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Pension and Other Postretirement Employee Benefit Plans
6 Months Ended
Jun. 30, 2022
Retirement Benefits [Abstract]  
Pension and Other Postretirement Employee Benefit Plans Pension and other postretirement employee benefit plansRefer to Note 8 of JPMorgan Chase’s 2021 Form 10-K for a discussion of JPMorgan Chase’s pension and OPEB plans.
The following table presents the net periodic benefit costs reported in the Consolidated statements of income for the Firm’s defined benefit pension, defined contribution and OPEB plans.
(in millions)Three months ended June 30,Six months ended June 30,
2022202120222021
Pension and OPEB plansPension and OPEB plans
Total net periodic defined benefit plan cost/(credit)$(75)$(60)$(139)$(119)
Total defined contribution plans
357 350 701 671 
Total pension and OPEB cost included in noninterest expense
$282 $290 $562 $552 
At June 30, 2022 and December 31, 2021, the fair values of plan assets for the Firm’s defined benefit pension and OPEB plans were $20.9 billion and $25.7 billion, respectively.