v3.26.1
PENSION AND OTHER POSTRETIREMENT BENEFITS
 6 Months Ended
Jun. 30, 2026
Retirement Benefits [Abstract]  
PENSION AND OTHER POSTRETIREMENT BENEFITS
NOTE 3. PENSIONS AND OTHER POSTRETIREMENT BENEFITS
We sponsor funded and unfunded domestic and foreign defined benefit pension and other postretirement benefit (OPEB) plans. Contributions to these plans were as follows:
Three months endedSix months ended
June 30,June 30,
In millions2026202520262025
Defined benefit pension contributions$12 $11 $24 $23 
OPEB payments, net3 2 4 3 
Defined contribution pension plans25 27 69 76 
We anticipate making additional defined benefit pension contributions during the remainder of 2026 of $23 million for our U.S. and U.K. qualified and non-qualified pension plans. These contributions may be made from trusts or company funds either to increase pension assets or to make direct benefit payments to plan participants. We expect our 2026 annual net periodic pension cost to approximate $75 million.
The components of net periodic pension and OPEB expense under our plans were as follows:
Pension
U.S. PlansU.K. PlansOPEB
Three months ended June 30,
In millions202620252026202520262025
Service cost$34 $33 $4 $3 $— $— 
Interest cost44 44 19 20 1 2 
Expected return on plan assets(70)(67)(25)(23)— — 
Amortization of prior service cost1 — 1 1 — — 
Recognized net actuarial loss (gain)2 3 8 6 (1)(2)
Net periodic benefit expense$11 $13 $7 $7 $— $— 
Pension
U.S. PlansU.K. PlansOPEB
Six months ended June 30,
In millions202620252026202520262025
Service cost$69 $66 $7 $7 $— $— 
Interest cost88 87 39 38 2 3 
Expected return on plan assets(140)(134)(50)(45)— — 
Amortization of prior service cost1 1 1 1 — — 
Recognized net actuarial loss (gain)5 5 17 13 (2)(3)
Net periodic benefit expense$23 $25 $14 $14 $— $—