Quarterly report pursuant to Section 13 or 15(d)

PENSIONS AND OTHER POSTRETIREMENT BENEFITS (Tables)

v3.21.1
PENSIONS AND OTHER POSTRETIREMENT BENEFITS (Tables)
3 Months Ended
Mar. 31, 2021
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)
(In Millions)
Three Months Ended
March 31,
2021 2020
Service cost $ 14  $ 5 
Interest cost 26  8 
Expected return on plan assets (90) (18)
Amortization:
Net actuarial loss 8  7 
Net periodic benefit cost (credit) $ (42) $ 2 
OPEB Costs (Credits)
(In Millions)
Three Months Ended
March 31,
2021 2020
Service cost $ 13  $ 1 
Interest cost 18  2 
Expected return on plan assets (10) (5)
Amortization:
Prior service credits —  (1)
Net actuarial loss 1  1 
Net periodic benefit cost (credit) $ 22  $ (2)