Employee Benefit Plans

6 Months Ended

Jun. 30, 2020

Retirement Benefits [Abstract]

Employee Benefit Plans

8. EMPLOYEE BENEFIT PLANS

Components of net periodic benefit cost (income) of the pension plans for the three months ended June 30 were as follows:

In millions	U.S. Pension Benefits				International Pension Benefits				Total Pension Benefits
	2020		2019		2020		2019		2020		2019
Net service cost	$	—	$	—	$	2	$	1	$	2	$	1
Interest cost	13		17		2		5		15		22
Expected return on plan assets	(9)		(12)		(6)		(7)		(15)		(19)
Net periodic benefit cost (income)	$	4	$	5	$	(2)	$	(1)	$	2	$	4

Components of net periodic benefit cost (income) of the pension plans for the six months ended June 30 were as follows:

In millions	U.S. Pension Benefits				International Pension Benefits				Total Pension Benefits
	2020		2019		2020		2019		2020		2019
Net service cost	$	—	$	—	$	3	$	3	$	3	$	3
Interest cost	26		$	33	6		$	10	32		$	43
Expected return on plan assets	(18)		$	(22)	(13)		$	(15)	(31)		$	(37)
Net periodic benefit cost (income)	$	8	$	11	$	(4)	$	(2)	$	4	$	9

The benefit from the postretirement plan for the following periods were:

In millions	Three months ended June 30				Six months ended June 30
	2020		2019		2020		2019
Interest cost	$	—	$	—	$	—	$	—
Amortization of:
Prior service benefit	—		(1)		(1)		$	(2)
Net postretirement benefit	$	—	$	(1)	$	(1)	$	(2)

The net cost of the postemployment plan for the following periods were:

	Three months ended June 30				Six months ended June 30
In millions	2020		2019		2020		2019
Net service cost	$	7	$	5	$	13	$	19
Interest cost	1		1		1		2
Amortization of:
Prior service benefit	(1)		(1)		(1)		(2)
Actuarial gain	(1)		—		(2)		(1)
Net benefit cost	$	6	$	5	$	11	$	18

Employer Contributions

Pension For the three and six months ended June 30, 2020, NCR contributed $4 million and $9 million, respectively, to its international pension plans. NCR anticipates contributing an additional $12 million to its international pension plans for a total of $21 million in 2020.

Postretirement For the three and six months ended June 30, 2020, NCR made $1 million of contributions to its U.S. postretirement plan. NCR anticipates contributing an additional $1 million to its U.S. postretirement plan for a total of $2 million in 2020.

Postemployment For the three and six months ended June 30, 2020, NCR contributed $3 million and $7 million, respectively, to its postemployment plan. NCR anticipates contributing an additional $23 million to its postemployment plan for a total of $30 million in 2020.