v3.26.3
RETIREMENT BENEFITS (Tables)
 9 Months Ended
Sep. 30, 2026
Retirement Benefits [Abstract]  
Schedule of Defined Benefit Plans - Expense
The pre-tax net periodic benefit cost/(income) for our defined benefit pension and OPEB plans for the periods ended September 30 were as follows (in millions):
Third Quarter
20252026
Pension BenefitsOPEBPension BenefitsOPEB
U.S. PlansNon-U.S. PlansWorldwide U.S. PlansNon-U.S. PlansWorldwide
Service cost$53 $51 $5 $53 $39 $5 
Interest cost392 245 55 352 251 49 
Expected return on assets(456)(297)— (448)(291)— 
Amortization of prior service costs/(credits)
22 7 3 22 6 2 
Net remeasurement (gain)/loss— — — — (320)— 
Separation costs/other6 4 — — 12 — 
Settlements and curtailments
— — — — 8 — 
Net periodic benefit cost/(income)
$17 $10 $63 $(21)$(295)$56 
First Nine Months
20252026
Pension BenefitsOPEBPension BenefitsOPEB
U.S. PlansNon-U.S. PlansWorldwideU.S. PlansNon-U.S. PlansWorldwide
Service cost$157 $149 $15 $159 $123 $15 
Interest cost1,178 707 165 1,058 751 148 
Expected return on assets(1,369)(864)— (1,346)(879)— 
Amortization of prior service costs/(credits)
66 19 7 66 18 7 
Net remeasurement (gain)/loss— (10)— — (509)— 
Separation costs/other18 39 — — 75 — 
Settlements and curtailments
— — — — 27 — 
Net periodic benefit cost/(income)
$50 $40 $187 $(63)$(394)$170