Employee Retirement Plans - Schedule of Net Benefit Costs (Details) - USD ($) $ in Millions |
3 Months Ended | 6 Months Ended | ||
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Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
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Pension benefits | ||||
Service cost | $ 24 | $ 25 | $ 48 | $ 48 |
Interest cost | 48 | 46 | 95 | 92 |
Expected return on plan assets | (49) | (48) | (99) | (96) |
Amortization of prior service cost (credit) | 1 | 2 | 2 | 3 |
Special termination benefit charge | 1 | 3 | 1 | 3 |
Total pension and postretirement benefit expense (income) | 25 | 28 | 47 | 50 |
Postretirement benefits | ||||
Service cost | 1 | 1 | 2 | |
Interest cost | 5 | 5 | 9 | 10 |
Amortization of actuarial net gain | (9) | (7) | (15) | (12) |
Amortization of prior service cost (credit) | (1) | (2) | (3) | (4) |
Total pension and postretirement benefit expense (income) | $ (5) | $ (3) | $ (8) | $ (4) |
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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/exampleRef
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- Definition Amount of prior service cost (credit) recognized in net periodic benefit cost (credit) of defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of cost of providing special or contractual termination benefits payable from 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/exampleRef
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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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- 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/exampleRef
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- Details
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