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Employee Benefit Plans
6 Months Ended
Jun. 30, 2019
Employee-related Liabilities [Abstract]  
EMPLOYEE BENEFIT PLANS EMPLOYEE BENEFIT PLANS
Defined Benefit Pension and Other Postretirement Benefit Plans. The Company's net periodic benefit cost includes the following components for the three months ended June 30 (in millions):
 
 
Pension Benefits
 
Other Postretirement Benefits
 
Affected Line Item
in the Statements of
Consolidated Operations
 
 
2019
 
2018
 
2019
 
2018
 
 
Service cost
 
$
46

 
$
57

 
$
3

 
$
3

 
Salaries and related costs
Interest cost
 
57

 
54

 
14

 
15

 
Miscellaneous, net
Expected return on plan assets
 
(73
)
 
(73
)
 
(1
)
 

 
Miscellaneous, net
Amortization of unrecognized (gain) loss
 
29

 
32

 
(15
)
 
(8
)
 
Miscellaneous, net
Amortization of prior service credit
 

 

 
(9
)
 
(10
)
 
Miscellaneous, net
Settlement loss
 
3

 

 

 

 
Miscellaneous, net
Total
 
$
62

 
$
70

 
$
(8
)
 
$

 
 
The Company's net periodic benefit cost includes the following components for the six months ended June 30 (in millions):
 
 
Pension Benefits
 
Other Postretirement Benefits
 
Affected Line Item
in the Statements of
Consolidated Operations
 
 
2019
 
2018
 
2019
 
2018
 
 
Service cost
 
$
92

 
$
114

 
$
5

 
$
6

 
Salaries and related costs
Interest cost
 
114

 
108

 
29

 
30

 
Miscellaneous, net
Expected return on plan assets
 
(145
)
 
(146
)
 
(1
)
 

 
Miscellaneous, net
Amortization of unrecognized (gain) loss
 
58

 
65

 
(30
)
 
(16
)
 
Miscellaneous, net
Amortization of prior service credit
 

 

 
(19
)
 
(19
)
 
Miscellaneous, net
Settlement loss
 
3

 

 

 

 
Miscellaneous, net
Total
 
$
122

 
$
141

 
$
(16
)
 
$
1

 
 
During the three and six months ended June 30, 2019, the Company contributed $150 million and $300 million, respectively, to its U.S. domestic tax-qualified defined benefit pension plans.
Share-Based Compensation. In the six months ended June 30, 2019, UAL granted share-based compensation awards pursuant to the United Continental Holdings, Inc. 2017 Incentive Compensation Plan. These share-based compensation awards include 1.1 million restricted stock units ("RSUs"), consisting of 0.8 million time-vested RSUs and 0.3 million performance-based RSUs. The time-vested RSUs vest pro-rata, on February 28th of each year, over a period of three years from the date of grant. The amount of performance-based RSUs vest based on the Company's relative improvement in pre-tax margin, as compared to a group of industry peers, for the three years ending December 31, 2021. RSUs are generally equity awards settled in stock for domestic employees and liability awards settled in cash for international employees. The cash payments are based on the 20-day average closing price of UAL common stock immediately prior to the vesting date.
The table below presents information related to share-based compensation (in millions):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2019
 
2018
 
2019
 
2018
Share-based compensation expense
$
21

 
$
27

 
$
37

 
$
44

 
 
 
 
 
 
 
 
 
June 30, 2019
 
December 31, 2018
 
 
 
 
Unrecognized share-based compensation
$
110

 
$
68