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Pension, Savings and Other Postretirement Benefit Plans (Tables)
6 Months Ended
Jun. 30, 2023
Retirement Benefits [Abstract]  
Defined Benefit Pension Cost

Defined benefit pension cost follows:

 

 

 

U.S.

 

 

U.S.

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

(In millions)

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Service cost

 

$

2

 

 

$

4

 

 

$

4

 

 

$

7

 

Interest cost

 

 

52

 

 

 

29

 

 

 

101

 

 

 

60

 

Expected return on plan assets

 

 

(60

)

 

 

(53

)

 

 

(118

)

 

 

(105

)

Amortization of net losses

 

 

24

 

 

 

25

 

 

 

49

 

 

 

51

 

Net periodic pension cost

 

$

18

 

 

$

5

 

 

$

36

 

 

$

13

 

Net curtailments/settlements/termination benefits

 

 

33

 

 

 

18

 

 

 

33

 

 

 

18

 

Total defined benefit pension cost

 

$

51

 

 

$

23

 

 

$

69

 

 

$

31

 

 

 

 

 

Non-U.S.

 

 

Non-U.S.

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

(In millions)

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Service cost

 

$

4

 

 

$

6

 

 

$

9

 

 

$

12

 

Interest cost

 

 

27

 

 

 

16

 

 

 

54

 

 

 

32

 

Expected return on plan assets

 

 

(23

)

 

 

(17

)

 

 

(46

)

 

 

(35

)

Amortization of prior service cost

 

 

1

 

 

 

1

 

 

 

1

 

 

 

1

 

Amortization of net losses

 

 

4

 

 

 

5

 

 

 

9

 

 

 

11

 

Net periodic pension cost

 

$

13

 

 

$

11

 

 

$

27

 

 

$

21

 

Net curtailments/settlements/termination benefits

 

 

3

 

 

 

 

 

 

3

 

 

 

 

Total defined benefit pension cost

 

$

16

 

 

$

11

 

 

$

30

 

 

$

21