Pension, Savings and Other Postretirement Benefit Plans

3 Months Ended

Mar. 31, 2018

PENSION, SAVINGS AND OTHER POSTRETIREMENT BENEFIT PLANS

We provide employees with defined benefit pension or defined contribution savings plans.

Defined benefit pension cost follows:



	U.S.
	Three Months Ended
	March 31,
(In millions)	2018			2017
Service cost	$	1		$	1
Interest cost	40			40
Expected return on plan assets	(55		)	(60		)
Amortization of net losses	28			28
Net periodic pension cost	$	14		$	9



	Non-U.S.
	Three Months Ended
	March 31,
(In millions)	2018			2017
Service cost	$	7		$	7
Interest cost	18			17
Expected return on plan assets	(18		)	(19		)
Amortization of net losses	7			8
Net periodic pension cost	$	14		$	13

Service cost is recorded in CGS or SAG. Other components of net periodic pension cost are recorded in Other (Income) Expense. Net curtailments and settlements are recorded in Other (Income) Expense or Rationalizations.

We expect to contribute approximately $25 million to $50 million to our funded non-U.S. pension plans in 2018. For the three months ended March 31, 2018 we contributed $11 million to our non-U.S. plans.

The expense recognized for our contributions to defined contribution savings plans for the three months ended March 31, 2018 and 2017 was $29 million and $30 million, respectively.

We also provide certain U.S. employees and employees at certain non-U.S. subsidiaries with health care benefits or life insurance benefits upon retirement. Other postretirement benefits expense (credit) for the three months ended March 31, 2018 and 2017 was $3 million and $(2) million, respectively.