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Nature of Operations and Basis of Presentation (Tables)
 6 Months Ended
Jun. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Components of Other Income, Net
The components of other (income) expense, net for the three and six months ended June 30 are as follows: 
(in millions)
Three Months
 
Six Months
 
2019
 
2018
 
2019
 
2018
Other components of net periodic benefit cost 1
$
(7
)
 
$
(8
)
 
$
96

 
$
(16
)
Net loss (gain) from investments
1

 
(3
)
 
1

 
—

Other (income) expense, net
$
(6
)
 
$
(11
)
 
$
97

 
$
(16
)


1    During the first quarter of 2019, 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 of $113 million for the six months ended June 30, 2019 reflects the accelerated recognition of a portion of unamortized actuarial losses in the plan.