| | | | | | | | | | | | | (Dollars in millions) | | U.S. Plan | | Non-U.S. Plans | For the three months ended June 30: | | 2021 | | 2020 | | 2021 | | 2020 | Service cost | | $ | 2 | | $ | 2 | | $ | 1 | | $ | 1 | Interest cost (1) | | | 16 | | | 26 | | | 8 | | | 8 | Expected return on plan assets (1) | | | — | | | — | | | (1) | | | (1) | Amortization of prior service costs/(credits) (1) | | | 1 | | | 1 | | | 0 | | | 0 | Recognized actuarial losses (1) | | | 13 | | | 7 | | | 4 | | | 5 | Curtailments and settlements (1) | | | — | | | — | | | 0 | | | — | Total nonpension postretirement plans cost recognized in the Consolidated Income Statement | | $ | 32 | | $ | 36 | | $ | 13 | | $ | 14 |
| | | | | | | | | | | | | (Dollars in millions) | | U.S. Plan | | Non-U.S. Plans | For the six months ended June 30: | | 2021 | | 2020 | | 2021 | | 2020 | Service cost | | $ | 4 | | $ | 4 | | $ | 2 | | $ | 3 | Interest cost (1) | | | 32 | | | 51 | | | 16 | | | 18 | Expected return on plan assets (1) | | | — | | | — | | | (2) | | | (2) | Amortization of prior service costs/(credits) (1) | | | 2 | | | 2 | | | 0 | | | 0 | Recognized actuarial losses (1) | | | 26 | | | 15 | | | 8 | | | 11 | Curtailments and settlements (1) | | | — | | | — | | | 0 | | | 0 | Total nonpension postretirement plans cost recognized in Consolidated Income Statement | | $ | 64 | | $ | 72 | | $ | 25 | | $ | 29 |
(1) These components of net periodic pension cost are included in other (income) and expense in the Consolidated Income Statement. The company does not anticipate any significant changes to the expected plan contributions in 2021 from the amounts disclosed in the 2020 Annual Report.
|