v3.26.1
Postretirement benefits (Tables)
6 Months Ended
Jun. 30, 2026
Retirement Benefits [Abstract]  
Schedule of Net Benefit Costs [Table Text Block] Postretirement benefits
The components of net pension and other postretirement benefit costs (benefits) reflected in Net income in the Consolidated statements of operations were as follows:
Pension Benefit PlansOther Postretirement
Benefit Plans
2026202520262025
Three Months Ended June 30U.S. PlansNon-U.S. PlansU.S. PlansNon-U.S. Plans
(in millions of U.S. dollars)
Service cost$ $3 $— $$ $— 
Non-service cost (benefit):
Interest cost31 9 33 1 
Expected return on plan assets(67)(16)(62)(14) (1)
Amortization of net actuarial (gain) loss(3)(1)(2)—  (1)
Amortization of prior service cost  — —  — 
Settlements  — —  — 
Total non-service cost (benefit)(39)(8)(31)(5)1 (1)
Net periodic benefit cost (benefit)$(39)$(5)$(31)$(3)$1 $(1)

Pension Benefit PlansOther Postretirement Benefit Plans
2026202520262025
Six Months Ended June 30U.S. PlansNon-U.S. PlansU.S. PlansNon-U.S. Plans
(in millions of U.S. dollars)
Service cost$ $5 $— $$ $— 
Non-service cost (benefit):
Interest cost62 18 67 18 1 
Expected return on plan assets(135)(32)(125)(27) (1)
Amortization of net actuarial (gain) loss(6)(1)(4)—  (2)
Amortization of prior service cost  — —  — 
Settlements  — —  — 
Total non-service cost (benefit)(79)(15)(62)(9)1 (2)
Net periodic benefit cost (benefit)$(79)$(10)$(62)$(5)$1 $(2)
The line items in which the service cost and non-service cost (benefit) components of net periodic cost (benefit) are included in the Consolidated statements of operations were as follows:
Pension Benefit PlansOther Postretirement
Benefit Plans
Three Months Ended June 302026202520262025
(in millions of U.S. dollars)
Service cost:
Losses and loss expenses$ $— $ $— 
Administrative expenses3 — 
Total service cost3 2 
Non-service cost (benefit):
Losses and loss expenses(5)(4)
Administrative expenses(42)(32)1 (1)
Total non-service cost (benefit)(47)(36)1 (1)
Net periodic benefit cost (benefit)$(44)$(34)$1 $(1)

Pension Benefit PlansOther Postretirement
Benefit Plans
Six Months Ended June 302026202520262025
(in millions of U.S. dollars)
Service cost:
Losses and loss expenses$ $— $ $— 
Administrative expenses5
Total service cost5 4 
Non-service cost (benefit):
Losses and loss expenses(9)(7)
Administrative expenses(85)(64)1 (2)
Total non-service cost (benefit)(94)(71)1 (2)
Net periodic benefit cost (benefit)$(89)$(67)$1 $(2)