v3.26.3
PENSION AND OTHER POST-EMPLOYMENT BENEFIT PLANS (Tables)
9 Months Ended
Sep. 30, 2026
Pension and Other Postretirement Benefits Cost (Reversal of Cost) [Abstract]  
Components of Net Periodic Benefit Cost

The components of net periodic benefit cost are:

 

 

PENSION

 

 

 

QUARTER ENDED

 

 

YEAR-TO-DATE ENDED

 

DOLLAR AMOUNTS IN MILLIONS

 

SEPTEMBER 2026

 

 

SEPTEMBER 2025

 

 

SEPTEMBER 2026

 

 

SEPTEMBER 2025

 

Service cost

 

$

4

 

 

$

5

 

 

$

13

 

 

$

14

 

Interest cost

 

 

24

 

 

 

30

 

 

 

71

 

 

 

90

 

Expected return on plan assets

 

 

(22

)

 

 

(26

)

 

 

(67

)

 

 

(78

)

Amortization of actuarial loss

 

 

13

 

 

 

14

 

 

 

37

 

 

 

42

 

Amortization of prior service cost

 

 

—

 

 

 

—

 

 

 

1

 

 

 

1

 

Total net periodic benefit cost – pension

 

$

19

 

 

$

23

 

 

$

55

 

 

$

69

 

 

 

 

OTHER POST-EMPLOYMENT BENEFITS

 

 

 

QUARTER ENDED

 

 

YEAR-TO-DATE ENDED

 

DOLLAR AMOUNTS IN MILLIONS

 

SEPTEMBER 2026

 

 

SEPTEMBER 2025

 

 

SEPTEMBER 2026

 

 

SEPTEMBER 2025

 

Interest cost

 

$

—

 

 

$

1

 

 

$

2

 

 

$

3

 

Amortization of prior service credit

 

 

—

 

 

 

—

 

 

 

(1

)

 

 

(1

)

Total net periodic benefit cost – other post-employment benefits

 

$

—

 

 

$

1

 

 

$

1

 

 

$

2