XML 39 R27.htm IDEA: XBRL DOCUMENT v3.22.1
Pension and Other Postretirement Healthcare Benefits
 3 Months Ended
Mar. 31, 2022
Retirement Benefits [Abstract]  
Pension and Other Postretirement Healthcare Benefits Pension and Other Postretirement Healthcare Benefits
The components of net periodic cost associated with our U.S. and foreign pension plans recognized in the unaudited Condensed Consolidated Statements of Income were as follows:
Pensions
Three Months Ended March 31,
20222021
Net periodic cost:
Service cost$1 $1 
Interest cost4 3 
Expected return on plan assets(6)(6)
Net amortization of actuarial loss and prior service credit1 1 
Total net periodic cost$— $(1)
The components of net periodic cost associated with our postretirement healthcare plans recognized in the unaudited Condensed Consolidated Statements of Income were as follows:
Other Postretirement Benefit Plans(1)
Three Months Ended March 31,
20222021
Net periodic cost:
Service cost$— $— 
Interest cost1 — 
Expected return on plan assets— — 
Net amortization of actuarial loss and prior service credit— — 
Total net periodic cost$1 $— 
(1) The components of net periodic cost associated with our other postretirement healthcare plans were less than $1 million for the three months ended March 31, 2021.
During the three months ended March 31, 2022, the Company made contributions to its pension plans of $1 million. The Company expects to make less than $1 million of pension contributions for the remainder of 2022.
For the three months ended March 31, 2022 and 2021, we contributed $1 million and $1 million, respectively, to the Netherlands Multiemployer Plan, which was primarily recognized in “Cost of goods sold” in the unaudited Condensed Consolidated Statement of Income.