ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾

Quarterly report pursuant to Section 13 or 15(d)

EMPLOYEE BENEFIT PLANS

v3.20.2
EMPLOYEE BENEFIT PLANS
 6 Months Ended
Jun. 30, 2020
EMPLOYEE BENEFIT PLANS Ìý
EMPLOYEE BENEFIT PLANS

12. EMPLOYEE BENEFIT PLANS

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Components of the net periodic benefit costs from continuing operations for the three and six months ended June 30, 2020 and 2019 were as follows (dollars in millions):

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�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

OtherÌýPostretirement

�

�

DefinedÌýBenefitÌýPlans

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BenefitÌýPlans

�

�

ThreeÌýmonths

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ThreeÌýmonths

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�

ended

�

ended

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�

JuneÌý30,Ìý

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JuneÌý30,Ìý

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ÌýÌýÌýÌý

2020

ÌýÌýÌýÌý

2019

ÌýÌýÌýÌý

2020

ÌýÌýÌýÌý

2019

Service cost

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$

12

�

$

12

�

$

1

�

$

1

Interest cost

�

�

16

�

�

20

�

�

�

�

�

�

Expected return on assets

�

�

(42)

�

�

(39)

�

�

�

�

�

�

Amortization of prior service benefit

�

�

(1)

�

�

(1)

�

�

(1)

�

�

(1)

Amortization of actuarial loss

�

�

19

�

�

17

�

�

�

�

�

�

Net periodic benefit cost

�

$

4

�

$

9

�

$

�

�

$

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

OtherÌýPostretirement

�

�

DefinedÌýBenefitÌýPlans

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BenefitÌýPlans

�

�

SixÌýmonths

�

SixÌýmonths

�

�

ended

�

ended

�

�

JuneÌý30,Ìý

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JuneÌý30,Ìý

�

ÌýÌýÌýÌý

2020

ÌýÌýÌýÌý

2019

ÌýÌýÌýÌý

2020

ÌýÌýÌýÌý

2019

Service cost

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$

26

�

$

25

�

$

1

�

$

1

Interest cost

�

�

31

�

�

40

�

�

1

�

�

1

Expected return on assets

�

�

(85)

�

�

(78)

�

�

�

�

�

�

Amortization of prior service benefit

�

�

(3)

�

�

(3)

�

�

(2)

�

�

(2)

Amortization of actuarial loss

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�

39

�

�

34

�

�

�

�

�

�

Net periodic benefit cost

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$

8

�

$

18

�

$

�

�

$

�

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�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

OtherÌýPostretirement

�

�

DefinedÌýBenefitÌýPlans

�

BenefitÌýPlans

�

�

ThreeÌýmonths

�

ThreeÌýmonths

�

�

ended

�

ended

�

�

JuneÌý30,Ìý

�

JuneÌý30,Ìý

�

ÌýÌýÌýÌý

2020

ÌýÌýÌýÌý

2019

ÌýÌýÌýÌý

2020

ÌýÌýÌýÌý

2019

Service cost

�

$

12

�

$

12

�

$

1

�

$

1

Interest cost

�

�

16

�

�

20

�

�

�

�

�

�

Expected return on assets

�

�

(42)

�

�

(39)

�

�

�

�

�

�

Amortization of prior service benefit

�

�

(1)

�

�

(1)

�

�

(1)

�

�

(1)

Amortization of actuarial loss

�

�

20

�

�

19

�

�

�

�

�

�

Net periodic benefit cost

�

$

5

�

$

11

�

$

�

�

$

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

�

OtherÌýPostretirement

�

�

DefinedÌýBenefitÌýPlans

�

BenefitÌýPlans

�

�

Six months

�

Six months

�

�

ended

�

ended

�

�

JuneÌý30,Ìý

�

JuneÌý30,Ìý

�

ÌýÌýÌýÌý

2020

ÌýÌýÌýÌý

2019

ÌýÌýÌýÌý

2020

ÌýÌýÌýÌý

2019

Service cost

�

$

26

�

$

25

�

$

1

�

$

1

Interest cost

�

�

31

�

�

40

�

�

1

�

�

1

Expected return on assets

�

�

(85)

�

�

(78)

�

�

�

�

�

�

Amortization of prior service benefit

�

�

(3)

�

�

(3)

�

�

(2)

�

�

(2)

Amortization of actuarial loss

�

�

41

�

�

36

�

�

�

�

�

�

Net periodic benefit cost

�

$

10

�

$

20

�

$

�

�

$

�

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During the six months ended June 30, 2020 and 2019, we made contributions to our pension and other postretirement benefit plans of $46 million and $38 million, respectively. During the remainder of 2020, we expect to contribute an additional amount of approximately $41Ìýmillion to these plans.