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Pension, Postretirement and Savings Plans (Tables) | 12 Months Ended
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Dec. 31, 2024
Retirement Benefits [Abstract] |
Changes in Projected Benefit Obligations, Fair Value of Plan Assets, and Funded Status of Plan | The following table sets forth the components of the Pension Plans recognized on the Company’s consolidated balance sheets at December 31:
|  | 2024 |  | 2023
|  | (in millions)
Fair value of plan assets |  | $ | 454 |  |  | $ | 449 |
Projected benefit obligation |  | 410 |  |  | 420 |
Accumulated benefit obligation |  | 408 |  |  | 419 |
Funded Status |  | 44 |  | 29

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- Definition Tabular disclosure of the change in the benefit obligation, fair value of plan assets, and funded status of pension plans or other employee benefit plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Subparagraph (a)(b)(c) -Paragraph 1 -SubTopic 20 -Topic 715 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480506/715-20-50-1 + Details
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