v3.26.3
Benefit Plans: (Tables)
9 Months Ended
Sep. 30, 2026
Retirement Benefits [Abstract]  
Components of Pension and Other Employee Benefit Costs
Pension and other employee benefit costs per the condensed consolidated statements of earnings consisted of the following:
For the Nine Months Ended September 30,For the Three Months Ended September 30,
(in millions)2026202520262025
Net pension costs (income)$(44)$(62)$37 $(20)
Net postemployment costs95 88 32 30 
Net postretirement costs12 11 4 4 
Total pension and other employee benefit costs$63 $37 $73 $14 
Components of Net Periodic Benefit Cost
Net periodic pension cost consisted of the following:
Pension (1)
For the Nine Months Ended September 30,For the Three Months Ended September 30,
(in millions)2026202520262025
Service cost$165 $178 $54 $62 
Interest cost169 155 51 53 
Expected return on plan assets(354)(322)(110)(112)
Amortization:
Net loss69 107 23 40 
Prior service cost (credit)(2)(2)(1)(1)
Settlements74 — 74 — 
Net periodic pension cost$121 $116 $91 $42 
(1) Primarily non-U.S. based defined benefit retirement plans.