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Pension and Other Postretirement Employee Benefit Plans
3 Months Ended
Mar. 31, 2023
Retirement Benefits [Abstract]  
Pension and Other Postretirement Employee Benefit Plans Pension and other postretirement employee benefit plans Refer to Note 8 of JPMorgan Chase’s 2022 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 March 31,
20232022
Pension and OPEB plans
Total net periodic defined benefit plan cost/(credit)$(94)$(64)
Total defined contribution plans
365 344 
Total pension and OPEB cost included in noninterest expense
$271 $280 
At March 31, 2023 and December 31, 2022, the fair values of plan assets for the Firm’s significant defined benefit pension and OPEB plans were $20.5 billion and $19.9 billion, respectively.