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Pension and Other Postretirement Benefits
3 Months Ended
Mar. 31, 2020
Retirement Benefits [Abstract]  
Pension and Other Postretirement Benefits
Pension and Other Postretirement Benefits

The components of net periodic pension and other postretirement benefits costs for the three months ended March 31, 2020 and 2019 were as follows:
 
Three Months Ended
 
March 31,
Pension benefits – U.S. plans
2020
 
2019
Service cost
$
5

 
$
5

Interest cost
10

 
13

Expected return on plan assets
(18
)
 
(18
)
Recognized net loss
14

 
14

Net periodic cost
$
11

 
$
14


 
Three Months Ended
 
March 31,
Pension benefits – Non-U.S. plans
2020
 
2019
Service cost
$
3

 
$
4

Interest cost
14

 
19

Expected return on plan assets
(31
)
 
(35
)
Curtailment gain

 
(14
)
Settlement loss
37

 

Recognized net loss
9

 
10

Net periodic cost / (benefit)
$
32

 
$
(16
)


 
Three Months Ended
 
March 31,
Other postretirement benefits
2020
 
2019
Interest cost
1

 
1

Recognized prior service credit
(6
)
 
(9
)
Recognized net loss
1

 
1

Net periodic benefit
$
(4
)
 
$
(7
)


In the three months ended March 31, 2020, the Company recorded settlement charges related to the payment of lump sum buy-outs to settle certain non-U.S. pension obligations using plan assets. The Company may incur additional settlement charges in 2020.

In the three months ended March 31, 2019, the Company recorded a curtailment gain to recognize prior service credits that were previously recorded in accumulated other comprehensive income in connection with the closure of a non-U.S. defined benefit pension plan.

The components of net periodic cost / (benefit) other than the service cost component are included in other pension and postretirement in the Consolidated Statement of Operations.

The following table provides information about amounts reclassified from accumulated other comprehensive income.

 
 
Three Months Ended
 
 
Details about accumulated other
 
March 31,
 
Affected line item in the
comprehensive income components
 
2020
 
2019
 
statement of operations
Actuarial losses
 
$
24

 
$
25

 
Other pension and postretirement
Settlements
 
37

 

 
Other pension and postretirement
Prior service credit
 
(6
)
 
(9
)
 
Other pension and postretirement
Curtailments
 

 
(14
)
 
Other pension and postretirement
 
 
55

 
2

 
Income before taxes
 
 
(4
)
 
(1
)
 
Provision for income taxes
Total reclassified
 
$
51

 
$
1

 
Net income