v3.25.2
RETIREMENT-RELATED BENEFITS (Tables)
3 Months Ended
Jun. 30, 2025
RETIREMENT-RELATED BENEFITS  
Components of net periodic pension cost for the defined benefit pension plans

Three Months Ended June 30,

(Dollars in millions)

    

2025

    

2024

Service cost

 

$

8

 

$

9

Interest cost*

 

14

 

13

Expected return on plan assets*

 

(16)

 

(15)

Recognized actuarial losses (gains)*

3

4

Net periodic pension cost

 

$

9

 

$

12

*These components of net periodic pension cost are included in other expense in the Consolidated Income Statement.