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Benefit Obligations | 6 Months Ended
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Jun. 30, 2025
Retirement Benefits [Abstract] |
Benefit Obligations | Benefit Obligations The components of net periodic benefit cost are as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
| 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 |  |  | — |  |  | 4 |  |  | — |  |  | 7 |  |  | — |  |  | 7 |  |  | — |
Interest cost | 31 |  |  | — |  |  | 32 |  |  | — |  |  | 60 |  |  | 1 |  |  | 63 |  |  | 1 |
Expected return on plan assets | (32) |  |  | — |  |  | (34) |  |  | — |  |  | (64) |  |  | — |  |  | (68) |  |  | — |
Total | 2 |  |  | — |  |  | 2 |  |  | — |  |  | 3 |  |  | 1 |  |  | 2 |  |  | 1 |
Benefit obligation funding is as follows:
| As of June 30, 2025 |  | Total Expected 2025 |
| (In $ millions) |
Cash contributions to defined benefit pension plans | 14 |  |  | 30 |  |
Benefit payments to nonqualified pension plans | 9 |  |  | 18 |  |
Benefit payments to other postretirement benefit plans | 4 |  |  | 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 June 30, 2025 |  | As of December 31, 2024
| Pension Benefits |  | Post-retirement Benefits |  | Pension Benefits |  | Post-retirement Benefits
| (In $ millions)
Noncurrent Other assets | 149 |  |  | — |  |  | 135 |  |  | — |
Current Other liabilities | (22) |  |  | (4) |  |  | (22) |  |  | (3) |
Benefit obligations | (373) |  |  | (33) |  |  | (358) |  |  | (31) |
Net amount recognized | (246) |  |  | (37) |  |  | (245) |  |  | (34) |

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