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Employee Benefit Plans
9 Months Ended
Sep. 30, 2023
Retirement Benefits [Abstract]  
EMPLOYEE BENEFIT PLANS
9. EMPLOYEE BENEFIT PLANS

Components of net periodic benefit cost (income) of the pension plans for the three months ended September 30 were as follows:
In millionsU.S. Pension BenefitsInternational Pension BenefitsTotal Pension Benefits
202320222023202220232022
Net service cost$ $— $1 $$1 $
Interest cost17 10 8 25 13 
Expected return on plan assets(16)(17)(8)(6)(24)(23)
Amortization of prior service cost —  —  — 
Actuarial loss (gain)24 — (5)— 19 — 
Net periodic benefit cost (income)$25 $(7)$(4)$(2)$21 $(9)
Components of net periodic benefit cost (income) of the pension plans for the nine months ended September 30 were as follows:
In millionsU.S. Pension BenefitsInternational Pension BenefitsTotal Pension Benefits
202320222023202220232022
Net service cost$ $— $3 $$3 $
Interest cost53 30 22 75 39 
Expected return on plan assets(49)(50)(25)(20)(74)(70)
Amortization of prior service cost —  —  — 
Actuarial loss (gain)24 — (5)— 19 — 
Net periodic benefit cost (income)$28 $(20)$(5)$(8)$23 $(28)

Prior to the Spin-Off, whereby Atleos assumed the U.S. and certain international pension plan assets and liabilities, the pension plans were remeasured, resulting in actuarial losses (gains) of $19 million being recognized during the three and nine months ended September 30, 2023.
Components of the benefit from the postretirement plan for the following periods were:
In millionsThree months ended September 30Nine months ended September 30
2023202220232022
Interest cost$ $— $ $— 
Amortization of:
   Prior service benefit —  — 
   Actuarial loss  
Net postretirement benefit$ $$ $
Components of the net cost of the postemployment plan for the following periods were:
Three months ended September 30Nine months ended September 30
In millions2023202220232022
Net service cost$3 $$9 $57 
Interest cost1 4 
Amortization of:
   Prior service benefit — (1)(1)
   Actuarial gain (1)(2)(1)
Net benefit cost$4 $$10 $57 
                

Employer Contributions

Pension For the three and nine months ended September 30, 2023, the Company contributed $5 million and $13 million respectively, to its international pension plans. The Company anticipates contributing an additional $4 million to its international pension plans for a total of $17 million in 2023. For the three and nine months ended September 30, 2023, the Company contributed $6 million to its U.S. pension plan. In October 2023, the Company contributed an additional $8 million to its U.S. pension plan. In accordance with the Employee Matters Agreement, Atleos will make an additional $136 million contribution to the U.S. pension plan following the Spin-Off for total contributions of $150 million in 2023. Following the Spin-Off, Atleos assumed the U.S. and certain international pension plan assets and liabilities, along with the associated deferred costs in accumulated other comprehensive loss, which were previously sponsored by the Company. Pursuant to the terms of the Spin-Off transaction documents, the Company is required to contribute 50% of the annual costs of the U.S. pension plan to Atleos to the extent Atleos contributes more than $40 million on an annual basis beginning with the plan year ending December 31, 2024.

Postretirement For the three and nine months ended September 30, 2023, the Company made no contributions to its U.S. postretirement plan. The Company anticipates contributing an additional $2 million to its U.S. postretirement plan for a total of $2 million in 2023.
Postemployment For the three and nine months ended September 30, 2023, the Company contributed $7 million and $30 million, respectively, to its postemployment plan. The Company anticipates contributing an additional $45 million to its postemployment plan for a total of $75 million in 2023.