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Employee Postretirement Benefits (Tables)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Benefit Cost Information or Defined Benefit Plan and Other Postretirement Benefit Plan
Summarized financial information about postretirement plans, excluding defined contribution retirement plans, is presented below:
Pension BenefitsOther Benefits
Year Ended December 31
2024202320242023
Change in Benefit Obligation
Benefit obligation at beginning of year$2,469 $2,441 $531 $533 
Service cost12 13 4 4 
Interest cost115 121 28 30 
Actuarial (gain) loss(a)
(129)59 (3)13 
Currency and other(42)51 (12)5 
Benefit payments from plans(175)(141)— — 
Direct benefit payments(9)(9)(51)(54)
Settlements and curtailments(5)(66)— — 
Benefit obligation at end of year2,236 2,469 497 531 
Change in Plan Assets
Fair value of plan assets at beginning of year2,329 2,321 — — 
Actual return on plan assets(29)137 — — 
Employer contributions15 26 — — 
Currency and other(43)52 — — 
Benefit payments(175)(141)— — 
Settlements(4)(66)— — 
Fair value of plan assets at end of year2,093 2,329 — — 
Funded Status$(143)$(140)$(497)$(531)
(a)    The actuarial net gains in 2024 and actuarial net losses in 2023 were primarily due to discount rate increases and decreases, respectively.
  
Changes in Projected Benefit Obligations, Fair Value of Plan Assets, and Funded Status of Plan
Information for the Principal Plans and All Other Pension Plans
Principal PlansAll Other Pension PlansTotal
Year Ended December 31
202420232024202320242023
Projected benefit obligation (“PBO”)$1,900 $2,123 $336 $346 $2,236 $2,469 
Accumulated benefit obligation (“ABO”)1,900 2,123 289 298 2,189 2,421 
Fair value of plan assets1,795 2,019 298 310 2,093 2,329 
  
Pension Plans with an ABO in Excess of Plan Assets
Information for Pension Plans with an ABO in Excess of Plan Assets
December 31
20242023
ABO$2,056 $2,273 
Fair value of plan assets1,877 2,095 
  
Pension Plans with a PBO in Excess of Plan Assets
Information for Pension Plans with a PBO in Excess of Plan Assets
December 31
20242023
PBO$2,067 $2,288 
Fair value of plan assets1,878 2,102 
  
Components of Net Periodic Benefit Cost
Components of Net Periodic Benefit Cost
Pension BenefitsOther Benefits
Year Ended December 31
202420232022202420232022
Service cost$12 $13 $16 $4 $4 $7 
Interest cost115 121 89 28 30 21 
Expected return on plan assets(a)
(124)(128)(123)— — — 
Recognized net actuarial (gain) loss40 39 34 — (3)1 
Settlements and curtailments2 35 52 — — — 
Other— — 1 — 1 (1)
Net periodic benefit cost$45 $80 $69 $32 $32 $28 
(a)The expected return on plan assets is determined by multiplying the fair value of plan assets at the remeasurement date, typically the prior year-end adjusted for estimated current year cash benefit payments and contributions, by the expected long-term rate of return.
  
Weighted-Average Assumptions Used to Determine Net Cost
Weighted-Average Assumptions Used to Determine Net Periodic Benefit Cost for Years Ended December 31
Pension BenefitsOther Benefits
Projected 2025202420232022202420232022
Discount rate5.33 %4.89 %5.19 %2.71 %5.66 %5.92 %3.15 %
Expected long-term return on plan assets6.09 %5.57 %5.75 %3.80 %— — — 
Rate of compensation increase3.47 %3.53 %3.49 %3.23 %— — — 
Weighted-Average Assumptions Used to Determine Benefit Obligations as of December 31
Pension BenefitsOther Benefits
2024202320242023
Discount rate5.33 %4.89 %6.04 %5.66 %
Rate of compensation increase3.47 %3.53 %— — 
  
Estimated Future Benefit Payments Over the next ten years, we expect that the following gross benefit payments will occur:
Pension BenefitsOther Benefits
2025$179 $53 
2026182 55 
2027182 54 
2028181 52 
2029178 50 
2030-2034866 218 
  
Pension Plan Assets of the Principal Plans Measured at Fair Value
Fair Value Measurements as of December 31, 2024
Total Plan AssetsAssets at Quoted Prices in Active Markets for Identical Assets
(Level 1)		Assets at Significant Observable Inputs
(Level 2)		Assets at Significant Unobservable Inputs
(Level 3)
Cash and Cash Equivalents
Held directly$25 $16 $9 $— 
Fixed Income
Held directly
U.S. government and municipals112 94 18 — 
U.S. corporate debt304 — 304 — 
U.S. securitized1 — 1 — 
International bonds50 — 50 — 
Held through mutual and pooled funds measured at net asset value
U.S. government and municipals289 — — — 
Non-U.S. securitized69 — — — 
International bonds509 — — — 
Equity
Held directly
U.S. equity14 14 — — 
International equity11 11 — — 
Held through mutual and pooled funds measured at net asset value
Non-U.S. equity2 — — — 
Global equity218 — — — 
Insurance Contracts194 — — 194 
Other(3)(3)— — 
Total Plan Assets$1,795 $132 $382 $194 
Fair Value Measurements as of December 31, 2023
Total Plan AssetsAssets at Quoted Prices in Active Markets for Identical Assets
(Level 1)		Assets at Significant Observable Inputs
(Level 2)		Assets at Significant Unobservable Inputs
(Level 3)
Cash and Cash Equivalents
Held directly$34 $23 $11 $— 
Fixed Income
Held directly
U.S. government and municipals98 97 1 — 
U.S. corporate debt203 — 203 — 
International bonds38 — 38 — 
Held through mutual and pooled funds measured at net asset value
U.S. government and municipals85 — — — 
U.S. corporate debt408 — — — 
Non-U.S. securitized67 — — — 
International bonds591 — — — 
Equity
Held directly
U.S. equity21 21 — — 
International equity15 15 — — 
Held through mutual and pooled funds measured at net asset value
Non-U.S. equity3 — — — 
Global equity224 — — — 
Insurance Contracts230 — — 230 
Other2 2 — — 
Total Plan Assets$2,019 $158 $253 $230