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Employee Benefit Plans (Tables) | 9 Months Ended
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Sep. 30, 2020
Retirement Benefits [Abstract] |
Schedule of contributions to plans | Contributions to our plans were as follows:
| Quarter Ended September 30, |  |  |  | Nine Months Ended September 30, |  |
(dollars in millions) | 2020 |  | 2019 |  | 2020 |  | 2019
US qualified and international defined benefit and PRB plans | $ | 22 |  |  | $ | 4 |  |  | $ | 64 |  |  | $ | 41 |
Defined contribution plans(1) | 228 |  |  | 117 |  |  | 668 |  |  | 369 |
(1) Increase in contributions to our defined contribution plans is primarily due to contributions related to the Raytheon Company plans.
Schedule of Amounts Recognized in Balance Sheet | Future pension and postretirement benefit obligations on the Condensed Consolidated Balance Sheet consisted of the following:
(dollars in millions) | September 30, 2020 |  | December 31, 2019
Long-term pension liabilities | $ | 13,499 |  |  | $ | 1,770 |
Long-term PRB liabilities | 1,059 |  |  | 696 |
Other pension and PRB related items | 130 |  |  | 21 |
Total long-term pension and PRB liabilities(1) | $ | 14,688 |  |  | $ | 2,487 |
(1) Increase in long-term pension and PRB liabilities is primarily due to liabilities acquired as part of the Raytheon Merger and the remeasurement of the UTC domestic defined benefit plans as a result of the Separation Transactions.
Schedule of Net Benefit Costs | The following table illustrates the components of net periodic benefit (income) expense for our defined pension and PRB plans:
| Pension Benefits Quarter Ended September 30, |  |  |  | PRB Quarter Ended September 30, |  |
(dollars in millions) | 2020 |  | 2019 |  | 2020 |  | 2019
Operating expense |  |  |  |  |  |  |
Service cost | $ | 149 |  |  | $ | 62 |  |  | $ | 2 |  |  | $ | — |
Non-operating expense |  |  |  |  |  |  |
Interest cost | 465 |  |  | 300 |  |  | 10 |  |  | 7 |
Expected return on plan assets | (827) |  |  | (551) |  |  | (4) |  |  | — |
Amortization of prior service cost (credit) | 13 |  |  | 4 |  |  | (1) |  |  | (10) |
Recognized actuarial net loss (gain) | 86 |  |  | 60 |  |  | (3) |  |  | (3) |
Net settlement and curtailment loss (gain) | 8 |  |  | (96) |  |  | — |  |  | — |
Non-service pension (income) expense | (255) |  |  | (283) |  |  | 2 |  |  | (6) |
Total net periodic benefit (income) expense | $ | (106) |  |  | $ | (221) |  |  | $ | 4 |  |  | $ | (6) |
| Pension Benefits Nine Months Ended September 30, |  |  |  | PRB Nine Months Ended September 30, |  |
(dollars in millions) | 2020 |  | 2019 |  | 2020 |  | 2019
Operating expense |  |  |  |  |  |  |
Service cost | $ | 328 |  |  | $ | 208 |  |  | $ | 5 |  |  | $ | 2 |
Non-operating expense |  |  |  |  |  |  |
Interest cost | 1,170 |  |  | 942 |  |  | 26 |  |  | 23 |
Expected return on plan assets | (2,162) |  |  | (1,687) |  |  | (9) |  |  | (1) |
Amortization of prior service cost (credit) | 39 |  |  | 13 |  |  | (3) |  |  | (32) |
Recognized actuarial net loss (gain) | 255 |  |  | 158 |  |  | (9) |  |  | (9) |
Net settlement and curtailment loss (gain) | 35 |  |  | (88) |  |  | — |  |  | — |
Non-service pension (income) expense | (663) |  |  | (662) |  |  | 5 |  |  | (19) |
Total net periodic benefit (income) expense | $ | (335) |  |  | $ | (454) |  |  | $ | 10 |  |  | $ | (17) |
Marketable Securities | The fair value of marketable securities held in trusts consisted of the following:
(dollars in millions) | September 30, 2020 |  | December 31, 2019
Marketable securities held in trusts | $ | 847 |  |  | $ | — |

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