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Quarterly report pursuant to Section 13 or 15(d)

PENSIONS AND OTHER POSTRETIREMENT BENEFITS

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PENSIONS AND OTHER POSTRETIREMENT BENEFITS
 3 Months Ended
Mar. 31, 2022
Postemployment Benefits [Abstract] Ìý
PENSIONS AND OTHER POSTRETIREMENT BENEFITS
NOTE 10 - PENSIONS AND OTHER POSTRETIREMENT BENEFITS
We offer defined benefit pension plans, defined contribution pension plans and OPEB plans to a significant portion of our employees and retirees. Benefits are also provided through multiemployer plans for certain union members.
The following are the components of defined benefit pension and OPEB costs (credits):
Defined Benefit Pension Costs (Credits)
(In Millions)
Three Months Ended
March 31,
2022 2021
Service cost $ 12Ìý $ 14Ìý
Interest cost 32Ìý 26Ìý
Expected return on plan assets (92) (90)
Amortization:
Net actuarial loss 4Ìý 8Ìý
Net periodic benefit credits $ (44) $ (42)
OPEB Costs (Credits)
(In Millions)
Three Months Ended
March 31,
2022 2021
Service cost $ 11Ìý $ 13Ìý
Interest cost 20Ìý 18Ìý
Expected return on plan assets (10) (10)
Amortization:
Net actuarial loss (income) (3) 1Ìý
Net periodic benefit costs $ 18Ìý $ 22Ìý
Based on funding requirements, we made no defined benefit pension contributions for the three months ended MarchÌý31, 2022. Based on funding requirements, we made $146 million of defined benefit pension contributions for the three months ended MarchÌý31, 2021. As a result of the CARES Act enacted on March 27, 2020, we deferred $118 million of 2020 pension contributions, which were paid on January 4, 2021. We made contributions of $28 million to our voluntary employee benefit association trust plans for the three months ended MarchÌý31, 2022. Based on funding requirements, no contributions to our voluntary employee benefit association trust plans were required or made for the three months ended MarchÌý31, 2021