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Benefit Plans
6 Months Ended
Jun. 30, 2021
Retirement Benefits [Abstract]  
Benefit Plans
Note 10. Benefit Plans

Pension Plans

Components of Net Periodic Pension Cost:
Net periodic pension cost/(benefit) consisted of the following:
 U.S. PlansNon-U.S. Plans
 For the Three Months Ended
June 30,
For the Three Months Ended
June 30,
 2021202020212020
 (in millions)
Service cost$$$35 $29 
Interest cost10 13 30 36 
Expected return on plan assets(18)(20)(107)(96)
Amortization:
Net loss from experience differences33 28 
Prior service benefit— — (1)(1)
Curtailment credit (1)
— — (14)— 
Settlement losses and other expenses (2)
— — 
Net periodic pension cost/(benefit)$$$(24)$(4)
 U.S. PlansNon-U.S. Plans
 For the Six Months Ended
June 30,
For the Six Months Ended
June 30,
 2021202020212020
 (in millions)
Service cost$$$70 $59 
Interest cost20 26 59 73 
Expected return on plan assets(36)(39)(213)(195)
Amortization:
Net loss from experience differences66 57 
Prior service benefit— — (3)(3)
Curtailment credit (1)
— — (14)— 
Settlement losses and other expenses (2)
12 — 
Net periodic pension cost/(benefit)$$10 $(35)$(7)
(1)During the second quarter of 2021, we made a decision to freeze our Defined Benefit Pension Scheme in the United Kingdom. As a result, we recognized a curtailment credit of $(14 million) for the three and six months ended June 30, 2021 recorded within benefit plan non-service income. We also incurred incentive payment charges and other expenses related to this decision of $44 million for the three months ended June 30, 2021 and $45 million for the six months ended June 30, 2021 included in operating income.
(2)In connection with our Simplify to Grow Program, settlement losses and other expenses were $1 million for the three and six months ended June 30, 2021 and $4 million for the three and six months ended June 30, 2020. These losses were recorded within benefit plan non-service income.

Employer Contributions:
During the six months ended June 30, 2021, we contributed $4 million to our U.S. pension plans and $117 million to our non-U.S. pension plans, including $59 million to plans in the United Kingdom and Ireland. We make contributions to our pension plans in accordance with local funding arrangements and statutory minimum funding requirements. Discretionary contributions are made to the extent that they are tax deductible and do not generate an excise tax liability.

As of June 30, 2021, over the remainder of 2021, we plan to make further contributions of approximately $4 million to our U.S. plans and approximately $111 million to our non-U.S. plans. Our actual contributions may be different due to many factors, including changes in tax and other benefit laws, significant differences between expected and actual pension asset performance or interest rates.

Multiemployer Pension Plans:
On July 11, 2019, we received an undiscounted withdrawal liability assessment related to our complete withdrawal from the Bakery and Confectionery Union and Industry International Pension Fund totaling $526 million requiring pro-rata monthly payments over 20 years. We began making monthly payments during the third quarter of 2019. In connection with the discounted long-term liability, we recorded accreted interest of $3 million and $6 million in the three and six months ended June 30, 2021 and $3 million and $6 million in the three and six months ended June 30, 2020 within interest and other expense, net. As of June 30, 2021, the remaining discounted withdrawal liability was $368 million, with $14 million recorded in other current liabilities and $354 million recorded in long-term other liabilities.

Postretirement Benefit Plans

Net periodic postretirement health care cost/(benefit) consisted of the following:
 For the Three Months Ended
June 30,
For the Six Months Ended
June 30,
 2021202020212020
 (in millions)
Service cost$$$$
Interest cost
Amortization:
Net loss from experience differences— 
Prior service credit— (7)— (15)
Net periodic postretirement health care cost/(benefit)$$(1)$$(2)

Postemployment Benefit Plans

Net periodic postemployment cost consisted of the following:
 For the Three Months Ended
June 30,
For the Six Months Ended
June 30,
 2021202020212020
 (in millions)
Service cost$$$$
Interest cost— 
Amortization of net gains— (1)(1)(2)
Net periodic postemployment cost$$$$