Quarterly report pursuant to Section 13 or 15(d)

PENSIONS AND OTHER POSTRETIREMENT BENEFITS (Tables)

v3.21.2
PENSIONS AND OTHER POSTRETIREMENT BENEFITS (Tables)
6 Months Ended
Jun. 30, 2021
Postemployment Benefits [Abstract]  
Schedule of Net Benefit Costs
The following are the components of defined benefit pension and OPEB costs (credits):
Defined Benefit Pension Costs (Credits)
(In Millions)
Three Months Ended
June 30,
Six Months Ended
June 30,
2021 2020 2021 2020
Service cost $ 14  $ $ 28  $ 11 
Interest cost 26  15  52  23 
Expected return on plan assets (90) (37) (180) (55)
Amortization:
Net actuarial loss 8  16  13 
Net periodic benefit credits $ (42) $ (10) $ (84) $ (8)
OPEB Costs (Credits)
(In Millions)
Three Months Ended
June 30,
Six Months Ended
June 30,
2021 2020 2021 2020
Service cost $ 12  $ $ 25  $
Interest cost 19  37 
Expected return on plan assets (10) (4) (20) (9)
Amortization:
Prior service credits   —    (1)
Net actuarial loss 1  —  2 
Net periodic benefit costs $ 22  $ $ 44  $ —