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Quarterly report pursuant to Section 13 or 15(d)

PENSIONS AND OTHER POSTRETIREMENT BENEFITS (Tables)

v3.21.2
PENSIONS AND OTHER POSTRETIREMENT BENEFITS (Tables)
9 Months Ended
Sep. 30, 2021
Postemployment Benefits [Abstract]
Schedule of Net Benefit Costs
The following are the components of defined benefit pension and OPEB costs (credits):
Defined Benefit Pension Costs (Credits)
(In Millions)
Three Months Ended
September 30,
Nine Months Ended
September 30,
2021 2020 2021 2020
Service cost $ 14 $ 5听 $ 42 $ 16听
Interest cost 26 20听 78 43听
Expected return on plan assets (89) (38) (269) (93)
Amortization:
Prior service costs 1 1听 1 1听
Net actuarial loss 8 8听 24 21听
Net periodic benefit credits $ (40) $ (4) $ (124) $ (12)
OPEB Costs (Credits)
(In Millions)
Three Months Ended
September 30,
Nine Months Ended
September 30,
2021 2020 2021 2020
Service cost $ 13 $ 1听 $ 38 $ 3听
Interest cost 19 4听 56 11听
Expected return on plan assets (10) (4) (30) (13)
Amortization:
Prior service credits (2) (1) (2) (2)
Net actuarial loss 1 1听 3 2听
Net periodic benefit costs $ 21 $ 1听 $ 65 $ 1听