Pension and Other Postretirement Benefits (Tables)

3 Months Ended

Mar. 31, 2022

Schedule of Components of Net Periodic Benefit Cost Classified as Direct Plans

The components of net periodic benefit cost for defined benefit plans were as follows:



First quarter ended March 31,	2022		2021
Pension benefits
Service cost	$	5	$	6
Interest cost	16		17
Expected return on plan assets	(24)		(33)
Recognized net actuarial loss	19		32
Settlements	1		—
Net periodic benefit cost(1)	$	17	$	22

Other postretirement benefits
Service cost	$	1	$	1
Interest cost	3		3
Recognized net actuarial loss	2		2
Amortization of prior service benefit	(2)		(1)
Net periodic benefit cost(1)	$	4	$	5

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(1) Service cost was included within Cost of goods sold, Settlements were included within Restructuring and other charges, and all other components were included in Other expenses, net on the accompanying Statement of Consolidated Operations.