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Pensions, Other Post-employment Benefits and Employee Benefit Plans
 6 Months Ended
Jun. 30, 2014
Compensation and Retirement Disclosure [Abstract]  
Pensions,Other Post-employment Benefits and Employee Benefit Plans
Pension, Other Post-employment Benefits and Employee Benefit Plans.
Federal-Mogul, ARI and Viskase each sponsor several defined benefit pension plans (the ''Pension Benefits'') (and, in the case of Viskase, its pension plans include defined contribution plans). Additionally, Federal-Mogul and Viskase each sponsors health care and life insurance benefits (''Other Post-Employment Benefits'' or "OPEB") for certain employees and retirees around the world. ARI also previously sponsored a post-employment medical benefit plan that provided access to healthcare for certain retired employees; this plan was terminated effective December 31, 2013. The Pension Benefits are funded based on the funding requirements of federal and international laws and regulations, as applicable, in advance of benefit payments and the Other Post-Employment Benefits. As prescribed by applicable U.S. GAAP, Federal-Mogul, ARI and Viskase each uses, as applicable, appropriate actuarial methods and assumptions in accounting for its defined benefit pension plans, non-pension post-employment benefits, and disability, early retirement and other post-employment benefits. The measurement date for all defined benefit plans is December 31 of each year.
Components of net periodic benefit cost for the three and six months ended June 30, 2014 and 2013 are as follows:
 
Pension Benefits
 
OPEB
 
Three Months Ended June 30,
 
Three Months Ended June 30,
 
2014
 
2013
 
2014
 
2013
 
(in millions)
Service cost
$
4

 
$
4

 
$
—

 
$
—

Interest cost
19

 
17

 
5

 
4

Expected return on plan assets
(19
)
 
(18
)
 
—

 
—

Amortization of actuarial losses
4

 
7

 
—

 
1

Amortization of prior service credit
—

 
—

 
(1
)
 
(3
)
Curtailment gain
—

 
—

 
—

 
(19
)
 
$
8

 
$
10

 
$
4

 
$
(17
)
 
Pension Benefits
 
OPEB
 
Six Months Ended June 30,
 
Six Months Ended June 30,
 
2014
 
2013
 
2014
 
2013
 
(in millions)
Service cost
$
8

 
$
8

 
$
—

 
$
—

Interest cost
38

 
35

 
8

 
8

Expected return on plan assets
(37
)
 
(35
)
 
—

 
—

Amortization of actuarial losses
6

 
13

 
1

 
3

Amortization of prior service credit
—

 
—

 
(2
)
 
(6
)
Curtailment gain
—

 
—

 
—

 
(19
)
 
$
15

 
$
21

 
$
7

 
$
(14
)


During the second quarter of 2013, Federal-Mogul ceased operations at one of its U.S. manufacturing locations. The resulting reduction in the average remaining future service period to the full eligibility date of the remaining active plan participants in Federal-Mogul’s U.S. Welfare Benefit Plan triggered the recognition of a $19 million OPEB curtailment gain, which was recognized in the consolidated statements of operations during the three and six months ended June 30, 2013.