v3.24.2
PENSIONS AND OTHER POSTRETIREMENT BENEFITS
 6 Months Ended
Jun. 30, 2024
Retirement Benefits [Abstract]  
PENSIONS AND OTHER POSTRETIREMENT BENEFITS PENSIONS AND OTHER POSTRETIREMENT BENEFITS
The Company maintains both defined benefit pension plans and postretirement health care plans that provide medical and life insurance coverage to eligible salaried and hourly retired employees in North America and their dependents. The Company maintains international defined benefit pension plans which are either noncontributory or contributory and are funded in accordance with applicable local laws. Pension or termination benefits are based primarily on years of service and the employee's compensation. Currently, the North American plans are closed to newly-hired employees.
Pension and Postretirement Expense

The pension expenses related to the Company’s plans consisted of the following:

Pension BenefitsPostretirement Benefits
Three Months Ended
June 30,		Six Months Ended
June 30,		 Three Months Ended
June 30,		Six Months Ended
June 30,
In millions20242023202420232024202320242023
Components of Net Periodic Cost:
Service Cost$1 $2 $3 $4 $— $— $— $— 
Interest Cost6 6 11 11 — — — — 
Expected Return on Plan Assets(6)(7)(11)(12)— — — — 
Net Curtailment/Settlement Loss1 — 1 — — — — — 
Amortization:
Actuarial Loss (Gain)1 2 2 3 (1)(1)(1)(1)
Net Periodic Cost (Benefit)$3 $3 $6 $6 $(1)$(1)$(1)$(1)

Employer Contributions

The Company made $4 million of contributions to its pension plans during the first six months of 2024 and 2023. The Company expects to make contributions in the range of $10 million to $20 million for the full year of 2024.

The Company made $1 million of postretirement health care benefit payments during the first six months of 2024 and 2023. For the full year 2024, the Company expects to make approximately $1 million in contributions to its postretirement health care plans.