12. EMPLOYEE BENEFIT PLANS
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Components of the net periodic benefit costs from continuing operations for the three and nine months ended September 30, 2021 and 2020 were as follows (dollars in millions):
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ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ Corporation
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Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Other Postretirement |
Ìý |
Ìý |
Ìý |
Defined Benefit Plans |
Ìý |
Ìý |
Benefit Plans |
Ìý |
Ìý |
Ìý |
Three months |
Ìý |
Ìý |
Three months |
Ìý |
Ìý |
Ìý |
ended |
Ìý |
Ìý |
ended |
Ìý |
Ìý |
Ìý |
September 30, |
Ìý |
Ìý |
September 30, |
Ìý |
Ìý |
Ìý |
2021 |
Ìý |
Ìý |
2020 |
Ìý |
Ìý |
2021 |
Ìý |
Ìý |
2020 |
Ìý |
Service cost |
Ìý |
$ |
13 |
Ìý |
Ìý |
$ |
13 |
Ìý |
Ìý |
$ |
1 |
Ìý |
Ìý |
$ |
� |
Ìý |
Interest cost |
Ìý |
Ìý |
13 |
Ìý |
Ìý |
Ìý |
15 |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
1 |
Ìý |
Expected return on assets |
Ìý |
Ìý |
(42 |
) |
Ìý |
Ìý |
(44 |
) |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Amortization of prior service benefit |
Ìý |
Ìý |
(2 |
) |
Ìý |
Ìý |
(2 |
) |
Ìý |
Ìý |
(1 |
) |
Ìý |
Ìý |
(2 |
) |
Amortization of actuarial loss |
Ìý |
Ìý |
23 |
Ìý |
Ìý |
Ìý |
21 |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
1 |
Ìý |
Net periodic benefit cost |
Ìý |
$ |
5 |
Ìý |
Ìý |
$ |
3 |
Ìý |
Ìý |
$ |
� |
Ìý |
Ìý |
$ |
� |
Ìý |
�
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Other Postretirement |
Ìý |
Ìý |
Ìý |
Defined Benefit Plans |
Ìý |
Ìý |
Benefit Plans |
Ìý |
Ìý |
Ìý |
Nine months |
Ìý |
Ìý |
Nine months |
Ìý |
Ìý |
Ìý |
ended |
Ìý |
Ìý |
ended |
Ìý |
Ìý |
Ìý |
September 30, |
Ìý |
Ìý |
September 30, |
Ìý |
Ìý |
Ìý |
2021 |
Ìý |
Ìý |
2020 |
Ìý |
Ìý |
2021 |
Ìý |
Ìý |
2020 |
Ìý |
Service cost |
Ìý |
$ |
41 |
Ìý |
Ìý |
$ |
39 |
Ìý |
Ìý |
$ |
1 |
Ìý |
Ìý |
$ |
1 |
Ìý |
Interest cost |
Ìý |
Ìý |
37 |
Ìý |
Ìý |
Ìý |
46 |
Ìý |
Ìý |
Ìý |
1 |
Ìý |
Ìý |
Ìý |
2 |
Ìý |
Expected return on assets |
Ìý |
Ìý |
(126 |
) |
Ìý |
Ìý |
(129 |
) |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Amortization of prior service benefit |
Ìý |
Ìý |
(5 |
) |
Ìý |
Ìý |
(5 |
) |
Ìý |
Ìý |
(3 |
) |
Ìý |
Ìý |
(4 |
) |
Amortization of actuarial loss |
Ìý |
Ìý |
69 |
Ìý |
Ìý |
Ìý |
60 |
Ìý |
Ìý |
Ìý |
1 |
Ìý |
Ìý |
Ìý |
1 |
Ìý |
Settlement loss |
Ìý |
Ìý |
3 |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Net periodic benefit cost |
Ìý |
$ |
19 |
Ìý |
Ìý |
$ |
11 |
Ìý |
Ìý |
$ |
� |
Ìý |
Ìý |
$ |
� |
Ìý |
Ìý
ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ International
�
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Other Postretirement |
Ìý |
Ìý |
Ìý |
Defined Benefit Plans |
Ìý |
Ìý |
Benefit Plans |
Ìý |
Ìý |
Ìý |
Three months |
Ìý |
Ìý |
Three months |
Ìý |
Ìý |
Ìý |
ended |
Ìý |
Ìý |
ended |
Ìý |
Ìý |
Ìý |
September 30, |
Ìý |
Ìý |
September 30, |
Ìý |
Ìý |
Ìý |
2021 |
Ìý |
Ìý |
2020 |
Ìý |
Ìý |
2021 |
Ìý |
Ìý |
2020 |
Ìý |
Service cost |
Ìý |
$ |
13 |
Ìý |
Ìý |
$ |
13 |
Ìý |
Ìý |
$ |
1 |
Ìý |
Ìý |
$ |
� |
Ìý |
Interest cost |
Ìý |
Ìý |
13 |
Ìý |
Ìý |
Ìý |
15 |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
1 |
Ìý |
Expected return on assets |
Ìý |
Ìý |
(42 |
) |
Ìý |
Ìý |
(44 |
) |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Amortization of prior service benefit |
Ìý |
Ìý |
(2 |
) |
Ìý |
Ìý |
(2 |
) |
Ìý |
Ìý |
(1 |
) |
Ìý |
Ìý |
(2 |
) |
Amortization of actuarial loss |
Ìý |
Ìý |
24 |
Ìý |
Ìý |
Ìý |
21 |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
1 |
Ìý |
Net periodic benefit cost |
Ìý |
$ |
6 |
Ìý |
Ìý |
$ |
3 |
Ìý |
Ìý |
$ |
� |
Ìý |
Ìý |
$ |
� |
Ìý |
�
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Other Postretirement |
Ìý |
Ìý |
Ìý |
Defined Benefit Plans |
Ìý |
Ìý |
Benefit Plans |
Ìý |
Ìý |
Ìý |
Nine months |
Ìý |
Ìý |
Nine months |
Ìý |
Ìý |
Ìý |
ended |
Ìý |
Ìý |
ended |
Ìý |
Ìý |
Ìý |
September 30, |
Ìý |
Ìý |
September 30, |
Ìý |
Ìý |
Ìý |
2021 |
Ìý |
Ìý |
2020 |
Ìý |
Ìý |
2021 |
Ìý |
Ìý |
2020 |
Ìý |
Service cost |
Ìý |
$ |
41 |
Ìý |
Ìý |
$ |
39 |
Ìý |
Ìý |
$ |
1 |
Ìý |
Ìý |
$ |
1 |
Ìý |
Interest cost |
Ìý |
Ìý |
37 |
Ìý |
Ìý |
Ìý |
46 |
Ìý |
Ìý |
Ìý |
1 |
Ìý |
Ìý |
Ìý |
2 |
Ìý |
Expected return on assets |
Ìý |
Ìý |
(126 |
) |
Ìý |
Ìý |
(129 |
) |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Amortization of prior service benefit |
Ìý |
Ìý |
(5 |
) |
Ìý |
Ìý |
(5 |
) |
Ìý |
Ìý |
(3 |
) |
Ìý |
Ìý |
(4 |
) |
Amortization of actuarial loss |
Ìý |
Ìý |
71 |
Ìý |
Ìý |
Ìý |
62 |
Ìý |
Ìý |
Ìý |
1 |
Ìý |
Ìý |
Ìý |
1 |
Ìý |
Settlement loss |
Ìý |
Ìý |
3 |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Ìý |
Ìý |
� |
Ìý |
Net periodic benefit cost |
Ìý |
$ |
21 |
Ìý |
Ìý |
$ |
13 |
Ìý |
Ìý |
$ |
� |
Ìý |
Ìý |
$ |
� |
Ìý |
Ìý
During the nine months ended September 30, 2021 and 2020, we made contributions to our pension and other postretirement benefit plans of $45Ìýmillion and $73Ìýmillion, respectively. During the remainder of 2021, we expect to contribute an additional amount of approximately $9 million to these plans.
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