XML 264 R165.htm IDEA: XBRL DOCUMENT v3.25.0.1
Retirement-Related Benefits - Assumptions (Details)
2 Months Ended 4 Months Ended 5 Months Ended 7 Months Ended 8 Months Ended 10 Months Ended 12 Months Ended
Dec. 31, 2024
Dec. 31, 2024
Dec. 31, 2022
Dec. 31, 2022
Jul. 31, 2022
Aug. 31, 2024
Aug. 31, 2022
Oct. 29, 2024
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Pension Plan                        
Expected Long-Term Returns on Plan Assets                        
Period over which changes in fair value of plan assets recognized                   5 years    
Pension Plan | United States                        
Weighted-average assumptions used to measure net periodic (income)/cost for the year ended December 31                        
Discount rate                   5.00% 5.30% 3.30%
Expected long-term returns on plan assets                   5.08% 5.50% 4.33%
Rate of compensation increase                   5.00%    
Interest crediting rate                   3.80% 4.40% 2.07%
Weighted-average assumptions used to measure benefit obligations at December 31                        
Discount rate 5.50% 5.50% 5.30% 5.30%           5.50% 5.00% 5.30%
Rate of compensation increase 4.00% 4.00%               4.00% 5.00%  
Interest crediting rate 4.30% 4.30% 4.40% 4.40%           4.30% 3.80% 4.40%
Pension Plan | United States | Forecast                        
Weighted-average assumptions used to measure net periodic (income)/cost for the year ended December 31                        
Expected long-term returns on plan assets                 5.50%      
Pension Plan | Non-U.S. Plans                        
Weighted-average assumptions used to measure net periodic (income)/cost for the year ended December 31                        
Discount rate                   3.37% 3.80% 1.26%
Expected long-term returns on plan assets                   4.89% 4.44% 2.97%
Rate of compensation increase                   4.18% 4.00% 3.02%
Interest crediting rate                   0.28% 0.34% 0.26%
Weighted-average assumptions used to measure benefit obligations at December 31                        
Discount rate 3.61% 3.61% 3.80% 3.80%           3.61% 3.36% 3.80%
Rate of compensation increase 4.04% 4.04% 4.00% 4.00%           4.04% 4.18% 4.00%
Interest crediting rate 0.32% 0.32% 0.34% 0.34%           0.32% 0.28% 0.34%
Pension Plan | Non-U.S. Plans | Forecast                        
Weighted-average assumptions used to measure net periodic (income)/cost for the year ended December 31                        
Expected long-term returns on plan assets                 4.86%      
Pension Plan | Remeasurement Period One | United States                        
Weighted-average assumptions used to measure benefit obligations at December 31                        
Discount rate, pre-remeasurement adjustment           5.00% 2.60%          
Expected long-term returns on plan assets, pre-remeasurement adjustment           5.00% 4.00%          
Interest crediting rate, pre-remeasurement adjustment           3.80% 1.10%          
Discount rate, post-remeasurement adjustment   5.00% 4.70%                  
Expected long-term returns on plan assets, post-remeasurement adjustment   5.25% 5.00%                  
Interest crediting rate, post-remeasurement adjustment   3.80% 4.00%                  
Pension Plan | Remeasurement Period One | Non-U.S. Plans                        
Weighted-average assumptions used to measure benefit obligations at December 31                        
Discount rate, pre-remeasurement adjustment               4.60%        
Expected long-term returns on plan assets, pre-remeasurement adjustment               5.50%        
Discount rate, post-remeasurement adjustment 4.70%                      
Expected long-term returns on plan assets, post-remeasurement adjustment 4.50%                      
Other Postretirement Benefits Plan | United States                        
Weighted-average assumptions used to measure net periodic (income)/cost for the year ended December 31                        
Discount rate                   5.00% 5.30% 3.05%
Interest crediting rate                   3.80% 4.40% 2.16%
Weighted-average assumptions used to measure benefit obligations at December 31                        
Discount rate 5.30% 5.30% 5.30% 5.30%           5.30% 5.00% 5.30%
Interest crediting rate 4.30% 4.30% 4.40% 4.40%           4.30% 3.80% 4.40%
Other Postretirement Benefits Plan | Non-U.S. Plans                        
Weighted-average assumptions used to measure net periodic (income)/cost for the year ended December 31                        
Discount rate                   7.66% 7.25% 5.35%
Expected long-term returns on plan assets                   8.12% 8.05% 6.64%
Weighted-average assumptions used to measure benefit obligations at December 31                        
Discount rate 8.21% 8.21% 7.25% 7.25%           8.21% 7.66% 7.25%
Other Postretirement Benefits Plan | Remeasurement Period Two | United States                        
Weighted-average assumptions used to measure benefit obligations at December 31                        
Discount rate, pre-remeasurement adjustment         2.30%              
Interest crediting rate, pre-remeasurement adjustment         1.10%              
Discount rate, post-remeasurement adjustment       4.10%                
Interest crediting rate, post-remeasurement adjustment       3.65%                
Postretirement Health Coverage                        
Healthcare Cost Trend Rate                        
Health care cost trend rate assumed for next fiscal year 6.47% 6.47%               6.47%    
Ultimate healthcare cost trend rate (4.50%) (4.50%)               (4.50%)    
Period for ultimate trend rate                   14 years