Quarterly report [Sections 13 or 15(d)]

PENSIONS AND OTHER POSTRETIREMENT BENEFITS (Tables)

v3.26.1
PENSIONS AND OTHER POSTRETIREMENT BENEFITS (Tables)
 6 Months Ended
Jun. 30, 2026
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
June 30,		 Six Months Ended
June 30,
(In millions) 2026 2025 2026 2025
Service cost $ 7  $ 7  $ 14  $ 14 
Interest cost 45  52  90  105 
Expected return on plan assets (82) (80) (163) (159)
Amortization:
Prior service costs 5  5  9  9 
Net actuarial gain (5) (2) (9) (4)
Net periodic benefit credits $ (30) $ (18) $ (59) $ (35)
OPEB COSTS (CREDITS)
Three Months Ended
June 30,		 Six Months Ended
June 30,
(In millions) 2026 2025 2026 2025
Service cost $ 1  $ 2  $ 3  $ 4 
Interest cost 15  15  29  29 
Expected return on plan assets (11) (10) (22) (21)
Termination benefits1
—  15  —  15 
Amortization:
Prior service credits (3) (4) (6) (7)
Net actuarial gain (28) (34) (56) (67)
Net periodic benefit credits $ (26) $ (16) $ (52) $ (47)