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Note 14 - Retirement Plans and Other Postretirement Benefits (Tables)
9 Months Ended
Sep. 30, 2021
Compensation And Retirement Disclosure [Abstract]  
Component of the Net Periodic benefit Cost

 

Components of the net periodic benefit cost for all major U.S. and non-U.S. defined benefit plans are as follows:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

(in millions)

 

U.S.

 

 

Non-U.S.

 

 

U.S.

 

 

Non-U.S.

 

 

U.S.

 

 

Non-U.S.

 

 

U.S.

 

 

Non-U.S.

 

Major defined benefit

   plans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

3

 

 

$

1

 

 

$

2

 

 

$

1

 

 

$

8

 

 

$

3

 

 

$

8

 

 

$

3

 

Interest cost

 

 

12

 

 

 

2

 

 

 

21

 

 

 

2

 

 

 

36

 

 

 

4

 

 

 

64

 

 

 

6

 

Expected return on plan

   assets

 

 

(42

)

 

 

(4

)

 

 

(48

)

 

 

(5

)

 

 

(126

)

 

 

(11

)

 

 

(146

)

 

 

(14

)

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prior service credit

 

 

(2

)

 

 

 

 

 

(2

)

 

 

 

 

 

(5

)

 

 

 

 

 

(5

)

 

 

 

Actuarial loss

 

 

7

 

 

 

2

 

 

 

4

 

 

 

2

 

 

 

22

 

 

 

6

 

 

 

11

 

 

 

5

 

Net pension (income)

   expense before special

   termination benefits

 

 

(22

)

 

 

1

 

 

 

(23

)

 

 

 

 

 

(65

)

 

 

2

 

 

 

(68

)

 

 

 

Special termination benefits

 

 

 

 

 

 

 

 

1

 

 

 

 

 

 

 

 

 

 

 

 

2

 

 

 

 

Net pension (income)

   expense from major

   plans

 

 

(22

)

 

 

1

 

 

 

(22

)

 

 

 

 

 

(65

)

 

 

2

 

 

 

(66

)

 

 

 

Other plans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1

 

Total net pension (income)

   expense

 

$

(22

)

 

$

1

 

 

$

(22

)

 

$

 

 

$

(65

)

 

$

2

 

 

$

(66

)

 

$

1