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Quarterly report pursuant to Section 13 or 15(d)

EMPLOYEE BENEFIT PLANS

v3.20.1
EMPLOYEE BENEFIT PLANS
 3 Months Ended
Mar. 31, 2020
EMPLOYEE BENEFIT PLANS Ìý
EMPLOYEE BENEFIT PLANS

11. EMPLOYEE BENEFIT PLANS

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Components of the net periodic benefit costs from continuing operations for the three months ended March 31, 2020 and 2019 were as follows (dollars in millions):

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ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ Corporation

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OtherÌýPostretirement

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DefinedÌýBenefitÌýPlans

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BenefitÌýPlans

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ThreeÌýmonths

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ThreeÌýmonths

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ended

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ended

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March 31,

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March 31,

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ÌýÌýÌýÌý

2020

ÌýÌýÌýÌý

2019

ÌýÌýÌýÌý

2020

ÌýÌýÌýÌý

2019

Service cost

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$

14

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$

13

�

$

�

�

$

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Interest cost

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�

15

�

�

20

�

�

1

�

�

1

Expected return on assets

�

�

(43)

�

�

(39)

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�

�

�

�

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Amortization of prior service benefit

�

�

(2)

�

�

(2)

�

�

(1)

�

�

(1)

Amortization of actuarial loss

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�

20

�

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17

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�

Net periodic benefit cost

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$

4

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$

9

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$

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$

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ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ International

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�

�

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�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

OtherÌýPostretirement

�

�

DefinedÌýBenefitÌýPlans

�

BenefitÌýPlans

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�

ThreeÌýmonths

�

ThreeÌýmonths

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�

ended

�

ended

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�

March 31,

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March 31,

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ÌýÌýÌýÌý

2020

ÌýÌýÌýÌý

2019

ÌýÌýÌýÌý

2020

ÌýÌýÌýÌý

2019

Service cost

�

$

14

�

$

13

�

$

�

�

$

�

Interest cost

�

�

15

�

�

20

�

�

1

�

�

1

Expected return on assets

�

�

(43)

�

�

(39)

�

�

�

�

�

�

Amortization of prior service benefit

�

�

(2)

�

�

(2)

�

�

(1)

�

�

(1)

Amortization of actuarial loss

�

�

21

�

�

18

�

�

�

�

�

�

Net periodic benefit cost

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$

5

�

$

10

�

$

�

�

$

�

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During both of the three months ended March 31, 2020 and 2019, we made contributions to our pension and other postretirement benefit plans of $20 million. During the remainder of 2020, we expect to contribute an additional amount of approximately $67Ìýmillion to these plans.