v3.26.1
PENSION AND OTHER POSTRETIREMENT BENEFITS - Schedule of Change in Benefit Obligations (Details) - USD ($)
$ in Millions
5 Months Ended 7 Months Ended 12 Months Ended
Aug. 07, 2025
Dec. 31, 2025
Aug. 06, 2025
Dec. 31, 2024
Dec. 31, 2023
Pension Benefits          
Change in benefit obligation:          
Benefit obligation at the beggining of the period $ 3,369 $ 3,655 $ 3,481 $ 3,711  
Service cost     0 0  
Interest cost   79 120 198 $ 207
Actuarial (gain) loss   0   (93)  
Benefits paid   (107) (232) (335)  
Participants’ contributions   0 0 0  
Retiree Medicare drug subsidy   0 0 0  
Benefit obligation at the ending of the period 3,655 3,627 3,369 3,481 3,711
Adjustments to Paramount Global’s basis (Note 2) 286        
Postretirement Benefits          
Change in benefit obligation:          
Benefit obligation at the beggining of the period 152 162 165 193  
Service cost   0 1 1 1
Interest cost   4 5 10 12
Actuarial (gain) loss   1   (14)  
Benefits paid   (17) (31) (34)  
Participants’ contributions   5 10 6  
Retiree Medicare drug subsidy   1 2 3  
Benefit obligation at the ending of the period 162 $ 156 $ 152 $ 165 $ 193
Adjustments to Paramount Global’s basis (Note 2) $ 10