Pension and Other Postretirement Benefits (Tables)

6 Months Ended

Jun. 30, 2023

Retirement Benefits [Abstract]

Components of Net Periodic Benefit Cost

The components of net periodic benefit cost were as follows:

	Second quarter ended June 30,						Six months ended June 30,
Pension benefits	2023			2022			2023			2022
Service cost	$	3		$	4		$	5		$	7
Interest cost(1)		29			27			60			54
Expected return on plan assets(1)		(37	)		(44	)		(76	)		(88	)
Recognized net actuarial loss(1)		7			27			14			55
Settlements(2)		21			—			21			—
Net periodic benefit cost	$	23		$	14		$	24		$	28

	Second quarter ended June 30,						Six months ended June 30,
Other postretirement benefits	2023			2022			2023			2022
Service cost	$	1		$	1		$	2		$	2
Interest cost(1)		7			4			13			8
Recognized net actuarial loss(1)		1			5			2			9
Amortization of prior service benefit(1)		(4	)		(4	)		(7	)		(7	)
Net periodic benefit cost	$	5		$	6		$	10		$	12

(1)These amounts were reported in Other expenses (income), net on the accompanying Statement of Consolidated Operations (see Note R).

These amounts were reported in Restructuring and other charges, net on the accompanying Statements of Consolidated Operations (see Note D) and Cash Flows.

Summary of Information in Curtailment or Settlement of Benefits Requiring Remeasurement, Update to Discount Rates Used to Determine Benefit Obligations of Affected Plans

Action #	Number of affected plan participants	Weighted average discount rate as of prior plan remeasurement date	Plan remeasurement date	Weighted average discount rate as of plan remeasurement date	Increase to accrued pension benefits liability		Decrease to other noncurrent assets			Decrease to accrued other postretirement benefits liability			Settlement loss(1)
1	~370	5.58%	March 31, 2023	5.20%	$	15	$	—		$	(9	)	$	—
2	~530	5.20%	April 30, 2023	4.80%	$	22	$	(5	)	$	—		$	21

(1)These amounts represent the net actuarial loss and were reclassified from Accumulated other comprehensive loss to Restructuring and other charges, net (see Note D) on the accompanying Statement of Consolidated Operations.