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RETIREMENT BENEFITS PLANS | 3 Months Ended
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Mar. 31, 2023
Retirement Benefits [Abstract] |
RETIREMENT BENEFITS PLANS | The components of retirement benefits expense (income) are as follows:
| United States pension benefit expense (income) |  | Non-United States pension benefit expense (income) |  | Other postretirement benefits expense (income)
| Three months ended March 31
(In millions) | 2023 |  | 2022 |  | 2023 |  | 2022 |  | 2023 |  | 2022
Service cost | $ | 5 |  |  | $ | 8 |  |  | $ | 11 |  |  | $ | 16 |  |  | $ | — |  |  | $ | — |
Interest cost | 36 |  |  | 20 |  |  | 21 |  |  | 12 |  |  | 2 |  |  | 2 |
Expected return on plan assets | (49) |  |  | (53) |  |  | (30) |  |  | (31) |  |  | — |  |  | — |
Amortization | 1 |  |  | 8 |  |  | 1 |  |  | 12 |  |  | (4) |  |  | (2) |
| (7) |  |  | (17) |  |  | 3 |  |  | 9 |  |  | (2) |  |  | — |
Settlements | 9 |  |  | 14 |  |  | 1 |  |  | — |  |  | — |  |  | — |
Total expense (income) | $ | 2 |  |  | $ | (3) |  |  | $ | 4 |  |  | $ | 9 |  |  | $ | (2) |  |  | $ | — |
The components of retirement benefits expense (income) other than service costs are included in Other income - net. During 2020, the Company announced it was freezing its United States pension plans for its non-union employees. The freeze was effective January 1, 2021 for non-union U.S. employees whose retirement benefit was determined under a cash balance formula and is effective January 1, 2026 for non-union U.S. employees whose retirement benefit is determined under a final average pay formula. During the first quarter of 2023 and 2022, the Company recognized settlement losses from lump-sum distributions of $10 million and $14 million, respectively. During the first quarter of 2022, the Company remeasured certain pension plans as a result of lump-sum distributions exceeding or expected to exceed the sum of service and interest costs for the year. These remeasurements resulted in an increase of $47 million in funded status and corresponding decrease in Accumulated other comprehensive loss in the first quarter of 2022.

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