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Pension Benefit Plans
 3 Months Ended
Mar. 31, 2017
Pension Benefit Plans  
Pension Benefit Plans

6.  Pension Benefit Plans

The components of the net periodic pension cost for the three months ended March 31, 2017 and 2016 are as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S.

 

Non-U.S.

 

 

    

2017

    

2016

    

2017

    

2016

 

Service cost

 

$

 4

 

$

 4

 

$

 4

 

$

 4

 

Interest cost

 

 

20

 

 

24

 

 

11

 

 

13

 

Expected asset return

 

 

(33)

 

 

(38)

 

 

(18)

 

 

(21)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization:

 

 

 

 

 

 

 

 

 

 

 

 

 

Prior service cost

 

 

 

 

 

 

 

 

 

 

 

 

 

Actuarial loss

 

 

14

 

 

15

 

 

 5

 

 

 5

 

Net periodic pension cost

 

$

 5

 

$

 5

 

$

 2

 

$

 1

 

In March 2016, the Company remeasured the liability related to its hourly plan in the U.S. to reflect certain changes in future benefits. The remeasurement resulted in an increase to its pension liability of approximately $60 million and has been reflected in other comprehensive income.