Pension, Savings and Other Postretirement Benefit Plans

6 Months Ended

Jun. 30, 2019

Retirement Benefits [Abstract]

PENSION, SAVINGS AND OTHER POSTRETIREMENT BENEFIT PLANS

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.						U.S.
	Three Months Ended						Six Months Ended
	June 30,						June 30,
(In millions)	2019			2018			2019			2018
Service cost	$	1		$	1		$	2		$	2
Interest cost	42			39			86			79
Expected return on plan assets	(55		)	(54		)	(111		)	(109		)
Amortization of net losses	28			28			56			56
Net periodic pension cost	$	16		$	14		$	33		$	28
Net curtailments/settlements/termination benefits	—			3			—			3
Total defined benefit pension cost	$	16		$	17		$	33		$	31

	Non-U.S.						Non-U.S.
	Three Months Ended						Six Months Ended
	June 30,						June 30,
(In millions)	2019			2018			2019			2018
Service cost	$	7		$	7		$	14		$	14
Interest cost	17			17			35			35
Expected return on plan assets	(15		)	(18		)	(30		)	(36		)
Amortization of prior service cost	1			—			1			—
Amortization of net losses	7			8			14			15
Net periodic pension cost	$	17		$	14		$	34		$	28
Net curtailments/settlements/termination benefits	(1		)	—			—			—
Total defined benefit pension cost	$	16		$	14		$	34		$	28

Service cost is recorded in CGS or SAG. Other components of net periodic pension cost are recorded in Other (Income) Expense. Net curtailments, settlements and termination benefits are recorded in Other (Income) Expense or Rationalizations if related to a rationalization plan.

We expect to contribute approximately $25 million to $50 million to our funded non-U.S. pension plans in 2019. For the three and six months ended June 30, 2019, we contributed $7 million and $17 million, respectively, to our non-U.S. plans.

The expense recognized for our contributions to defined contribution savings plans for the three months ended June 30, 2019 and 2018 was $28 million for both periods, and for the six months ended June 30, 2019 and 2018 was $56 million and $57 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 for the three months ended June 30, 2019 and 2018 was $1 million and $3 million, respectively, and for the six months ended June 30, 2019 and 2018 was $3 million and $6 million, respectively.