Pension and Other Postretirement Benefits

9 Months Ended

Sep. 30, 2016

Compensation and Retirement Disclosure [Abstract]

Pension and Other Postretirement Benefits

The components of net periodic pension and other postretirement benefits costs for the three and nine months ended September 30, 2016 and 2015 were as follows:



	Three Months Ended						Nine Months Ended
	September 30						September 30
Pension benefits – U.S. plans	2016			2015			2016			2015
Service cost	$	5		$	2		$	12		$	11
Interest cost	12			16			37			47
Expected return on plan assets	(23		)	(25		)	(68		)	(75		)
Recognized net loss	12			13			37			38
Net periodic cost	$	6		$	6		$	18		$	21



	Three Months Ended						Nine Months Ended
	September 30						September 30
Pension benefits – Non-U.S. plans	2016			2015			2016			2015
Service cost	$	6		$	6		$	17		$	19
Interest cost	25			31			78			94
Expected return on plan assets	(39		)	(43		)	(121		)	(129		)
Recognized prior service credit	(3		)	(3		)	(9		)	(10		)
Recognized net loss	12			13			38			40
Net periodic cost	$	1		$	4		$	3		$	14



	Three Months Ended						Nine Months Ended
	September 30						September 30
Other postretirement benefits	2016			2015			2016			2015
Service cost	$	1		$	1		$	1		$	1
Interest cost	1			2			3			6
Recognized prior service credit	(11		)	(10		)	(31		)	(27		)
Recognized net loss	1			—			3			3
Net periodic benefit	$	(8	)	$	(7	)	$	(24	)	$	(17	)

During the three and nine months ended September 30, 2016, the Company also recorded pension settlement charges of $9 and $12 which were included in restructuring and other in the Consolidated Statement of Operations.