PENSION PLANS AND OTHER POST-EMPLOYMENT BENEFITS (Tables) |
6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Retirement Benefits [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Net Periodic Benefit Costs | The following sets forth the components of the Company's net periodic benefit costs (credits) for defined benefit pension plans:
1.The service cost from continuing operations was $2 million and $5 million for the three and six months ended June 30, 2026, respectively, compared with zero and $3 million for the three and six months ended June 30, 2025. 2. The interest cost from continuing operations was $17 million and $35 million for the three and six months ended June 30, 2026, respectively, compared with $15 million and $30 million for the three and six months ended June 30, 2025, respectively. 3. The expected return on plan assets from continuing operations was $16 million and $33 million for the three and six months ended June 30, 2026, respectively, compared with $17 million and $33 million for the three and six months ended June 30, 2025, respectively. 4. The amortization of prior service credit from continuing operations was zero and $1 million for the three and six months ended June 30, 2026, respectively. No comparable amortization of prior service credit from continuing operations was recognized in the corresponding 2025 periods. 5. The amortization of unrecognized net loss from continuing operations was zero and less than $1 million for the three and six months ended June 30, 2026, respectively, compared with $1 million for the three and six months ended June 30, 2025.
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