Pension and Other Postretirement Benefits (Tables)

6 Months Ended

Jun. 30, 2021

Retirement Benefits [Abstract]

Components of Net Periodic Benefit Cost

The components of net periodic benefit cost were as follows:

	Second quarter ended				Six months ended
	June 30,				June 30,
	2021		2020		2021		2020
Pension benefits
Service cost	$	1	$	2	$	2	$	9
Interest cost	12		17		24		64
Expected return on plan assets	(23)		(24)		(46)		(94)
Recognized net actuarial loss	15		12		29		54
Settlements	3		64		6		64
Net periodic benefit cost(1)	8		71		15		97
Discontinued operations	—		—		—		20
Net amount recognized in continuing operations in Statement of Consolidated Operations	$	8	$	71	$	15	$	77
Other postretirement benefits
Service cost	$	1	$	1	$	1	$	2
Interest cost	2		1		3		7
Recognized net actuarial loss	—		—		—		2
Amortization of prior service benefit	(3)		(1)		(4)		(3)
Net periodic benefit cost(1)	—		1		—		8
Discontinued operations	—		—		—		6
Net amount recognized in continuing operations in Statement of Consolidated Operations	$	—	$	1	$	—	$	2

 

(1)Service cost for continuing operations was included within Cost of goods sold, Selling, general administrative, and other expenses, and Research and development expenses; settlements and curtailments were included in Restructuring and other charges; and all other cost components were recorded in Other expense (income), net in the Statement of Consolidated Operations. The amounts included in Net periodic benefit cost include costs related to both continuing and discontinued operations for the six months ended June 30, 2020.