v3.26.3
RETIREMENT BENEFIT PLANS
 9 Months Ended
Sep. 30, 2026
Retirement Benefits [Abstract]  
RETIREMENT BENEFIT PLANS RETIREMENT BENEFIT PLANS
The Company sponsors various defined contribution savings plans, primarily in the U.S., that allow employees to contribute a portion of their pre-tax and/or after-tax income in accordance with plan specified guidelines. The Company also has a number of defined benefit pension plans. Under specified conditions, the Company will make contributions to the plans and/or match a percentage of the employee contributions up to certain limits. The estimated contributions to the defined benefit pension plans for 2026 range from $15 million to $19 million, of which $9 million has been contributed through the first nine months of the year.
The components of net periodic benefit income recorded in the Condensed Consolidated Statements of Operations are as follows:
Three Months Ended September 30,Nine Months Ended September 30,
(in millions)2026202520262025
Service cost$1 $1 $3 $3 
Interest cost11 12 34 35 
Expected return on plan assets(12)(10)(38)(31)
Amortization of unrecognized gain— (1)— (1)
Net periodic benefit cost (income)$— $2 $(1)$6 
Service cost and the components of net periodic benefit cost other than the service cost component are included primarily in Cost of sales and Other postretirement (income) expense, net, respectively, in the Condensed Consolidated Statements of Operations.