Quarterly report pursuant to Section 13 or 15(d)

PENSIONS AND OTHER POSTRETIREMENT BENEFITS (Tables)

v3.22.2
PENSIONS AND OTHER POSTRETIREMENT BENEFITS (Tables)
 6 Months Ended
Jun. 30, 2022
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,
2022 2021 2022 2021
Service cost $ 12  $ 14  $ 24  $ 28 
Interest cost 31  26  63  52 
Expected return on plan assets (92) (90) (184) (180)
Amortization:
Net actuarial loss 3  8  7  16 
Net periodic benefit credits $ (46) $ (42) $ (90) $ (84)
OPEB Costs (Credits)
(In Millions)
Three Months Ended
June 30,		 Six Months Ended
June 30,
2022 2021 2022 2021
Service cost $ 10  $ 12  $ 21  $ 25 
Interest cost 20  19  40  37 
Expected return on plan assets (9) (10) (19) (20)
Amortization:
Net actuarial loss (gain) (3) 1  (6) 2 
Net periodic benefit costs $ 18  $ 22  $ 36  $ 44