The following table sets forth the benefit obligation, fair value of plan assets, the funded status and the accumulated benefit obligation of our defined benefit pension and postretirement benefit plans at December 31 (in millions):
Domestic Pension Benefits |
Foreign Pension Benefits |
Postretirement Benefits |
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2013 | 2012 | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||||
Change in Benefit Obligation |
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Benefit obligation at beginning of year |
$ | 23 | $ | 20 | $ | 232 | $ | 206 | $ | 20 | $ | 20 | ||||||||||||
Service cost |
— | — | — | — | — | — | ||||||||||||||||||
Interest cost |
1 | 1 | 8 | 10 | 1 | 1 | ||||||||||||||||||
Actuarial loss (gain) |
(2 | ) | 3 | (19 | ) | 19 | (2 | ) | — | |||||||||||||||
Effect of foreign exchange rates |
— | — | 2 | 4 | — | — | ||||||||||||||||||
Plan participant contributions |
— | — | — | — | 1 | 1 | ||||||||||||||||||
Benefits paid |
(1 | ) | (1 | ) | (7 | ) | (7 | ) | (2 | ) | (2 | ) | ||||||||||||
Other |
— | — | — | — | — | — | ||||||||||||||||||
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Benefit obligation at end of year |
$ | 21 | $ | 23 | $ | 216 | $ | 232 | $ | 18 | $ | 20 | ||||||||||||
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Change in Plan Assets |
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Fair value of plan assets at beginning of year |
$ | — | $ | — | $ | 217 | $ | 190 | $ | — | $ | — | ||||||||||||
Actual return on plan assets, net of expenses |
— | — | 11 | 19 | — | — | ||||||||||||||||||
Employer contribution |
1 | 1 | 12 | 11 | 1 | 1 | ||||||||||||||||||
Plan participant contributions |
— | — | — | — | 1 | 1 | ||||||||||||||||||
Effect of foreign exchange rates |
— | — | 2 | 4 | — | — | ||||||||||||||||||
Benefits paid |
(1 | ) | (1 | ) | (7 | ) | (7 | ) | (2 | ) | (2 | ) | ||||||||||||
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Fair value of plan assets at end of year |
$ | — | $ | — | $ | 235 | $ | 217 | $ | — | $ | — | ||||||||||||
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Overfunded (underfunded) funded status |
$ | (21 | ) | $ | (23 | ) | $ | 19 | $ | (15 | ) | $ | (18 | ) | $ | (20 | ) | |||||||
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Accumulated benefit obligation |
$ | 21 | $ | 23 | $ | 216 | $ | 232 | n/a | n/a | ||||||||||||||
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Plans with Accumulated Benefit Obligations in excess of Plan Assets |
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Projected benefit obligation |
$ | 21 | $ | 23 | $ | 142 | $ | 158 | n/a | n/a | ||||||||||||||
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Accumulated benefit obligation |
$ | 21 | $ | 23 | $ | 142 | $ | 157 | n/a | n/a | ||||||||||||||
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Fair value of plan assets |
$ | — | $ | — | $ | 134 | $ | 121 | n/a | n/a | ||||||||||||||
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