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EMPLOYEE BENEFIT PLANS (Tables) | 3 Months Ended
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Mar. 31, 2020
Retirement Benefits [Abstract] |
Schedule of Employer Contributions to Plans | Contributions to the plans were as follows:
| For the Quarters Ended March 31, |  |
(dollars in millions) | 2020 |  | 2019
Defined benefit plans | $ | 25 |  |  | $ | 22 |
Defined contribution plans | $ | 30 |  |  | $ | 25 |
Multi-employer pension plans | $ | 5 |  |  |  | $ | 5 |
Schedule of Defined Benefit Plans Disclosures | The following table illustrates the components of net periodic pension benefits for our defined pension and post-retirement benefit plans:
| For the Quarters Ended March 31, |  |  |  |  |  |
(dollars in millions) | 2020 |  | 2019 |  |  |  |
Service cost | $ | 8 |  |  | $ | 8 |  |  |  |  |
Interest cost | 13 |  |  | 17 |  |  |  |  |
Expected return on plan assets | (35) |  |  | (39) |  |  |  |  |
Amortization of prior service credit | 1 |  |  | 1 |  |  |  |  |
Recognized actuarial net loss | 5 |  |  | 2 |  |  |  |  |
Net settlement, curtailment and special termination benefit loss | 1 |  |  | — |  |  |  |  |
Net periodic pension benefit | $ | (7) |  |  | $ | (11) |  |  |  |  |
Schedule of Multiemployer Plans | The pension and post-retirement expenses were as follows:
| For the Quarters Ended March 31, |  |
(dollars in millions) | 2020 |  | 2019
Service cost | $ | — |  |  | $ | 4 |
Non-service pension benefit | (2) |  |  | (20) |
Total net periodic benefit | $ | (2) |  |  | $ | (16) |

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- Definition Tabular disclosure of one or more of the entity's defined benefit pension plans or one or more other defined benefit postretirement plans, separately for pension plans and other postretirement benefit plans including the entity's schedule of fair value of plan assets for defined benefit or other postretirement plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 55 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=118257860&loc=d3e4179-114921 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e2439-114920 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e2410-114920 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e2417-114920 + Details
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- Definition Tabular disclosure of the quantitative and qualitative information related to multiemployer plans in which the employer participates. A multiemployer plan is a pension or postretirement benefit plan to which two or more unrelated employers contribute where assets contributed by one participating employer may be used to provide benefits to employees of other participating employers. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 80 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=65877416&loc=SL14450657-114947 + Details
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