Employee Retirement Plans

6 Months Ended

Jun. 30, 2021

Retirement Benefits [Abstract]

Employee Retirement Plans

EMPLOYEE RETIREMENT PLANS

Net periodic pension cost for our defined-benefit pension plans, with the exception of service cost, is recorded in other, net, in our condensed consolidated statements of operations. Net periodic pension cost for our defined-benefit pension plans was as follows, in millions: 

	Three Months Ended June 30,
	2021				2020
	Qualified		Non-Qualified		Qualified		Non-Qualified
Service cost	$	1	$	—	$	—	$	—
Interest cost	5		—		7		1
Expected return on plan assets	(3)		—		(5)		—
Settlement loss	406		—		—		—
Amortization of net loss	5		1		5		1
Net periodic pension cost	$	414	$	1	$	7	$	2

	Six Months Ended June 30,
	2021				2020
	Qualified		Non-Qualified		Qualified		Non-Qualified
Service cost	$	2	$	—	$	1	$	—
Interest cost	13		1		13		2
Expected return on plan assets	(7)		—		(11)		—
Settlement loss	406		—		—		—
Amortization of net loss	11		2		11		2
Net periodic pension cost	$	425	$	3	$	14	$	4

As of January 1, 2010, substantially all of our domestic and foreign qualified and domestic non-qualified defined-benefit pension plans were frozen to future benefit accruals. In December 2019, our Board of Directors approved the termination of our qualified domestic defined-benefit pension plans. In the second quarter of 2021, we settled these plans and made a final contribution of $101 million. The settlement loss included $447 million of pre-tax actuarial losses that were reclassified out of accumulated other comprehensive income (loss) during both the three and six months ended June 30, 2021.