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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] Ìý
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 $ 14Ìý $ 6Ìý $ 28Ìý $ 11Ìý
Interest cost 26Ìý 15Ìý 52Ìý 23Ìý
Expected return on plan assets (90) (37) (180) (55)
Amortization:
Net actuarial loss 8Ìý 6Ìý 16Ìý 13Ìý
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 $ 12Ìý $ 1Ìý $ 25Ìý $ 2Ìý
Interest cost 19Ìý 5Ìý 37Ìý 7Ìý
Expected return on plan assets (10) (4) (20) (9)
Amortization:
Prior service credits —Ìý —Ìý —Ìý (1)
Net actuarial loss 1Ìý —Ìý 2Ìý 1Ìý
Net periodic benefit costs $ 22Ìý $ 2Ìý $ 44Ìý $ —Ìý