v3.25.2
Pension and Other Postretirement Benefits (Tables)
6 Months Ended
Jun. 30, 2025
Retirement Benefits [Abstract]  
Pension And Other Postretirement Benefits
 (millions of dollars)Three Months Ended
June 30,
Six Months Ended
June 30,
2025202420252024
Components of net benefit cost  
Pension Benefits - U.S.  
Service cost138 117 274 230 
Interest cost171 168 341 336 
Expected return on plan assets(149)(181)(298)(362)
Amortization of actuarial loss/(gain) 19 21 37 42 
Amortization of prior service cost(8)(8)(15)(16)
Net pension enhancement and curtailment/settlement cost15 14 51 17 
Net benefit cost186 131 390 247 
Pension Benefits - Non-U.S.
Service cost82 86 160 169 
Interest cost205 198 427 425 
Expected return on plan assets(206)(230)(427)(491)
Amortization of actuarial loss/(gain)24 18 49 
Amortization of prior service cost15 12 28 25 
Net benefit cost105 90 206 177 
Other Postretirement Benefits
Service cost24 19 47 37 
Interest cost66 62 131 125 
Expected return on plan assets(4)(5)(8)(10)
Amortization of actuarial loss/(gain)(27)(26)(51)(52)
Amortization of prior service cost(16)(15)(31)(31)
Net benefit cost43 35 88 69