XML 26 R15.htm IDEA: XBRL DOCUMENT v3.19.2
Retirement Plans
6 Months Ended
Jun. 30, 2019
Compensation And Retirement Disclosure [Abstract]  
Retirement Plans

8. Retirement Plans

Components of net periodic pension cost consisted of the following:

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

 

 

(In millions)

 

Service cost

 

$

11

 

 

$

10

 

 

$

21

 

 

$

24

 

Interest cost (a)

 

 

24

 

 

 

24

 

 

 

48

 

 

 

47

 

Expected return on plan assets (a)

 

 

(45

)

 

 

(49

)

 

 

(90

)

 

 

(98

)

Amortization of unrecognized net actuarial losses (a)

 

 

12

 

 

 

9

 

 

 

23

 

 

 

21

 

Curtailment gains (a)

 

 

 

 

 

 

 

 

 

 

 

(2

)

Pension (income) expense (a)

 

$

2

 

 

$

(6

)

 

$

2

 

 

$

(8

)

(a)

Net non-service pension cost included in Other, net in the Statement of Consolidated Income for the three and six months ended June 30, 2019 was income of $9 million and $19 million, respectively, compared with income of $16 million and $32 million for the three and six months ended June 30, 2018, respectively.

In 2019, we expect to contribute $40 million to our funded pension plans.  Through June 30, 2019, we have contributed $20 million.