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Benefit Obligations | 9 Months Ended
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Sep. 30, 2024
Retirement Benefits [Abstract] |
Benefit Obligations | Benefit Obligations The components of net periodic benefit cost are as follows:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
| Pension Benefits |  | Post-retirement Benefits |  | Pension Benefits |  | Post-retirement Benefits |  | Pension Benefits |  | Post-retirement Benefits |  | Pension Benefits |  | Post-retirement Benefits
| (In $ millions)
Service cost | 3 |  |  | 1 |  |  | 2 |  |  | — |  |  | 10 |  |  | 1 |  |  | 8 |  |  | — |
Interest cost | 31 |  |  | — |  |  | 32 |  |  | 1 |  |  | 94 |  |  | 1 |  |  | 98 |  |  | 2 |
Expected return on plan assets | (34) |  |  | — |  |  | (32) |  |  | — |  |  | (102) |  |  | — |  |  | (98) |  |  | — |
Total | — |  |  | 1 |  |  | 2 |  |  | 1 |  |  | 2 |  |  | 2 |  |  | 8 |  |  | 2 |
Benefit obligation funding is as follows:
| As of September 30, 2024 |  | Total Expected 2024 |
| (In $ millions) |
Cash contributions to defined benefit pension plans | 21 |  |  | 29 |  |
Benefit payments to nonqualified pension plans | 15 |  |  | 19 |  |
Benefit payments to other postretirement benefit plans | 3 |  |  | 3 |  |
The Company's estimates of its U.S. defined benefit pension plan contributions reflect the provisions of the Pension Protection Act of 2006. Pension and postretirement benefit plan balances recognized in the unaudited consolidated balance sheets consist of the following:
| As of September 30, 2024 |  | As of December 31, 2023
| Pension Benefits |  | Post-retirement Benefits |  | Pension Benefits |  | Post-retirement Benefits
| (In $ millions)
Noncurrent Other assets | 182 |  |  | — |  |  | 166 |  |  | — |
Current Other liabilities | (22) |  |  | (3) |  |  | (22) |  |  | (3) |
Benefit obligations | (399) |  |  | (36) |  |  | (415) |  |  | (37) |
Net amount recognized | (239) |  |  | (39) |  |  | (271) |  |  | (40) |

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