XML 91 R75.htm IDEA: XBRL DOCUMENT v3.22.4
Pension and Other Postretirement Benefits (Details 2) - USD ($)
 3 Months Ended 12 Months Ended
Dec. 31, 2022
Sep. 30, 2022
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Net periodic benefit cost and other amounts recognized in accumulated other comprehensive loss:          
Settlement loss $ 4,000,000 $ 24,000,000 $ 21,000,000    
Curtailment gains     4,000,000    
North America | Pension Plans          
Pre-tax amounts recognized in accumulated other comprehensive loss          
Prior service cost 0   0 $ 3,000,000  
Net actuarial loss (gain) 6,000,000   6,000,000 43,000,000  
Pre-tax amounts recognized in accumulated other comprehensive loss, total 6,000,000   6,000,000 46,000,000  
Net periodic benefit cost and other amounts recognized in accumulated other comprehensive loss:          
Service cost     16,000,000 20,000,000 $ 17,000,000
Interest cost     19,000,000 21,000,000 25,000,000
Expected return on plan assets     (22,000,000) (24,000,000) (30,000,000)
Settlement loss     21,000,000 0 0
Curtailment gains     (4,000,000) 0 0
Amortization of prior service cost     1,000,000 1,000,000 1,000,000
Amortization of actuarial loss (gain)     0 5,000,000 3,000,000
Net periodic benefit cost (income)     31,000,000 23,000,000 16,000,000
Net actuarial (gain) loss     (2,000,000) (31,000,000) (1,000,000)
Settlement loss     (21,000,000) 0 0
Curtailment effects     (20,000,000) 0 0
Curtailment gains     4,000,000 0 0
Amortization of prior service (cost) benefit     (1,000,000) (1,000,000) (1,000,000)
Amortization of actuarial (loss) gain     0 (5,000,000) (3,000,000)
Total recognized in other comprehensive (income) loss     (40,000,000) (37,000,000) (5,000,000)
Total recognized in net periodic benefit cost (income) and other comprehensive (income) loss     (9,000,000) (14,000,000) 11,000,000
Benefit obligation and fair value of plan assets by pension plans          
Accumulated benefit obligation 269,000,000   269,000,000 797,000,000  
Accumulated benefit obligation 163,000,000   163,000,000 0  
Fair value of plan assets 143,000,000   143,000,000 0  
Projected benefit obligation (167,000,000)   (167,000,000) (684,000,000)  
Fair value of plan assets 143,000,000   143,000,000 656,000,000  
Consolidated pension funding contributions for 2022 17,000,000   17,000,000    
North America | Retiree Medical          
Pre-tax amounts recognized in accumulated other comprehensive loss          
Prior service cost 0   0 0  
Net actuarial loss (gain) (4,000,000)   (4,000,000) 4,000,000  
Pre-tax amounts recognized in accumulated other comprehensive loss, total (4,000,000)   (4,000,000) 4,000,000  
Net periodic benefit cost and other amounts recognized in accumulated other comprehensive loss:          
Service cost     0 0 0
Interest cost     1,000,000 1,000,000 1,000,000
Expected return on plan assets     0 0 0
Settlement loss     0 0 0
Curtailment gains     0 0 0
Amortization of prior service cost     0 0 0
Amortization of actuarial loss (gain)     0 0 (1,000,000)
Net periodic benefit cost (income)     1,000,000 1,000,000 0
Net actuarial (gain) loss     (8,000,000) 0 1,000,000
Settlement loss     0 0 0
Curtailment effects     0 0 0
Curtailment gains     0 0 0
Amortization of prior service (cost) benefit     0 0 0
Amortization of actuarial (loss) gain     0 0 1,000,000
Total recognized in other comprehensive (income) loss     (8,000,000) 0 2,000,000
Total recognized in net periodic benefit cost (income) and other comprehensive (income) loss     (7,000,000) 1,000,000 2,000,000
UNITED KINGDOM          
Pre-tax amounts recognized in accumulated other comprehensive loss          
Prior service cost 1,000,000   1,000,000 1,000,000  
Net actuarial loss (gain) 56,000,000   56,000,000 89,000,000  
Pre-tax amounts recognized in accumulated other comprehensive loss, total 57,000,000   57,000,000 90,000,000  
UNITED KINGDOM | Pension Plans          
Net periodic benefit cost and other amounts recognized in accumulated other comprehensive loss:          
Service cost     0 0 0
Interest cost     10,000,000 9,000,000 11,000,000
Expected return on plan assets     (14,000,000) (14,000,000) (14,000,000)
Settlement loss     0 0 0
Curtailment gains     0 0 0
Amortization of prior service cost     0 0 0
Amortization of actuarial loss (gain)     2,000,000 4,000,000 3,000,000
Net periodic benefit cost (income)     (2,000,000) (1,000,000) 0
Net actuarial (gain) loss     (22,000,000) (36,000,000) (4,000,000)
Settlement loss     0 0 0
Curtailment effects     0 0 0
Curtailment gains     0 0 0
Amortization of prior service (cost) benefit     0 0 0
Amortization of actuarial (loss) gain     (2,000,000) (4,000,000) (3,000,000)
Total recognized in other comprehensive (income) loss     (24,000,000) (40,000,000) (7,000,000)
Total recognized in net periodic benefit cost (income) and other comprehensive (income) loss     (26,000,000) (41,000,000) $ (7,000,000)
Benefit obligation and fair value of plan assets by pension plans          
Accumulated benefit obligation 347,000,000   347,000,000 590,000,000  
Fair value of plan assets 320,000,000   320,000,000 505,000,000  
Projected benefit obligation (347,000,000)   (347,000,000) (590,000,000)  
Fair value of plan assets 320,000,000   320,000,000 $ 505,000,000  
Consolidated pension funding contributions for 2022 $ 25,000,000   $ 25,000,000