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Benefit Plans | 6 Months Ended
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Jun. 30, 2026
Retirement Benefits [Abstract] |
Benefit Plans | Benefit Plans The components of net periodic (benefit) cost for defined benefit pension plans are summarized in the following table:
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
(Dollars in millions) | Income Statement Location | 2026 |  | 2025 |  | 2026 |  | 2025
Service cost | Personnel expense | $ | 75 |  |  | $ | 69 |  |  | $ | 150 |  |  | $ | 137 |
Interest cost | Other expense | 122 |  |  | 114 |  |  | 244 |  |  | 228 |
Estimated return on plan assets | Other expense | (267) |  |  | (242) |  |  | (534) |  |  | (485) |
Net periodic (benefit) cost |  | $ | (70) |  |  | $ | (59) |  |  | $ | (140) |  |  | $ | (120) |
Truist may make contributions to the qualified pension plan up to the maximum amount deductible for federal income tax purposes. Refer to “Note 15. Benefit Plans” in Truist’s Annual Report on Form 10-K for the year ended December 31, 2025 for additional discussion of Truist’s benefit plans.

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