Retirement Benefits (Tables)

6 Months Ended

Jun. 30, 2022

Retirement Benefits [Abstract]

Defined Benefit Plans - Expense

The pre-tax net periodic benefit cost/(income) for our defined benefit pension and OPEB plans for the periods ended June 30 were as follows (in millions):

	Second Quarter
	Pension Benefits
	U.S. Plans				Non-U.S. Plans				Worldwide OPEB
	2021		2022		2021		2022		2021		2022
Service cost	$	127	$	125	$	139	$	107	$	12	$	11
Interest cost	239		264		109		133		32		37
Expected return on assets	(664)		(643)		(284)		(259)		—		—
Amortization of prior service costs/(credits)	—		1		7		5		(3)		—
Net remeasurement (gain)/loss	(182)		—		(81)		16		—		—
Separation programs/other	3		7		47		10		—		(1)
Settlements and curtailments	10		—		(1)		—		—		—
Net periodic benefit cost/(income)	$	(467)	$	(246)	$	(64)	$	12	$	41	$	47
	First Half
	Pension Benefits
	U.S. Plans				Non-U.S. Plans				Worldwide OPEB
	2021		2022		2021		2022		2021		2022
Service cost	$	265	$	250	$	283	$	218	$	24	$	21
Interest cost	462		527		208		267		64		74
Expected return on assets	(1,366)		(1,285)		(569)		(527)		—		—
Amortization of prior service costs/(credits)	1		1		12		12		(6)		(1)
Net remeasurement (gain)/loss	241		—		(565)		16		—		—
Separation programs/other	5		11		84		17		—		(1)
Settlements and curtailments	49		—		—		—		—		—
Net periodic benefit cost/(income)	$	(343)	$	(496)	$	(547)	$	3	$	82	$	93