Pension and Other Postretirement Benefits (Tables)

9 Months Ended

Sep. 30, 2021

Retirement Benefits [Abstract]

Schedule of Components of Net Periodic Benefit Cost Classified as Direct Plans

The components of net periodic benefit cost for defined benefit plans were as follows:

	Third quarter ended September 30,				Nine months ended September 30,
	2021		2020		2021		2020
Pension benefits
Service cost	$	5	$	6	$	16	$	16
Interest cost	15		27		48		81
Expected return on plan assets	(24)		(42)		(84)		(127)
Recognized net actuarial loss	19		31		75		92
Amortization of prior service cost (benefit)	—		—		—		(1)
Settlements(1)	5		3		573		58
Net periodic benefit cost(2)	$	20	$	25	$	628	$	119
Other postretirement benefits
Service cost	$	2	$	1	$	5	$	3
Interest cost	3		2		8		10
Recognized net actuarial loss	2		3		7		6
Amortization of prior service benefit	(2)		(1)		(5)		(2)
Net periodic benefit cost(2)	$	5	$	5	$	15	$	17

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(1)    In 2021, Settlements were due to the purchase of a group annuity contract ($549 in the 2021 nine-month period – see U.S. Pension Plan Annuitization below) and the payment of lump-sum benefits ($5 and $24 in the 2021 third quarter and nine-month period, respectively).

(2)    Service cost was included within Cost of goods sold, Settlements were included within Restructuring and other charges, and all other components were included in Other expenses, net on the accompanying Statement of Consolidated Operations.