XML 45 R35.htm IDEA: XBRL DOCUMENT v3.23.3
Pension, Savings and Other Postretirement Benefit Plans (Tables)
9 Months Ended
Sep. 30, 2023
Retirement Benefits [Abstract]  
Defined Benefit Pension Cost

Defined benefit pension cost follows:

 

 

 

U.S.

 

 

U.S.

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

(In millions)

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Service cost

 

$

2

 

 

$

3

 

 

$

6

 

 

$

10

 

Interest cost

 

 

47

 

 

 

36

 

 

 

148

 

 

 

96

 

Expected return on plan assets

 

 

(57

)

 

 

(55

)

 

 

(175

)

 

 

(160

)

Amortization of net losses

 

 

25

 

 

 

25

 

 

 

74

 

 

 

76

 

Net periodic pension cost

 

$

17

 

 

$

9

 

 

$

53

 

 

$

22

 

Net curtailments/settlements/termination benefits

 

 

 

 

 

10

 

 

 

33

 

 

 

28

 

Total defined benefit pension cost

 

$

17

 

 

$

19

 

 

$

86

 

 

$

50

 

 

 

 

 

Non-U.S.

 

 

Non-U.S.

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

(In millions)

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Service cost

 

$

5

 

 

$

6

 

 

$

14

 

 

$

18

 

Interest cost

 

 

27

 

 

 

14

 

 

 

81

 

 

 

46

 

Expected return on plan assets

 

 

(23

)

 

 

(16

)

 

 

(69

)

 

 

(51

)

Amortization of prior service cost

 

 

 

 

 

1

 

 

 

1

 

 

 

2

 

Amortization of net losses

 

 

3

 

 

 

5

 

 

 

12

 

 

 

16

 

Net periodic pension cost

 

$

12

 

 

$

10

 

 

$

39

 

 

$

31

 

Net curtailments/settlements/termination benefits

 

 

4

 

 

 

 

 

 

7

 

 

 

 

Total defined benefit pension cost

 

$

16

 

 

$

10

 

 

$

46

 

 

$

31