XML 27 R14.htm IDEA: XBRL DOCUMENT v3.26.1
Retirement and Other Postretirement Benefits
 3 Months Ended
Mar. 31, 2026
Retirement Benefits [Abstract]  
Retirement and Other Postretirement Benefits Retirement and Other Postretirement Benefits
The components of net periodic cost (benefit) were as follows:
First quarter ended
 March 31,
20262025
Pension benefits
Service cost$— $1 
Interest cost16 19 
Expected return on plan assets(14)(17)
Recognized net actuarial loss9 7 
Net periodic cost(1)
$11 $10 
Other postretirement benefits  
Service cost$— $— 
Interest cost1 1 
Recognized net actuarial gain(2)(2)
Amortization of prior service benefit(2)(2)
Net periodic benefit(1)
$(3)$(3)
(1)Service cost was included within Cost of goods sold; all other cost components were recorded in Other expense, net in the Statement of Consolidated Operations.
For the first quarter ended March 31, 2026 and March 31, 2025, Howmet’s combined pension contributions and other postretirement benefit payments were approximately $3 and $1, respectively.