Pension and Other Postretirement Benefits (Tables)

9 Months Ended

Sep. 30, 2024

Retirement Benefits [Abstract]

Schedule of Components of Net Periodic Cost (Benefit)

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

	Third quarter ended				Nine months ended
	September 30,				September 30,
	2024		2023		2024		2023
Pension benefits
Service cost	$	1	$	—	$	2	$	2
Interest cost	18		20		56		60
Expected return on plan assets	(17)		(18)		(52)		(55)
Recognized net actuarial loss	9		7		25		21
Settlements	—		2		—		5
Net periodic cost(1)	$	11	$	11	$	31	$	33
Other postretirement benefits
Service cost	$	—	$	1	$	—	$	1
Interest cost	1		2		4		5
Recognized net actuarial gain	(1)		(1)		(2)		(2)
Amortization of prior service benefit	(2)		(3)		(7)		(7)
Net periodic benefit(1)	$	(2)	$	(1)	$	(5)	$	(3)

 

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