v3.24.2

PENSIONS AND OTHER POSTRETIREMENT BENEFITS (Tables)

6 Months Ended

Jun. 30, 2024

Retirement Benefits [Abstract]

Schedule of Net Benefit Costs

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

			Pension Benefits															Postretirement Benefits
			Three Months Ended June 30,						Six Months Ended June 30,									Three Months Ended June 30,						Six Months Ended June 30,
In millions			2024			2023			2024			2023						2024			2023			2024			2023
Components of Net Periodic Cost:
Service Cost			$	1		$	2		$	3		$	4					$	—		$	—		$	—		$	—
Interest Cost			6			6			11			11						—			—			—			—
Expected Return on Plan Assets			(6)			(7)			(11)			(12)						—			—			—			—
Net Curtailment/Settlement Loss			1			—			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)

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- References

No definition available.

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- Definition

Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 715
-SubTopic 20
-Subparagraph (h)
-Name Accounting Standards Codification
-Paragraph 1
-Section 50
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

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