Quarterly report pursuant to Section 13 or 15(d)

PENSIONS AND OTHER POSTRETIREMENT BENEFITS (Tables)

v3.23.1
PENSIONS AND OTHER POSTRETIREMENT BENEFITS (Tables)
 3 Months Ended
Mar. 31, 2023
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)
Three Months Ended
March 31,
(In millions) 2023 2022
Service cost $ 8  $ 12 
Interest cost 59  32 
Expected return on plan assets (79) (92)
Amortization:
Prior service costs 4  — 
Net actuarial loss 1  4 
Net periodic benefit credits $ (7) $ (44)
OPEB COSTS (CREDITS)
Three Months Ended
March 31,
(In millions) 2023 2022
Service cost $ 2  $ 11 
Interest cost 16  20 
Expected return on plan assets (11) (10)
Amortization:
Prior service credits (4) — 
Net actuarial gain (36) (3)
Net periodic benefit costs (credits) $ (33) $ 18