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Quarterly report pursuant to Section 13 or 15(d)

PENSIONS AND OTHER POSTRETIREMENT BENEFITS (Tables)

v3.23.2
PENSIONS AND OTHER POSTRETIREMENT BENEFITS (Tables)
 6 Months Ended
Jun. 30, 2023
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)
Three Months Ended
June 30,		 Six Months Ended
June 30,
(In millions) 2023 2022 2023 2022
Service cost $ 8Ìý $ 12Ìý $ 16Ìý $ 24Ìý
Interest cost 58Ìý 31Ìý 117Ìý 63Ìý
Expected return on plan assets (78) (92) (157) (184)
Amortization:
Prior service costs 4Ìý —Ìý 8Ìý —Ìý
Net actuarial loss 1Ìý 3Ìý 2Ìý 7Ìý
Net periodic benefit credits $ (7) $ (46) $ (14) $ (90)
OPEB COSTS (CREDITS)
Three Months Ended
June 30,		 Six Months Ended
June 30,
(In millions) 2023 2022 2023 2022
Service cost $ 3Ìý $ 10Ìý $ 5Ìý $ 21Ìý
Interest cost 16Ìý 20Ìý 32Ìý 40Ìý
Expected return on plan assets (10) (9) (21) (19)
Amortization:
Prior service credits (4) —Ìý (8) —Ìý
Net actuarial gain (37) (3) (73) (6)
Net periodic benefit costs (credits) $ (32) $ 18Ìý $ (65) $ 36Ìý