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Employee Retirement Plans (Tables)
12 Months Ended
Dec. 31, 2024
Retirement Benefits [Abstract]  
Pension and Other Postretirement Plans, Policy [Policy Text Block]
We also sponsor a voluntary 401(k) Retirement Savings Plan for eligible employees. We match 200 percent of employee elective deferrals for the first two percent of employee eligible compensation and 50 percent of employee elective deferrals greater than two percent, but not exceeding six percent, of employee eligible compensation. Total expense for our matching contributions to the plan was $147 million in 2024, $135 million in 2023 and $123 million in 2022.
Schedule of Accumulated Benefit Obligations in Excess of Fair Value of Plan Assets [Table Text Block] The outstanding obligation is as follows:
 As of December 31, 2024
(in millions)
Accumulated Benefit Obligation (ABO)Projected
Benefit
Obligation (PBO)
Fair value of Plan AssetsUnfunded/Underfunded
PBO Recognized
Domestic Retirement Plans$56 $60 $— $60 
Other International Retirement Plans150 167 100 67 
 $206 $227 $100 $127 

 As of December 31, 2023
(in millions)
Accumulated Benefit Obligation (ABO)Projected
Benefit
Obligation (PBO)
Fair value of Plan AssetsUnfunded/Underfunded PBO Recognized
Domestic Retirement Plans$54 $59 $— $59 
Other International Retirement Plans145 159 101 58 
 $199 $218 $101 $117 
Schedule of Changes in Projected Benefit Obligations [Table Text Block]
A reconciliation of the changes in the PBO for our retirement plans is as follows:
 Year Ended December 31,
(in millions)20242023
Beginning obligations$218 $207 
Service costs10 10 
Interest costs
Actuarial (gain) loss10 (4)
Plan curtailments/settlements— (0)
Plan amendments and assumption changes
Benefits paid(10)(10)
Impact of foreign currency fluctuations(11)
Ending obligation$227 $218 
Schedule of Defined Benefit Plans Disclosures [Table Text Block]
The critical assumptions associated with our employee retirement plans for 2024 are as follows:
Weighted Average Discount RateWeighted Average Expected Return
Weighted Average Rate of Compensation Increase(1)
Domestic Retirement Plans5.28%n/a2.00%
Other International Retirement Plans2.50%2.76%3.25%
(1) Rates of compensation increase were not weighted by relative fair value. As such, the amount represents the median of the inputs and is not a weighted average.
The critical assumptions associated with our employee retirement plans for 2023 are as follows:
Weighted Average Discount RateWeighted Average Expected Return
Weighted Average Rate of Compensation Increase(1)
Domestic Retirement Plans4.89%n/a2.00%
Other International Retirement Plans2.85%2.66%3.00%
(1) Rates of compensation increase were not weighted by relative fair value. As such, the amount represents the median of the inputs and is not a weighted average.
Schedule of Changes in Fair Value of Plan Assets [Table Text Block]
A reconciliation of the changes in the fair value of plan assets for our funded retirement plans is as follows:
 Year Ended December 31,
(in millions)20242023
Beginning fair value$101 $101 
Actual return on plan assets(1)
Employer contributions11 11 
Participant contributions
Plan curtailments/settlements— (0)
Actuarial gain (loss)(0)
Benefits paid(10)(10)
Impact of foreign currency fluctuations(8)
Ending fair value$100 $101 
Schedule of Expected Benefit Payments Benefit payments expected to be paid during the next ten years for our Domestic Retirement Plans and our Other International Retirement Plans are as follows:
(in millions)Post Retirement Benefits
2025$20 
202612 
202715 
202814 
202910 
2030 - 203476