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Employee Postretirement Benefits
9 Months Ended
Sep. 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 September 30
 
2016
 
2015
 
2016
 
2015
Service cost
$
8

 
$
10

 
$
3

 
$
3

Interest cost
35

 
39

 
7

 
8

Expected return on plan assets
(38
)
 
(43
)
 

 

Recognized net actuarial loss
13

 
13

 

 

Settlements

 
19

 

 

Other
(2
)
 
(2
)
 

 

Net periodic benefit cost
$
16

 
$
36

 
$
10

 
$
11


 
Pension Benefits
 
Other Benefits
 
Nine Months Ended September 30
 
2016
 
2015
 
2016
 
2015
Service cost
$
32

 
$
29

 
$
9

 
$
9

Interest cost
110

 
148

 
24

 
25

Expected return on plan assets
(119
)
 
(173
)
 

 

Recognized net actuarial loss
39

 
61

 
(1
)
 
(1
)
Settlements

 
1,348

 

 

Other
(7
)
 
(9
)
 

 

Net periodic benefit cost
$
55

 
$
1,404

 
$
32

 
$
33


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 nine months ended September 30, 2016 and 2015, we made cash contributions of $35 and $437, respectively, to our pension trusts. We expect to contribute up to $100 to our defined benefit pension plans for the full year 2016.