XML 44 R35.htm IDEA: XBRL DOCUMENT v3.24.3
Pension, Savings and Other Postretirement Benefit Plans (Tables)
9 Months Ended
Sep. 30, 2024
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)

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Service cost

 

$

2

 

 

$

2

 

 

$

6

 

 

$

6

 

Interest cost

 

 

44

 

 

 

47

 

 

 

131

 

 

 

148

 

Expected return on plan assets

 

 

(52

)

 

 

(57

)

 

 

(156

)

 

 

(175

)

Amortization of net losses

 

 

24

 

 

 

25

 

 

 

72

 

 

 

74

 

Net periodic pension cost

 

$

18

 

 

$

17

 

 

$

53

 

 

$

53

 

Net curtailments/settlements/termination benefits

 

 

 

 

 

 

 

 

(5

)

 

 

33

 

Total defined benefit pension cost

 

$

18

 

 

$

17

 

 

$

48

 

 

$

86

 

 

 

 

Non-U.S.

 

 

Non-U.S.

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

(In millions)

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Service cost

 

$

5

 

 

$

5

 

 

$

14

 

 

$

14

 

Interest cost

 

 

26

 

 

 

27

 

 

 

79

 

 

 

81

 

Expected return on plan assets

 

 

(23

)

 

 

(23

)

 

 

(68

)

 

 

(69

)

Amortization of prior service cost

 

 

 

 

 

 

 

 

1

 

 

 

1

 

Amortization of net losses

 

 

5

 

 

 

3

 

 

 

15

 

 

 

12

 

Net periodic pension cost

 

$

13

 

 

$

12

 

 

$

41

 

 

$

39

 

Net curtailments/settlements/termination benefits

 

 

 

 

 

4

 

 

 

 

 

 

7

 

Total defined benefit pension cost

 

$

13

 

 

$

16

 

 

$

41

 

 

$

46