v3.25.2
Benefit Obligations (Tables)
6 Months Ended
Jun. 30, 2025
Retirement Benefits [Abstract]  
Schedule of Net Periodic Benefit Costs Recognized
The components of net periodic benefit cost are as follows:
Three Months Ended June 30, Six Months Ended June 30,
2025202420252024
Pension
Benefits
Post-retirement
Benefits
Pension
Benefits
Post-retirement
Benefits
Pension
Benefits
Post-retirement
Benefits
Pension
Benefits
Post-retirement
Benefits
(In $ millions)
Service cost— — — — 
Interest cost31 — 32 — 60 63 
Expected return on plan assets(32)— (34)— (64)— (68)— 
Total— — 
Schedule of Company Commitments to Fund Benefit Obligations
Benefit obligation funding is as follows:
As of
June 30,
2025
Total
Expected
2025
(In $ millions)
Cash contributions to defined benefit pension plans14 30 
Benefit payments to nonqualified pension plans18 
Benefit payments to other postretirement benefit plans
Schedule of Defined Benefit Plans Disclosures
Pension and postretirement benefit plan balances recognized in the unaudited consolidated balance sheets consist of the following:
As of June 30, 2025As of December 31, 2024
Pension
Benefits
Post-retirement
Benefits
Pension
Benefits
Post-retirement
Benefits
(In $ millions)
Noncurrent Other assets149 — 135 — 
Current Other liabilities(22)(4)(22)(3)
Benefit obligations(373)(33)(358)(31)
Net amount recognized(246)(37)(245)(34)