v3.25.1
Benefit Plans
3 Months Ended
Mar. 31, 2025
Retirement Benefits [Abstract]  
Benefit Plans Benefit Plans
The components of net periodic (benefit) cost for defined benefit pension plans are summarized in the following table:

Three Months Ended March 31,
(Dollars in millions)Income Statement Location20252024
Service cost(1)
Personnel expense / Net income from discontinued operations$68 $96 
Interest costOther expense114 108 
Estimated return on plan assetsOther expense(243)(244)
Amortization and otherOther expense— 
Net periodic (benefit) cost$(61)$(39)
(1)Includes $7 million for the three months ended March 31, 2024 of service cost reported in net income from discontinued operations for the qualified defined benefit pension plan for employees of TIH.

Truist may make contributions to the qualified pension plans up to the maximum amount deductible for federal income tax purposes. Truist did not make a discretionary contribution to the qualified pension plan during the three months ended March 31, 2025.