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Nature of Operations and Basis of Presentation (Tables)
3 Months Ended
Mar. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Components of Other Income, Net
The components of other expense (income), net for the three months ended March 31 are as follows: 
(in millions)
2019
 
2018
Other components of net periodic benefit cost 1
$
103

 
$
(8
)
Net loss from investments

 
4

Other expense (income), net
$
103

 
$
(4
)


1 The Company purchased a group annuity contract under which an insurance company assumed a portion of the Company's obligation to pay pension benefits to the plan's beneficiaries. The purchase of this group annuity contract was funded by pension plan assets. The non-cash pre-tax settlement charge reflects the accelerated recognition of a portion of unamortized actuarial losses in the plan.