v3.25.1
RETIREMENT BENEFITS PLANS
3 Months Ended
Mar. 31, 2025
Retirement Benefits [Abstract]  
RETIREMENT BENEFITS PLANS RETIREMENT BENEFITS PLANS
The components of retirement benefits expense (income) are as follows:
United States
pension benefit expense
Non-United States pension benefit expenseOther postretirement
benefits expense (income)
Three months ended March 31
(In millions)202520242025202420252024
Service cost$$$11 $12 $— $— 
Interest cost34 33 21 21 
Expected return on plan assets(48)(47)(31)(33)— — 
Amortization(3)(3)
(6)(7)(1)(1)
Settlements— — 
Total expense (income)$$$$$(1)$(1)
The components of retirement benefits expense (income) other than service costs are included in Other income - net.
During 2020, the Company announced it was freezing its United States pension plans for its non-union employees. The freeze was effective January 1, 2021 for non-union U.S. employees whose retirement benefit was determined under a cash balance formula and is effective January 1, 2026 for non-union U.S. employees whose retirement benefit is determined under a final average pay formula.