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Benefit Obligations (Tables)
9 Months Ended
Sep. 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 September 30, Nine Months Ended September 30,
2024202320242023
Pension
Benefits
Post-retirement
Benefits
Pension
Benefits
Post-retirement
Benefits
Pension
Benefits
Post-retirement
Benefits
Pension
Benefits
Post-retirement
Benefits
(In $ millions)
Service cost— 10 — 
Interest cost31 — 32 94 98 
Expected return on plan assets
(34)— (32)— (102)— (98)— 
Total— 
Schedule of Company Commitments to Fund Benefit Obligations
Benefit obligation funding is as follows:
As of
September 30,
2024
Total
Expected
2024
(In $ millions)
Cash contributions to defined benefit pension plans21 29 
Benefit payments to nonqualified pension plans15 19 
Benefit payments to other postretirement benefit plans
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 September 30, 2024As of December 31, 2023
Pension
Benefits
Post-retirement
Benefits
Pension
Benefits
Post-retirement
Benefits
(In $ millions)
Noncurrent Other assets182 — 166 — 
Current Other liabilities(22)(3)(22)(3)
Benefit obligations(399)(36)(415)(37)
Net amount recognized(239)(39)(271)(40)