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v3.24.2

EMPLOYEE BENEFIT PLANS (Tables) | 6 Months Ended
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Jun. 30, 2024
Retirement Benefits [Abstract] |
Schedule of Components of Net Periodic Benefit Cost | Components of net pension expense for defined benefit pension plans were as follows:
|  | Three months ended June 30, |  | Six months ended June 30,
(In millions) |  | 2024 |  | 2023 |  | 2024 |  | 2023
Company-administered plans: |  |  |  |  |  |  |  |
Service cost |  | $ | 1 |  |  | $ | — |  |  | $ | 1 |  |  | $ | — |
Interest cost |  | 21 |  |  | 23 |  |  | 43 |  |  | 45 |
Expected return on plan assets |  | (19) |  |  | (19) |  |  | (38) |  |  | (38) |
Amortization of net actuarial loss and prior service cost |  | 7 |  |  | 6 |  |  | 15 |  |  | 13 |
Net pension expense |  | $ | 10 |  |  | $ | 10 |  |  | $ | 21 |  |  | $ | 20 |
Company-administered plans: |  |  |  |  |  |  |  |
U.S. |  | $ | 7 |  |  | $ | 7 |  |  | $ | 15 |  |  | $ | 15 |
Non-U.S. |  | 3 |  |  | 3 |  |  | 6 |  |  | 5 |
Net pension expense |  | $ | 10 |  |  | $ | 10 |  |  | $ | 21 |  |  | $ | 20 |

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- Definition Tabular disclosure of one or more of the entity's defined benefit pension plans or one or more other defined benefit postretirement plans, separately for pension plans and other postretirement benefit plans. + References No definition available. + Details
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