Quarterly report pursuant to Section 13 or 15(d)

PENSIONS AND OTHER POSTRETIREMENT BENEFITS (Tables)

v3.23.3
PENSIONS AND OTHER POSTRETIREMENT BENEFITS (Tables)
 9 Months Ended
Sep. 30, 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
September 30,		 Nine Months Ended
September 30,
(In millions) 2023 2022 2023 2022
Service cost $ 8  $ 11  $ 24  $ 35 
Interest cost 59  32  176  95 
Expected return on plan assets (79) (93) (236) (277)
Amortization:
Prior service costs 5  1  13  1 
Net actuarial loss —  4  2  11 
Net periodic benefit credits $ (7) $ (45) $ (21) $ (135)
OPEB COSTS (CREDITS)
Three Months Ended
September 30,		 Nine Months Ended
September 30,
(In millions) 2023 2022 2023 2022
Service cost $ 2  $ 11  $ 7  $ 32 
Interest cost 15  19  47  59 
Expected return on plan assets (10) (10) (31) (29)
Amortization:
Prior service costs (credits) (4) 1  (12) 1 
Net actuarial gain (36) (3) (109) (9)
Net periodic benefit costs (credits) $ (33) $ 18  $ (98) $ 54