PENSION AND OTHER POSTRETIREMENT BENEFIT PROGRAMS - Net Periodic Benefit Cost - Continuing Operations (Details) - USD ($) $ in Millions |
3 Months Ended | 12 Months Ended | ||
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Dec. 31, 2020 |
Dec. 31, 2022 |
Dec. 31, 2021 |
Dec. 31, 2020 |
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Net periodic benefit cost | ||||
DefinedBenefitPlanNetPeriodicBenefitCostCreditSettlementGainLossStatementOfIncomeOrComprehensiveIncomeExtensibleListNotDisclosedFlag | Settlement charges | |||
Settlement charges | $ (43) | $ (1) | $ (2) | $ (46) |
Pension benefits | ||||
Net periodic benefit cost | ||||
Service cost | 75 | 87 | 83 | |
Interest cost | 97 | 72 | 95 | |
Expected return on plan assets | (157) | (143) | (163) | |
Amortization of net losses and other deferred amounts | 44 | 91 | 77 | |
Curtailment gain | (13) | 0 | 0 | |
Other | 1 | (4) | 0 | |
Net periodic benefit cost | 48 | 105 | 138 | |
OPEB | ||||
Net periodic benefit cost | ||||
Service cost | 1 | 1 | 1 | |
Interest cost | 4 | 4 | 6 | |
Amortization of net losses and prior service credit | (14) | (9) | (18) | |
Net periodic benefit cost | $ (9) | $ (4) | $ (11) |
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- Definition Amortization of prior service credit and net gain losses. No definition available.
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- Definition DefinedBenefitPlanNetPeriodicBenefitCostCreditSettlementGainLossStatementOfIncomeOrComprehensiveIncomeExtensibleListNotDisclosedFlag No definition available.
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- Definition Amount of gain (loss) recognized in net periodic benefit (cost) credit of defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of expected return (loss) recognized in net periodic benefit (cost) credit, calculated based on expected long-term rate of return and market-related value of plan assets of defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of cost recognized for passage of time related to defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of net periodic benefit cost (credit) for defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount of defined benefit plan cost (credit), classified as other. No definition available.
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- Definition Amount of gain (loss) recognized in net periodic benefit (cost) credit from event reducing expected years of future service of present employees or eliminating accrual of defined benefits for some or all future services of present employees. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of gain (loss) recognized in net periodic benefit (cost) credit from irrevocable action relieving primary responsibility for benefit obligation and eliminating risk related to obligation and assets used to effect settlement. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of cost for actuarial present value of benefits attributed to service rendered by employee for defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Details
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- Details
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