v3.26.1
RETIREMENT PLANS (Tables)
6 Months Ended
Jun. 30, 2026
Retirement Benefits [Abstract]  
Components of net periodic benefit cost
Components of net periodic benefit (credit) cost were as follows:
Second Quarter
Pension PlansOther Postretirement Benefit Plans
2026202520262025
(Dollars in millions)U.S.Non-U.S.U.S.Non-U.S.
Service cost$$$$$— $— 
Interest cost15 18 
Expected return on assets(22)(8)(23)(8)(1)(1)
Amortization of:
Prior service credit, net— — — — (9)— 
Net periodic benefit (credit) cost$(3)$$— $— $(8)$
First Six Months
Pension PlansOther Postretirement Benefit Plans
2026202520262025
(Dollars in millions)U.S.Non-U.S.U.S.Non-U.S.
Service cost$$$$$— $— 
Interest cost30 14 36 12 11 
Expected return on assets(45)(16)(45)(15)(2)(2)
Amortization of:
Prior service credit, net— — — — (19)— 
Net periodic benefit (credit) cost$(7)$$— $$(16)$