v3.26.1
Employee Benefits (Tables)
6 Months Ended
Jun. 30, 2026
Retirement Benefits [Abstract]  
Pension and Other Defined Contribution Retirement Plan Expenses
Pension and other defined contribution retirement plan expenses included the following components:
(DOLLARS IN MILLIONS)U.S. Plans
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Interest cost on projected benefit obligation(1)
$$— $$
Net amortization and deferrals— — 
Net periodic benefit cost - total $$$$
(DOLLARS IN MILLIONS)Non-U.S. Plans
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Service cost for benefits earned(2)
$$$10 $10 
Interest cost on projected benefit obligation(1)
18 17 
Expected return on plan assets(1)
(15)(12)(29)(23)
Net amortization and deferrals(1)
Net periodic benefit cost - total$$$$
_______________________
(1)Included as a component of Other expense, net.
(2)Included as a component of Operating profit.
Postretirement Benefits Other Than Pension Expenses
Expense recognized for post-retirement benefits other than pensions included the following components:
Three Months Ended June 30,Six Months Ended June 30,
(DOLLARS IN MILLIONS)2026202520262025
Interest cost on projected benefit obligation$— $— $$
Net amortization and deferrals— — — (1)
Postretirement benefit expense - total $— $— $$—