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v3.22.2.2

Employee Benefits | 9 Months Ended
--- | ---
Sep. 30, 2022
Retirement Benefits [Abstract] |
Employee Benefits | EMPLOYEE BENEFITS Pension and other defined contribution retirement plan expenses included the following components:
(DOLLARS IN MILLIONS) | U.S. Plans
Three Months Ended September 30, |  | Nine Months Ended September 30,
2022 |  | 2021 |  | 2022 |  | 2021
Service cost for benefits earned(1) | $ | 1 |  |  | $ | — |  |  | $ | 1 |  |  | $ | 1 |
Interest cost on projected benefit obligation(2) | 4 |  |  | 62 |  |  | 12 |  |  | 68 |
Expected return on plan assets(2) | (5) |  |  | (92) |  |  | (16) |  |  | (102) |
Net amortization and deferrals(2) | 1 |  |  | 23 |  |  | 5 |  |  | 27 |
Net periodic benefit (income) cost | $ | 1 |  |  | $ | (7) |  |  | $ | 2 |  |  | $ | (6) |
(DOLLARS IN MILLIONS) | Non-U.S. Plans
Three Months Ended September 30, |  | Nine Months Ended September 30,
2022 |  | 2021 |  | 2022 |  | 2021
Service cost for benefits earned(1) | $ | 9 |  |  | $ | 10 |  |  | $ | 28 |  |  | $ | 32 |
Interest cost on projected benefit obligation(2) | 4 |  |  | 3 |  |  | 13 |  |  | 8 |
Expected return on plan assets(2) | (10) |  |  | (19) |  |  | (32) |  |  | (44) |
Net amortization and deferrals(2) | 3 |  |  | 5 |  |  | 9 |  |  | 15 |
Net periodic benefit (income) cost | $ | 6 |  |  | $ | (1) |  |  | $ | 18 |  |  | $ | 11 |
_______________________ (1)Included as a component of Operating (loss) profit. (2)Included as a component of Other income, net. The amounts of interest cost, expected return and net amortization and deferrals for the three and nine months ended September 30, 2021 were updated to reflect the correction of certain prior period amounts, which aggregated to approximately $17 million. The Company expects to contribute a total of $5 million to its U.S. pension plans and a total of $33 million to its non-U.S. pension plans during 2022. During the nine months ended September 30, 2022, no contributions were made to the qualified U.S. pension plans, $22 million of contributions were made to the non-U.S. pension plans, and $3 million of benefit payments were made with respect to the Company’s non-qualified U.S. pension plan. (Income) expense recognized for postretirement benefits other than pensions included the following components:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(DOLLARS IN MILLIONS) | 2022 |  | 2021 |  | 2022 |  | 2021
Service cost for benefits earned | $ | 1 |  |  | $ | — |  |  | $ | 1 |  |  | $ | — |
Interest cost on projected benefit obligation | — |  |  | 6 |  |  | 1 |  |  | 7 |
Net amortization and deferrals | (2) |  |  | (16) |  |  | (4) |  |  | (18) |
Total postretirement benefit (income) expense | $ | (1) |  |  | $ | (10) |  |  | $ | (2) |  |  | $ | (11) |
The Company expects to contribute $4 million to its postretirement benefits other than pension plans during 2022. In the nine months ended September 30, 2022, $2 million of contributions were made.

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