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Pensions Benefit Plans and Other Postretirement Benefits
3 Months Ended
Mar. 31, 2013
Pensions Benefit Plans and Other Postretirement Benefits  
Pensions Benefit Plans and Other Postretirement Benefits

5.  Pensions Benefit Plans and Other Postretirement Benefits

 

The components of the net periodic pension cost for the three months ended March 31, 2013 and 2012 are as follows:

 

 

 

U.S.

 

Non-U.S.

 

 

 

2013

 

2012

 

2013

 

2012

 

Service cost

 

$

7

 

$

7

 

$

8

 

$

7

 

Interest cost

 

27

 

28

 

17

 

19

 

Expected asset return

 

(46

)

(46

)

(23

)

(22

)

 

 

 

 

 

 

 

 

 

 

Amortization:

 

 

 

 

 

 

 

 

 

Actuarial loss

 

28

 

24

 

8

 

5

 

 

 

 

 

 

 

 

 

 

 

Net periodic pension cost

 

$

16

 

$

13

 

$

10

 

$

9

 

 

The U.S. pension expense excludes $8 million of special termination benefits that were recorded in discontinued operations in 2013.

 

The components of the net postretirement benefit cost for the three months ended March 31, 2013 and 2012 are as follows:

 

 

 

U.S.

 

Non-U.S.

 

 

 

2013

 

2012

 

2013

 

2012

 

Service cost

 

$

 

$

1

 

$

 

$

 

Interest cost

 

1

 

2

 

1

 

1

 

 

 

 

 

 

 

 

 

 

 

Amortization:

 

 

 

 

 

 

 

 

 

Prior service credit

 

(1

)

(1

)

 

 

 

 

Actuarial loss

 

2

 

1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net amortization

 

1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net postretirement benefit cost

 

$

2

 

$

3

 

$

1

 

$

1