v3.26.1
Benefit Obligations (Tables)
 6 Months Ended
Jun. 30, 2026
Retirement Benefits [Abstract]  
Schedule of Net Periodic Benefit Costs Recognized
The components of net periodic benefit cost are as follows:
Three Months Ended June 30, Six Months Ended June 30,
2026202520262025
Pension
Benefits		Post-retirement
Benefits		Pension
Benefits		Post-retirement
Benefits		Pension
Benefits		Post-retirement
Benefits		Pension
Benefits		Post-retirement
Benefits
(In $ millions)
Service cost2 — 3 — 5 — 7 — 
Interest cost28 1 31 — 55 1 60 1 
Expected return on plan assets(33)— (32)— (65)— (64)— 
Amortization of prior service cost (credit)(1)— — — (1)— — — 
Total(4)1 2 — (6)1 3 1 
Schedule of Company Commitments to Fund Benefit Obligations
Benefit obligation funding is as follows:
As of
June 30,
2026
Total
Expected
2026
(In $ millions)
Cash contributions to defined benefit pension plans15 33 
Benefit payments to nonqualified pension plans9 17 
Benefit payments to other postretirement benefit plans2 3 
Schedule of Defined Benefit Plans Disclosures
Pension and postretirement benefit plan balances recognized in the unaudited consolidated balance sheets consist of the following:
As of June 30, 2026As of December 31, 2025
Pension
Benefits		Post-retirement
Benefits		Pension
Benefits		Post-retirement
Benefits
(In $ millions)
Noncurrent Other assets169 — 159 — 
Current Other liabilities(22)(4)(22)(3)
Benefit obligations(285)(33)(307)(32)
Net amount recognized(138)(37)(170)(35)