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Employee Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2021
Retirement Benefits [Abstract]  
Change in Postretirement Benefit Obligation The change in the Company's postretirement benefit obligation is as follows:
 Year Ended December 31,
(In millions)202120202019
Change in Benefit Obligation   
Benefit obligation at beginning of period
$33 $34 $30 
Service cost
Interest cost
Actuarial (gain) loss(2)
Benefits paid(2)(2)(2)
Benefit obligation at end of period
$35 $33 $34 
Change in Plan Assets   
Fair value of plan assets at end of period
— — — 
Funded status at end of period
$(35)$(33)$(34)
Schedule of Amounts Recognized in Balance Sheet Amounts recognized in the balance sheet consist of the following:
 December 31,
(In millions)202120202019
Current liabilities$$$
Non-current liabilities33 31 32 
$35 $33 $34 
Schedule of Amounts Recognized in Accumulated Other Comprehensive Income (Loss)
Amounts recognized in accumulated other comprehensive income (loss) consist of the following:
 December 31,
(In millions)202120202019
Net actuarial (gain) loss$— $— $
Prior service cost(2)(3)(4)
$(2)$(3)$(2)

Components of Net Periodic Benefit Cost and Other Amounts Recognized in Other Comprehensive Income (Loss)
 Year Ended December 31,
(In millions)202120202019
Components of Net Periodic Postretirement Benefit Cost   
Service cost$$$
Interest cost
Amortization of prior service cost(1)(1)(1)
Net periodic postretirement cost$$$
Other Changes in Benefit Obligations Recognized in Other Comprehensive Income (Loss)   
Net (gain) loss$— $(2)$
Amortization of prior service cost
Total recognized in other comprehensive income(1)
Total recognized in net periodic benefit cost (income) and other comprehensive income$$$
Assumptions Used to Determine Projected Postretirement Benefit Obligations and Postretirement Costs
Assumptions used to determine projected postretirement benefit obligations and postretirement costs are as follows:
 December 31,
 202120202019
Discount rate(1)
2.85 %2.65 %3.50 %
Health care cost trend rate for medical benefits assumed for next year (pre-65)6.50 %6.75 %7.00 %
Health care cost trend rate for medical benefits assumed for next year (post-65)4.75 %5.00 %5.25 %
Ultimate trend rate (pre-65)4.50 %4.50 %4.50 %
Ultimate trend rate (post-65)4.50 %4.50 %4.50 %
Year that the rate reaches the ultimate trend rate (pre-65)203020302030
Year that the rate reaches the ultimate trend rate (post-65)202320232023
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(1)Represents the year end rates used to determine the projected benefit obligation. To compute postretirement cost in 2021, 2020 and 2019, respectively, the beginning of year discount rates of 2.65 percent, 3.50 percent and 4.45 percent were used.
Schedule of Estimated Benefit Payments The following estimated benefit payments under the Company's postretirement plans, which reflect expected future service, are expected to be paid as follows:
(In millions) 
2022$
2023
2024
2025
2026
Years 2027 - 2031