v3.4.0.3
Employee Benefit Plans
3 Months Ended
Mar. 31, 2016
Employee Benefit Plans  
Employee Benefit Plans

17. Employee Benefit Plans.

The Company sponsors various retirement plans for the majority of its U.S. and non-U.S. employees. The Company provides certain other postretirement benefits, primarily health care and life insurance, to eligible U.S. employees.

Components of Net Periodic Benefit Expense (Income) for Pension and Other Postretirement Plans.

Three Months Ended
March 31,
20162015
(dollars in millions)
Service cost, benefits earned during the period $4$5
Interest cost on projected benefit obligation 3839
Expected return on plan assets (30)(30)
Net amortization of prior service credit (4)(5)
Net amortization of actuarial loss 36
Net periodic benefit expense $11$15