XML 35 R24.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Retirement Programs (Tables)
 3 Months Ended
Mar. 31, 2024
Retirement Benefits [Abstract]  
Components of Net Pension and Postretirement Benefits
The components of net pension and postretirement benefits other than pensions (“OPEB”) costs for the three months ended March 31, 2024 and 2023 are shown below:
 Quarter Ended March 31,
(Millions of dollars)20242023
Amount recognized in Operating Profit
Service cost$21 $21 
Amount recognized in Net pension and OPEB cost (benefit), excluding service cost
Interest cost91 92 
Expected return on plan assets(138)(129)
Net amortization and deferral(3)(8)
(50)(45)
 Net periodic benefit cost (benefit)$(29)$(24)