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Employee Benefit Plans (Tables) | 12 Months Ended
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Dec. 31, 2021
Compensation And Retirement Disclosure [Abstract] |
Principal Components of Employee Benefit Costs | The principal components of employee benefit costs are summarized as follows:
| Year ended December 31, |
| 2021 |  |  | 2020 |  |  | 2019 |
| (in millions) |
Expense: |  |  |  |  |  |  |  |  |  |  |
Savings plan | $ | 74 |  |  | $ | 32 |  |  | $ | 60 |
Unfunded supplemental benefit plans |  | 11 |  |  |  | 9 |  |  |  | 9 |
Other plans, net |  | 24 |  |  |  | 19 |  |  |  | 24 |
| $ | 109 |  |  | $ | 60 |  |  | $ | 93 |
Company's Benefit Obligations and Funded Status | The following table summarizes the benefit obligations and funded status associated with the Company’s unfunded supplemental benefit plans:
| December 31, |
| 2021 |  |  | 2020 |
| (in millions) |
Change in projected benefit obligation: |  |  |  |  |  |  |
Benefit obligation at beginning of year | $ | 283 |  |  | $ | 259 |
Interest costs |  | 5 |  |  |  | 7 |
Actuarial (gains) losses |  | (11 | ) |  |  | 31 |
Benefits paid |  | (15 | ) |  |  | (14 | )
Projected benefit obligation at end of year |  | 262 |  |  |  | 283 |
Change in plan assets: |  |  |  |  |  |  |
Contributions |  | 14 |  |  |  | 14 |
Benefits paid |  | (14 | ) |  |  | (14 | )
Fair value of plan assets at end of year |  | — |  |  |  | — |
Reconciliation of funded status: |  |  |  |  |  |  |
Unfunded status of the plans | $ | 262 |  |  | $ | 283 |
Amounts recognized in the consolidated balance sheet: |  |  |  |  |  |  |
Accrued benefit liability | $ | 262 |  |  | $ | 283 |
Amounts recognized in accumulated other comprehensive income/loss: |  |  |  |  |  |  |
Unrecognized net actuarial loss | $ | 111 |  |  | $ | 129 |
Unrecognized prior service credit |  | — |  |  |  | (1 | )
| $ | 111 |  |  | $ | 128 |
Accumulated benefit obligation at end of year | $ | 262 |  |  | $ | 283 |
Net Periodic Benefit Costs | Net periodic benefit costs related to the Company’s unfunded supplemental benefit pension plans included the following components:
| Year ended December 31, |
| 2021 |  |  | 2020 |  |  | 2019 |
| (in millions) |
Expense: |  |  |  |  |  |  |  |  |  |  |
Interest costs | $ | 5 |  |  | $ | 7 |  |  | $ | 9 |
Amortization of net actuarial loss |  | 7 |  |  |  | 5 |  |  |  | 4 |
Amortization of prior service credit |  | (1 | ) |  |  | (3 | ) |  |  | (4 | )
| $ | 11 |  |  | $ | 9 |  |  | $ | 9 |
The Weighted-Average Discount Rate Assumptions Used to Determine Net Periodic Benefit Costs and Projected Benefit Obligations | The weighted-average discount rate assumptions used to determine net periodic benefit costs for the Company’s unfunded supplemental benefit plans for the years ended December 31, 2021, 2020 and 2019, are as follows:
| Year ended December 31, |
| 2021 |  |  | 2020 |  |  | 2019 |
Discount rates: |  |  |  |  |  |  |  |  |  |  |
Projected benefit obligation |  | 2.49 | % |  |  | 3.27 | % |  |  | 4.32 | %
Service cost |  | 3.14 | % |  |  | 3.71 | % |  |  | 4.55 | %
Interest cost |  | 1.83 | % |  |  | 2.86 | % |  |  | 4.00 | %
The weighted-average discount rate assumptions used to determine the projected benefit obligations for the Company’s unfunded supplemental benefit plans at December 31, 2021 and 2020, are as follows:
| December 31, |
| 2021 |  |  | 2020 |
Discount rate |  | 2.89 | % |  |  | 2.49 | %
Benefit Payments | Benefit payments, which reflect expected future service, as appropriate, are expected to be made as follows:
Year | (in millions) |
2022 | $ | 16 |
2023 | $ | 17 |
2024 | $ | 17 |
2025 | $ | 17 |
2026 | $ | 17 |
Five years thereafter | $ | 79 |

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- Definition Tabular disclosure of assumption used to determine benefit obligation and net periodic benefit cost of defined benefit plan. Includes, but is not limited to, discount rate, rate of compensation increase, expected long-term rate of return on plan assets and interest crediting rate. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (k) -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 + Details
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- Definition Tabular disclosure of benefits expected to be paid by pension plans and/or other employee benefit plans in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter. + 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 (f) -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 + Details
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