Pension and Other Postretirement Benefits (Tables)

6 Months Ended

Jun. 30, 2024

Retirement Benefits [Abstract]

Schedule of Components of Net Periodic Cost (Benefit)

The components of net periodic cost (benefit) were as follows:

	Second quarter ended				Six months ended
	June 30,				June 30,
	2024		2023		2024		2023
Pension benefits
Service cost	$	—	$	1	$	1	$	2
Interest cost	19		20		38		40
Expected return on plan assets	(17)		(18)		(35)		(37)
Recognized net actuarial loss	8		7		16		14
Settlements	—		3		—		3
Net periodic cost(1)	$	10	$	13	$	20	$	22
Other postretirement benefits
Service cost	$	—	$	—	$	—	$	—
Interest cost	2		1		3		3
Recognized net actuarial gain	—		—		(1)		(1)
Amortization of prior service benefit	(3)		(2)		(5)		(4)
Net periodic benefit(1)	$	(1)	$	(1)	$	(3)	$	(2)

 

(1)Service cost was included within Cost of goods sold and Selling, general administrative, and other expenses; settlements were included in Restructuring and other charges; all other cost components were recorded in Other expense (income), net in the Statement of Consolidated Operations.