Pension Benefit Plans

6 Months Ended

Jun. 30, 2023

Pension Benefit Plans

Pension Benefit Plans

7. Pension Benefit Plans

The components of the net periodic pension cost for the three months ended June 30, 2023 and 2022 are as follows:

	U.S.				Non-U.S.
	Three months ended June 30,				Three months ended June 30,
	2023		2022		2023		2022
Service cost	$	2	$	3	$	2	$	2
Interest cost		11		8		9		6
Expected asset return		(14)		(15)		(7)		(8)
Amortization of actuarial loss		2		10		2		2
Net periodic pension cost	$	1	$	6	$	6	$	2

The components of the net periodic pension cost for the six months ended June 30, 2023 and 2022 are as follows:

	U.S.				Non-U.S.
	Six months ended June 30,				Six months ended June 30,
	2023		2022		2023		2022
Service cost	$	3	$	6	$	4	$	5
Interest cost		23		17		18		11
Expected asset return		(28)		(30)		(14)		(17)
Amortization of actuarial loss		4		20		4		4
Net periodic pension cost	$	2	$	13	$	12	$	3

The components of pension expense, other than the service cost component, are included in Other income (expense), net on the Condensed Consolidated Results of Operations.