v3.26.3
Pension, Savings and Other Postretirement Benefit Plans
 9 Months Ended
Sep. 30, 2026
Retirement Benefits [Abstract]  
Pension, Savings and Other Postretirement Benefits Plans PENSION, SAVINGS AND OTHER POSTRETIREMENT BENEFIT PLANS
We provide employees with defined benefit pension or defined contribution savings plans.
Defined benefit pension cost follows:
U.S.U.S.
Three Months Ended
September 30,		Nine Months Ended
September 30,
(In millions)2026202520262025
Service cost$1 $1 $4 $4 
Interest cost32 40 96 121 
Expected return on plan assets(43)(50)(130)(151)
Amortization of net losses22 24 65 71 
Net periodic pension cost$12 $15 $35 $45 
Net curtailments/settlements/termination benefits7 68 7 76 
Total defined benefit pension cost$19 $83 $42 $121 
Non-U.S.Non-U.S.
Three Months Ended
September 30,		Nine Months Ended
September 30,
(In millions)2026202520262025
Service cost$4 $4 $11 $12 
Interest cost24 26 74 76 
Expected return on plan assets(22)(24)(67)(70)
Amortization of prior service cost— — 1 1 
Amortization of net losses5 6 16 16 
Net periodic pension cost$11 $12 $35 $35 
Net curtailments/settlements/termination benefits— — — 1 
Total defined benefit pension cost$11 $12 $35 $36 
Service cost is recorded in CGS or SAG. Other components of net periodic pension cost are recorded in Other (Income) Expense. Net curtailments, settlements and termination benefits, if any, are recorded in Other (Income) Expense or Rationalizations if related to a rationalization plan.
In the third quarter of 2026, a pension termination benefits charge of $7 million was recorded related to the exit of employees under an approved rationalization plan.
In the third quarter and first nine months of 2025, pension settlement charges of $68 million and $72 million, respectively, were recorded in Other (Income) Expense. The settlement charges resulted from total lump sums exceeding annual service and interest cost of the applicable plans, including $68 million in the third quarter from the offer of lump sum payments over a limited time to certain active and former employees in the U.S. salaried defined benefit pension plan. In addition, in the first nine months of 2025, pension termination benefits charges of $4 million and $1 million were recorded related to the exit of employees under an approved rationalization plan and the sale of the OTR tire business, respectively.
We also provide certain U.S. employees and employees at certain non-U.S. subsidiaries with health care benefits or life insurance benefits upon retirement. There was no net other postretirement benefit expense for the three and nine months ended September 30, 2026. Net other postretirement benefits income for three and nine months ended September 30, 2025 was $1 million for both periods.
We expect to contribute approximately $25 million to our funded non-U.S. pension plans in 2026. For the three and nine months ended September 30, 2026, we contributed $3 million and $12 million, respectively, to our non-U.S. plans.
The expense recognized for our contributions to defined contribution savings plans for the three months ended September 30, 2026 and 2025 was $26 million and $30 million, respectively, and for the nine months ended September 30, 2026 and 2025 was $83 million and $92 million, respectively.