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Pension and Other Postretirement Benefit Plans (Tables)
 12 Months Ended
Dec. 31, 2024
Retirement Benefits [Abstract]  
Schedule of Reconciliation of Benefit Obligations and Plan Assets The following table provides a reconciliation of benefit obligations and plan assets of the company’s domestic and non-U.S. pension plans:
 Domestic pension benefitsNon-U.S. pension benefits
(In millions)2024202320242023
Accumulated benefit obligation
$937 $1,005 $1,079 $1,166 
Change in projected benefit obligations
Projected benefit obligation at beginning of year
$1,005 $995 $1,221 $1,069 
Acquisitions
— — — 15 
Service costs
— — 28 26 
Interest costs
46 47 40 42 
Settlements
— — (29)(37)
Plan participants' contributions
— — 10 9 
Actuarial (gains)/losses
(32)42 (59)65 
Benefits paid
(81)(79)(26)(25)
Currency translation and other
— — (49)57 
Projected benefit obligation at end of year
$937 $1,005 $1,135 $1,221 
Change in fair value of plan assets
Fair value of plan assets at beginning of year
$947 $937 $944 $868 
Acquisitions— — — 15 
Actual return on plan assets
22 84 (37)29 
Employer contributions
7 5 37 36 
Settlements
— — (29)(37)
Plan participants' contributions
— — 10 9 
Benefits paid
(81)(79)(26)(25)
Currency translation and other
— — (32)49 
Fair value of plan assets at end of year$895 $947 $867 $944 
Funded status
$(43)$(58)$(268)$(277)
Amounts recognized in balance sheet
Noncurrent assets
$5 $— $57 $65 
Current liability
(5)(6)(12)(11)
Noncurrent liabilities
(42)(52)(313)(331)
Net amount recognized
$(43)$(58)$(268)$(277)
Amounts recognized in accumulated other comprehensive items
Net actuarial loss/(gain)
$218 $217 $156 $151 
Prior service (credits)/cost
— — (7)(5)
Net amount recognized
$218 $217 $149 $146 
Schedule of Actuarial Assumptions
The actuarial assumptions used to compute the funded status for the plans are based upon information available as of December 31, 2024 and 2023 and are as follows:
 Domestic pension benefitsNon-U.S. pension benefits
 2024202320242023
Weighted average assumptions used to determine projected benefit obligations
Discount rate for determining benefit obligation
5.48 %4.82 %3.74 %3.47 %
Interest crediting rate for cash balance plans
5.39 %4.76 %2.28 %2.06 %
Average rate of increase in employee compensation
N/AN/A2.58 %2.64 %
The actuarial assumptions used to compute the net periodic pension benefit cost/(income) are based upon information available as of the beginning of the year, as presented in the following table:
 Domestic pension benefitsNon-U.S. pension benefits
 202420232022202420232022
Weighted average assumptions used to determine net benefit cost/(income)
Discount rate - service cost
N/AN/AN/A3.00 %3.62 %1.00 %
Discount rate - interest cost
4.82 %5.01 %2.70 %3.48 %3.95 %1.36 %
Interest crediting rate for cash balance plans
4.76 %4.96 %2.58 %2.06 %2.19 %1.25 %
Average rate of increase in employee compensation
N/AN/AN/A2.64 %2.77 %2.73 %
Expected long-term rate of return on assets
6.00 %6.25 %4.75 %4.28 %4.33 %2.33 %
Schedule of Projected Benefit Obligation and Fair Value of Plan Assets
The projected benefit obligation and fair value of plan assets for the company’s qualified and non-qualified pension plans with projected benefit obligations in excess of plan assets are as follows:
 Pension plans
(In millions)20242023
Pension plans with projected benefit obligations in excess of plan assets
Projected benefit obligation
$727 $1,752 
Fair value of plan assets
376 1,352 
Schedule of Accumulated Benefit Obligation and Fair Value of Plan Assets
The accumulated benefit obligation and fair value of plan assets for the company's qualified and non-qualified pension plans with accumulated benefit obligations in excess of plan assets are as follows:
 Pension plans
(In millions)20242023
Pension plans with accumulated benefit obligations in excess of plan assets
Accumulated benefit obligation
$671 $1,695 
Fair value of plan assets
376 1,349 
Schedule of Net Benefit Costs
The net periodic pension benefit cost/(income) includes the following components:
 Domestic pension benefitsNon-U.S. pension benefits
(In millions)202420232022202420232022
Components of net benefit cost/(income)
Service cost
$— $— $— $28 $26 $34 
Interest cost on benefit obligation
46 47 27 40 42 20 
Expected return on plan assets
(56)(59)(45)(36)(37)(26)
Amortization of actuarial net loss
— — 4 4 2 7 
Amortization of prior service cost/(benefit)
— — — (1)(1)(1)
Settlement/curtailment loss/(gain)
— — — 2 1 (2)
Net periodic benefit cost/(income)
$(10)$(12)$(14)$38 $33 $32 
Schedule of Estimated Future Benefit Payments Estimated future benefit payments during the next five years and in the aggregate for the five fiscal years thereafter, are as follows:
(In millions)Domestic pension benefitsNon-U.S. pension benefits
Expected benefit payments
2025 $82 $54 
2026 81 57 
2027 81 58 
2028 80 62 
2029 79 66 
2030-2034373 405 
Schedule of Fair Value of the Company's Plan Assets
The fair values of the company’s plan assets at December 31, 2024 and 2023, by asset category are as follows:
 December 31,Quoted
prices in
active
markets		Significant
other
observable
inputs		Significant
unobservable
inputs		Not subject to leveling (a)
(In millions)2024(Level 1)(Level 2)(Level 3)
Domestic pension plan assets
U.S. equity funds
$91 $— $— $— $91 
International equity funds
89 — — — 89 
Fixed income funds
692 — — — 692 
Money market funds
23 — — — 23 
Total domestic pension plans
$895 $— $— $— $895 
Non-U.S. pension plan assets
Equity funds
$7 $— $— $— $7 
Fixed income funds
288 7 — — 281 
Multi-asset funds
69 — — — 69 
Derivative funds
169 — — — 169 
Insurance contracts
325 — 325 — — 
Cash / money market funds
9 4 — — 5 
Total non-U.S. pension plans
$867 $10 $325 $— $532 
(a) Investments measured at the net asset value per share (or its equivalent) practical expedient have not been classified in the fair value hierarchy.
 December 31,Quoted
prices in
active
markets		Significant
other
observable
inputs		Significant
unobservable
inputs		Not subject to leveling (a)
(In millions)2023(Level 1)(Level 2)(Level 3)
Domestic pension plan assets
U.S. equity funds
$93 $— $— $— $93 
International equity funds
93 — — — 93 
Fixed income funds
739 — — — 739 
Money market funds
22 — — — 22 
Total domestic pension plans$947 $— $— $— $947 
Non-U.S. pension plan assets
Equity funds
$7 $— $— $— $7 
Fixed income funds
346 9 — — 337 
Multi-asset funds
66 — — — 66 
Derivative funds
184 — — — 184 
Alternative investments
1 — — — 1 
Insurance contracts
333 — 333 — — 
Real estate funds1 — — — 1 
Cash / money market funds
6 4 — — 2 
Total non-U.S. pension plans$944 $13 $333 $— $598 
(a) Investments measured at the net asset value per share (or its equivalent) practical expedient have not been classified in the fair value hierarchy.