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RETIREMENT PLANS (Tables) | 9 Months Ended
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Sep. 30, 2022
Retirement Benefits [Abstract] |
Components of net periodic benefit cost | Components of net periodic benefit (credit) cost were as follows:
| Third Quarter
| Pension Plans |  | Other Postretirement Benefit Plans
| 2022 |  | 2021 |  | 2022 |  | 2021
(Dollars in millions) | U.S. |  | Non-U.S. |  | U.S. |  | Non-U.S. |  |  |  |
Service cost | $ | 7 |  |  | $ | 2 |  |  | $ | 7 |  |  | $ | 5 |  |  | $ | — |  |  | $ | — |
Interest cost | 11 |  |  | 3 |  |  | 9 |  |  | 3 |  |  | 4 |  |  | 3 |
Expected return on assets | (32) |  |  | (7) |  |  | (31) |  |  | (9) |  |  | (1) |  |  | (1) |
Amortization of: |  |  |  |  |  |  |  |  |  |  |
Prior service credit, net | — |  |  | — |  |  | — |  |  | (1) |  |  | (8) |  |  | (9) |
Net periodic benefit (credit) cost | $ | (14) |  |  | $ | (2) |  |  | $ | (15) |  |  | $ | (2) |  |  | $ | (5) |  |  | $ | (7) |
| First Nine Months
| Pension Plans |  | Other Postretirement Benefit Plans
| 2022 |  | 2021 |  | 2022 |  | 2021
(Dollars in millions) | U.S. |  | Non-U.S. |  | U.S. |  | Non-U.S. |  |  |  |
Service cost | $ | 19 |  |  | $ | 9 |  |  | $ | 20 |  |  | $ | 14 |  |  | $ | — |  |  | $ | — |
Interest cost | 33 |  |  | 11 |  |  | 27 |  |  | 9 |  |  | 11 |  |  | 9 |
Expected return on assets | (96) |  |  | (24) |  |  | (94) |  |  | (28) |  |  | (3) |  |  | (3) |
Amortization of: |  |  |  |  |  |  |  |  |  |  |
Prior service credit, net | — |  |  | — |  |  | — |  |  | (1) |  |  | (24) |  |  | (28) |
Mark-to-market pension and other postretirement benefits (gain) loss (1) | 7 |  |  | (10) |  |  | — |  |  | — |  |  | — |  |  | — |
Net periodic benefit (credit) cost | $ | (37) |  |  | $ | (14) |  |  | $ | (47) |  |  | $ | (6) |  |  | $ | (16) |  |  | $ | (22) |
(1) Also includes curtailment triggered by the sale of the adhesives resins business which is included in "Other components of post-employment (benefit) cost, net" on the Unaudited Consolidated Statements of Earnings, Comprehensive Income and Retained Earnings.

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- Definition Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (h) -URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 + Details
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