PENSION BENEFITS

Certain of Delphi’s non-U.S. subsidiaries sponsor defined benefit pension plans, which generally provide benefits based on negotiated amounts for each year of service. Delphi’s primary non-U.S. plans are located in France, Germany, Mexico, Portugal and the United Kingdom (“U.K.”). The U.K. and certain Mexican plans are funded. In addition, Delphi has defined benefit plans in South Korea, Turkey and Italy for which amounts are payable to employees immediately upon separation. The obligations for these plans are recorded based on the vested obligation.

Delphi sponsors a Supplemental Executive Retirement Program (“SERP”) for those employees who were U.S. executives of the Predecessor prior to September 30, 2008 and were U.S. executives of Delphi on October 7, 2009, the effective date of the program. This program is unfunded. Executives receive benefits over 5 years after an involuntary or voluntary separation from Delphi. The SERP is closed to new members.

The amounts shown below reflect the defined benefit pension expense for the three and six months ended June 30, 2014 and 2013:



	Non-U.S. Plans						U.S. Plans

	Three Months Ended June 30,
	2014			2013			2014		2013

	(in millions)
Service cost	$	16		$	15		$	—	$	—
Interest cost	26			21			1		1
Expected return on plan assets	(21		)	(18		)	—		—
Amortization of actuarial losses	2			2			—		—
Net periodic benefit cost	$	23		$	20		$	1	$	1



	Non-U.S. Plans						U.S. Plans

	Six Months Ended June 30,
	2014			2013			2014		2013

	(in millions)
Service cost	$	30		$	28		$	—	$	—
Interest cost	50			43			1		1
Expected return on plan assets	(40		)	(35		)	—		—
Amortization of actuarial losses	4			4			—		—
Net periodic benefit cost	$	44		$	40		$	1	$	1

Other postretirement benefit obligations were approximately $7 million and $7 million at June 30, 2014 and December 31, 2013, respectively.