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v3.22.2.2

Employee Benefit Plans (Tables) | 9 Months Ended
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Sep. 30, 2022
Retirement Benefits [Abstract] |
Schedule of contributions to plans | Contributions to our plans were as follows:
| Quarter Ended September 30, |  | Nine Months Ended September 30,
(dollars in millions) | 2022 |  | 2021 |  | 2022 |  | 2021
U.S. qualified defined benefit plans | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
International defined benefit plans | 18 |  |  | 8 |  |  | 48 |  |  | 29 |
PRB plans | 8 |  |  | 5 |  |  | 18 |  |  | 9 |
Defined contribution plans | 230 |  |  | 221 |  |  | 792 |  |  | 730 |
Schedule of Amounts Recognized in Balance Sheet | The amounts recognized in the Condensed Consolidated Balance Sheet consist of:
(dollars in millions) | September 30, 2022 |  | December 31, 2021
Noncurrent pension assets (included in Other assets) | $ | 4,175 |  |  | $ | 3,214 |
Current pension and PRB liabilities (included in Accrued employee compensation) | 309 |  |  | 310 |
Future pension and postretirement benefit obligations | 7,362 |  |  | 7,855 |
The amounts recognized in Future pension and postretirement benefit obligations consist of:
(dollars in millions) | September 30, 2022 |  | December 31, 2021
Noncurrent pension liabilities | $ | 6,440 |  |  | $ | 6,873 |
Noncurrent PRB liabilities | 852 |  |  | 903 |
Other pension and PRB related items | 70 |  |  | 79 |
Future pension and postretirement benefit obligations | $ | 7,362 |  |  | $ | 7,855 |
Schedule of Net Benefit Costs | The components of net periodic benefit (income) expense for our defined pension and PRB plans were as follows:
| Pension Benefits Quarter Ended September 30, |  | PRB Quarter Ended September 30,
(dollars in millions) | 2022 |  | 2021 |  | 2022 |  | 2021
Operating expense |  |  |  |  |  |  |
Service cost | $ | 118 |  |  | $ | 131 |  |  | $ | 2 |  |  | $ | 2 |
Non-operating expense |  |  |  |  |  |  |
Interest cost | 380 |  |  | 312 |  |  | 7 |  |  | 6 |
Expected return on plan assets | (883) |  |  | (869) |  |  | (5) |  |  | (5) |
Amortization of prior service credit | (40) |  |  | (42) |  |  | — |  |  | (1) |
Recognized actuarial net loss (gain) | 76 |  |  | 109 |  |  | (3) |  |  | (2) |
Net settlement, curtailment and special termination benefit (gain) loss | — |  |  | 1 |  |  | — |  |  | — |
Non-service pension income | (467) |  |  | (489) |  |  | (1) |  |  | (2) |
Total net periodic benefit (income) expense | $ | (349) |  |  | $ | (358) |  |  | $ | 1 |  |  | $ | — |
| Pension Benefits Nine Months Ended September 30, |  | PRB Nine Months Ended September 30,
(dollars in millions) | 2022 |  | 2021 |  | 2022 |  | 2021
Operating expense |  |  |  |  |  |  |
Service cost | $ | 354 |  |  | $ | 393 |  |  | $ | 6 |  |  | $ | 6 |
Non-operating expense |  |  |  |  |  |  |
Interest cost | 1,142 |  |  | 937 |  |  | 21 |  |  | 18 |
Expected return on plan assets | (2,661) |  |  | (2,608) |  |  | (16) |  |  | (15) |
Amortization of prior service credit | (123) |  |  | (126) |  |  | — |  |  | (3) |
Recognized actuarial net loss (gain) | 230 |  |  | 327 |  |  | (9) |  |  | (6) |
Net settlement, curtailment and special termination benefit (gain) loss | (6) |  |  | 4 |  |  | — |  |  | — |
Non-service pension income | (1,418) |  |  | (1,466) |  |  | (4) |  |  | (6) |
Total net periodic benefit (income) expense | $ | (1,064) |  |  | $ | (1,073) |  |  | $ | 2 |  |  | $ | — |
Marketable Securities | The fair value of marketable securities held in trusts was as follows:
(dollars in millions) | September 30, 2022 |  | December 31, 2021
Marketable securities held in trusts | $ | 740 |  |  | $ | 965 |

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- Definition Tabular disclosure of the amounts that are recognized in the balance sheet (or statement of financial position) for pension plans and/or other employee benefit plans, showing separately the assets and current and noncurrent liabilities (if applicable) recognized. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 + Details
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