v3.26.1
Employee Benefit Plans
 6 Months Ended
Jun. 30, 2026
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract]  
Employee Benefit Plans Employee Benefit Plans
The components of Net periodic benefit cost and other changes in plan assets and benefit obligations were as follows:
Three months ended June 30,
Pension Benefits
U.S. PlansNon-U.S. PlansRetiree Health
Components of Net Periodic Benefit Costs:202620252026202520262025
Service cost$— $— $2 $1 $1 $— 
Interest cost(1)
32 29 50 49 2 2 
Expected return on plan assets(1)
(27)(22)(53)(53)— — 
Recognized net actuarial loss (gain)(1)
6 4 15 15 (3)(3)
Amortization of prior service cost (credit)(1)
— — 3 2 (3)(3)
Other(1)
— — (1)— — — 
Defined benefit plans11 11 16 14 (3)(4)
Defined contribution plans5 (3)6 4 n/an/a
Net Periodic Benefit Cost (Credit)$16 $8 $22 $18 $(3)$(4)
Six Months Ended June 30,
Pension Benefits
U.S. PlansNon-U.S. PlansRetiree Health
Components of Net Periodic Benefit Costs:202620252026202520262025
Service cost$— $— $4 $2 $1 $— 
Interest cost(1)
64 57 101 95 4 4 
Expected return on plan assets(1)
(54)(44)(107)(102)— — 
Recognized net actuarial loss (gain)(1)
11 9 30 27 (5)(6)
Amortization of prior service cost (credit)(1)
— — 5 4 (6)(6)
Other(1)
— — (1)— — — 
Net Periodic Defined Benefit Cost (Credit)21 22 32 26 (6)(8)
Defined contribution plans10 — 12 10 n/an/a
Total Employee Benefit Plans Cost (Credit)$31 $22 $44 $36 $(6)$(8)
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(1)Included in Other expenses (income), net in the Consolidated Statements of Income (Loss).
Contributions
The following table summarizes cash contributions to our defined benefit pension plans and retiree health benefit plans:
Six Months Ended
June 30,		Year Ended
December 31,
2026(1)
2025
Estimated 2026(1)
2025
U.S. plans$52 $44 $115 $112 
Non-U.S. plans11 12 25 28 
Total Pension plans63 56 140 140 
Retiree Health9 11 20 21 
Total Retirement plans$72 $67 $160 $161 
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(1)Contributions amounts for the six months ended June 30, 2026, as well as full year estimated contributions for 2026, include legacy Lexmark for the entire period. Contributions for 2025 reflect those contributions made for legacy Lexmark beginning July 1, 2025, the date of the Lexmark Acquisition. Refer to Note 6 - Acquisition for additional information regarding the Lexmark Acquisition.
Approximately $95 of the estimated 2026 contributions for our U.S. plans are for our tax-qualified defined benefit plans.