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PENSION BENEFITS | 6 Months Ended
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Jun. 30, 2020
Retirement Benefits, Description [Abstract] |
Pension Benefits | Note 15. Pension Benefits Net periodic pension benefit costs for our significant defined benefit plans include the following components:
| U.S. Plans |  |  |  |  |  |
| Three Months Ended June 30, |  |  |  | Six Months Ended June 30, |  |
| 2020 |  | 2019 |  | 2020 |  | 2019
Service cost | $ | 24 |  |  | $ | 21 |  |  | $ | 49 |  |  | $ | 42 |
Interest cost | 115 |  |  | 154 |  |  | 230 |  |  | 307 |
Expected return on plan assets | (283) |  |  | (279) |  |  | (567) |  |  | (558) |
Amortization of prior service (credit) | (10) |  |  | (11) |  |  | (21) |  |  | (22) |
| $ | (154) |  |  | $ | (115) |  |  | $ | (309) |  |  | $ | (231) |
| Non-U.S. Plans |  |  |  |  |  |
| Three Months Ended June 30, |  |  |  | Six Months Ended June 30, |  |
| 2020 |  | 2019 |  | 2020 |  | 2019
Service cost | $ | 5 |  |  | $ | 6 |  |  | $ | 11 |  |  | $ | 12 |
Interest cost | 26 |  |  | 36 |  |  | 52 |  |  | 72 |
Expected return on plan assets | (81) |  |  | (83) |  |  | (165) |  |  | (167) |
Amortization of prior service (credit) | — |  |  | — |  |  | — |  |  | — |
| $ | (50) |  |  | $ | (41) |  |  | $ | (102) |  |  | $ | (83) |
During the three months ended June 30, 2020, the Company did not purchase any Honeywell shares from the Honeywell U.S. Pension Plan Master Trust. During the six months ended June 30, 2020, the Company repurchased $100 million of outstanding Honeywell shares from the Honeywell U.S. Pension Plan Master Trust. During the three and six months ended June 30, 2019, the Company repurchased $100 million and $200 million of outstanding Honeywell shares from the Honeywell U.S. Pension Plan Master Trust.

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- Definition The entire disclosure for pension and other postretirement benefits. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -URI http://asc.fasb.org/topic&trid=2235017 + Details
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