Benefit Obligations (Tables)

6 Months Ended

Jun. 30, 2024

Retirement Benefits [Abstract]

Schedule of Net Periodic Benefit Costs Recognized

The components of net periodic benefit cost are as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
	Pension Benefits	Post-retirement Benefits	Pension Benefits	Post-retirement Benefits	Pension Benefits	Post-retirement Benefits	Pension Benefits	Post-retirement Benefits
	(In $ millions)
Service cost	4	—	2	—	7	—	6	—
Interest cost	32	—	34	1	63	1	66	1
Expected return on plan assets	(34)	—	(33)	—	(68)	—	(66)	—
Total	2	—	3	1	2	1	6	1

Schedule of Company Commitments to Fund Benefit Obligations

Benefit obligation funding is as follows:

	As of June 30, 2024	Total Expected 2024
	(In $ millions)
Cash contributions to defined benefit pension plans	13	29
Benefit payments to nonqualified pension plans	10	19
Benefit payments to other postretirement benefit plans	2	3

Schedule of Defined Benefit Plans Disclosures

Pension and postretirement benefit plan balances recognized in the unaudited consolidated balance sheets consist of the following:

	As of June 30, 2024		As of December 31, 2023
	Pension Benefits	Post-retirement Benefits	Pension Benefits	Post-retirement Benefits
	(In $ millions)
Noncurrent Other assets	170	—	166	—
Current Other liabilities	(22)	(3)	(22)	(3)
Benefit obligations	(394)	(36)	(415)	(37)
Net amount recognized	(246)	(39)	(271)	(40)