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Employee Benefits (Tables)

6 Months Ended

Jun. 30, 2023

Schedule Of Net Pension Cost (Benefit) for All Funded and Unfunded Plans

The components of net pension cost (benefit) for all funded and unfunded plans are recorded in Other expense and are summarized in the following table. For more information on our Pension Plans and Other Postretirement Benefit Plans, see Note 18 (“Employee Benefits”) beginning on page 157 of our 2022 Form 10-K.


	Three months ended June 30,				Six months ended June 30,
Dollars in millions	2023		2022		2023		2022
Interest cost on PBO	$	11	$	6	$	22	$	13
Expected return on plan assets	(10)		(6)		(21)		(13)
Amortization of losses	2		3		5		7
Settlement loss	—		—		—		—
Net pension cost	$	3	$	3	$	6	$	7