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Employee Postretirement Benefits
6 Months Ended
Jun. 30, 2016
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]  
Employee Postretirement Benefits
Employee Postretirement Benefits
The table below presents net periodic benefit cost information for defined benefit plans and other postretirement benefit plans:
 
Pension Benefits
 
Other Benefits
 
Three Months Ended June 30
 
2016
 
2015
 
2016
 
2015
Service cost
$
10

 
$
9

 
$
3

 
$
2

Interest cost
37

 
45

 
9

 
9

Expected return on plan assets
(40
)
 
(55
)
 

 

Recognized net actuarial loss
13

 
19

 
(1
)
 
(1
)
Settlements

 
1,320

 

 

Other
(2
)
 
(2
)
 

 

Net periodic benefit cost
$
18

 
$
1,336

 
$
11

 
$
10


 
Pension Benefits
 
Other Benefits
 
Six Months Ended June 30
 
2016
 
2015
 
2016
 
2015
Service cost
$
24

 
$
19

 
$
6

 
$
6

Interest cost
75

 
109

 
17

 
17

Expected return on plan assets
(81
)
 
(130
)
 

 

Recognized net actuarial loss
26

 
48

 
(1
)
 
(1
)
Settlements

 
1,329

 

 

Other
(5
)
 
(7
)
 

 

Net periodic benefit cost
$
39

 
$
1,368

 
$
22

 
$
22


Effective January 2015, the U.S. pension plan was amended to include a lump-sum pension benefit payout option for certain plan participants. In addition, in April 2015, the U.S. pension plan completed the purchase of group annuity contracts that transferred to two insurance companies the pension benefit obligations totaling $2.5 billion for approximately 21,000 Kimberly-Clark retirees in the United States. As a result of these changes, we recognized pension settlement-related charges of $0.8 billion after tax ($1.4 billion pretax in other (income) and expense, net) during 2015, mostly in the second quarter. In connection with these transactions, during the first quarter of 2015 we made a $410 contribution to our U.S. pension plan in order to maintain the plan’s funded status. For the six months ended June 30, 2016 and 2015, we made cash contributions of $30 and $435, respectively, to our pension trusts. We expect to contribute up to $100 to our defined benefit pension plans for the full year 2016.