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Employee Benefits (Tables)
6 Months Ended
Jun. 30, 2023
Retirement Benefits [Abstract]  
Benefit or (Income) Cost Related to Pension and Postretirement Health Care and Life Insurance
The following table summarizes the components of net periodic benefit cost (income) related to our pension and postretirement health care and life insurance plans:
(dollars in millions)
PensionHealth Care and Life
Three Months Ended June 30,2023202220232022
Service cost - Cost of services$45 $58 $12 $20 
Service cost - Selling, general and administrative expense7 2 
Service cost$52 $66 $14 $24 
Amortization of prior service cost (credit)$28 $15 $(104)$(110)
Expected return on plan assets(253)(294)(8)(7)
Interest cost188 114 136 83 
Remeasurement loss, net 198  — 
Other components$(37)$33 $24 $(34)
Total$15 $99 $38 $(10)
(dollars in millions)
PensionHealth Care and Life
Six Months Ended June 30,2023202220232022
Service cost - Cost of services$91 $116 $23 $40 
Service cost - Selling, general and administrative expense14 16 4 
Service cost$105 $132 $27 $47 
Amortization of prior service cost (credit)$56 $30 $(209)$(313)
Expected return on plan assets(506)(591)(15)(14)
Interest cost376 224 272 166 
Remeasurement loss, net 198  — 
Other components$(74)$(139)$48 $(161)
Total$31 $(7)$75 $(114)