XML 55 R34.htm IDEA: XBRL DOCUMENT v3.22.2
Pension and Other Postretirement Benefits
 6 Months Ended
Jun. 30, 2022
Retirement Benefits [Abstract]  
Pension and Other Postretirement Plans PENSION AND OTHER POSTRETIREMENT BENEFITS
The following summarizes the components of net periodic benefit costs:
Three Months Ended 
June 30,		Six Months Ended 
June 30,
(In millions)2022202120222021
Pension Benefits
Service cost$65 $72 $133 $148 
Interest cost24 23 47 46 
Expected return on plan assets(37)(29)(78)(62)
Amortization of prior service credit(12)(12)(23)(23)
Amortization of actuarial loss3 14 7 25 
Settlement loss54 49 56 49 
Net periodic pension benefit cost$97 $117 $142 $183 
Other Benefits
Service cost$5 $7 $13 $17 
Interest cost5 8 10 15 
Amortization of prior service cost (credit)(6)— (11)1 
Amortization of actuarial loss1 3 3 5 
Net periodic other benefit cost$5 $18 $15 $38 
The components of net periodic benefit cost other than the service cost component are included in net interest and other financial costs on the consolidated statements of income.
During the six months ended June 30, 2022, we did not make contributions to our funded pension plans. Benefit payments related to unfunded pension and other postretirement benefit plans were $9 million and $31 million, respectively, during the six months ended June 30, 2022.