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Benefit Plans
6 Months Ended
Jun. 30, 2021
Benefit Plans [Abstract]  
Benefit Plans
8. Benefit Plans


The Company has several non-contributory defined benefit plans and postretirement benefit plans covering eligible employees and retirees.


The following tables present the components of net periodic (benefit) cost for these plans:

 
Pension Benefits
 
   
Three Months Ended
June 30,
   
Six Months Ended
June 30,
 
   
2021
   
2020
   
2021
   
2020
 
(In millions)
                       
                         
Service cost
       
$
1
   
$
1
   
$
2
 
Interest cost
 
$
18
     
23
     
36
     
46
 
Expected return on plan assets
   
(43
)
   
(44
)
   
(86
)
   
(87
)
Amortization of unrecognized net loss
   
13
     
12
     
25
     
23
 
Amortization of unrecognized prior service cost
           
1
             
1
 
Settlement charge
   
2
     
3
     
2
     
7
 
Net periodic benefit
 
$
(10
)
 
$
(4
)
 
$
(22
)
 
$
(8
)

 
Other Postretirement Benefits
 
   
Three Months Ended
June 30,
   
Six Months Ended
June 30,
 
   
2021
   
2020
   
2021
   
2020
 
(In millions)
                       
                         
Interest cost
 
$
1
   
$
1
   
$
1
   
$
1
 
Expected return on plan assets
           
(1
)
   
(1
)
   
(2
)
Net periodic (benefit) cost
 
$
1
   
$
-
   
$
-
   
$
(1
)