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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] 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,
2022 2021 2022 2021
Service cost $ 12Ìý $ 14Ìý $ 24Ìý $ 28Ìý
Interest cost 31Ìý 26Ìý 63Ìý 52Ìý
Expected return on plan assets (92) (90) (184) (180)
Amortization:
Net actuarial loss 3Ìý 8Ìý 7Ìý 16Ìý
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 $ 10Ìý $ 12Ìý $ 21Ìý $ 25Ìý
Interest cost 20Ìý 19Ìý 40Ìý 37Ìý
Expected return on plan assets (9) (10) (19) (20)
Amortization:
Net actuarial loss (gain) (3) 1Ìý (6) 2Ìý
Net periodic benefit costs $ 18Ìý $ 22Ìý $ 36Ìý $ 44Ìý