT PLANS
 6 Months Ended
Jun. 30, 2020
Retirement Benefits [Abstract]  
EMPLOYEE BENEFIT PLANS EMPLOYEE BENEFIT PLANS
Pension Plans. The Company sponsors both funded and unfunded domestic and international defined benefit pension and other post-retirement benefit plans, and defined contribution plans. Additionally, the Company contributes to various domestic and international multi-employer defined benefit pension and other post-retirement benefit plans.
Contributions to the plans were as follows:
For the Three Months Ended June 30,For the Six Months Ended June 30,
(dollars in millions)2020201920202019
Defined benefit plans$2  $5  $27  $27  
Defined contribution plans$25  $24  $55  $49  
Multi-employer pension plans$5  $5  $10  $10  

The following table illustrates the components of net periodic pension benefits for our defined benefit pension and post-retirement benefit plans:
For the Three Months Ended June 30,For the Six Months Ended June 30,
(dollars in millions)2020201920202019
Service cost$7  $8  $15  $16  
Interest cost13  16  26  33  
Expected return on plan assets(34) (39) (69) (78) 
Amortization of prior service credit—  —  1  1  
Recognized actuarial net loss5  3  10  5  
Net settlement, curtailment and special termination benefit loss—  1  1  1  
Net periodic pension benefit $(9) $(11) $(16) $(22) 

UTC Sponsored Defined Benefit Plans. Defined benefit pension and post-retirement benefit plans sponsored by UTC have been accounted for as multi-employer plans in the Unaudited Condensed Consolidated Financial Statements, in accordance with ASC Topic 715-30: Defined Benefit Plans – Pension and ASC Topic 715-60: Defined Benefit Plans – Other Post-retirement. ASC Topic 715: Compensation-Retirement Benefits, which provides that an employer that participates in a multi-employer defined benefit plan is not required to report a liability beyond the contributions currently due and unpaid to the
plan. Therefore, no assets or liabilities related to these plans have been included in the Unaudited Condensed Consolidated Balance Sheet.

The expenses associated with these UTC plans were allocated to the Company and reported in Cost of products sold, Cost of services sold, Selling, general and administrative and Non-service pension benefit on the accompanying Unaudited Condensed Consolidated Statement of Operations. The Company's participation in these defined benefit pension and post-retirement benefits plans sponsored by UTC has concluded in conjunction with the Separation. The pension and post-retirement expenses were as follows:
For the Three Months Ended June 30,For the Six Months Ended June 30,
(dollars in millions)2020201920202019
Service cost$—  $5  $—  $9  
Non-service pension benefit—  (19) (2) (39) 
Total net periodic benefit $—  $(14) $(2) $(30)