v3.26.1
PENSION AND OTHER POSTRETIREMENT BENEFITS - Schedule of Change in Plan Assets (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
Pension Benefits        
Change in plan assets:        
Fair value of plan assets at the beginning of the period $ 2,369 $ 2,454 $ 2,352 $ 2,507
Actual return on plan assets   80 77 100
Employer contributions   115 172 80
Benefits paid   (107) (232) (335)
Participants’ contributions   0 0 0
Retiree Medicare drug subsidy   0 0 0
Fair value of plan assets at the ending of the period 2,454 2,542 2,369 2,352
Adjustments to Paramount Global’s basis (Note 2) 85      
Postretirement Benefits        
Change in plan assets:        
Fair value of plan assets at the beginning of the period 0 0 0 0
Actual return on plan assets   0 0 0
Employer contributions   11 19 25
Benefits paid   (17) (31) (34)
Participants’ contributions   5 10 6
Retiree Medicare drug subsidy   1 2 3
Fair value of plan assets at the ending of the period 0 $ 0 $ 0 $ 0
Adjustments to Paramount Global’s basis (Note 2) $ 0