Quarterly report pursuant to Section 13 or 15(d)

EMPLOYEE BENEFIT PLANS (Tables)

v3.20.2
EMPLOYEE BENEFIT PLANS (Tables)
6 Months Ended
Jun. 30, 2020
Retirement Benefits [Abstract]  
Schedule of Defined Benefit Plans Disclosures
Information about the net periodic benefit cost for our company-sponsored pension and postretirement benefit plans for the three and six months ended June 30, 2020 and 2019 is as follows (in millions):
  U.S. Pension Benefits U.S. Postretirement
Medical Benefits
International
Pension Benefits
2020 2019 2020 2019 2020 2019
Three Months Ended June 30:
Service cost $ 463    $ 360    $   $   $ 17    $ 14   
Interest cost 494    517    22    27    10    11   
Expected return on assets (887)   (783)   (2)   (2)   (21)   (19)  
Amortization of prior service cost 54    55           
Net periodic benefit cost $ 124    $ 149    $ 30    $ 32    $   $  
U.S. Pension Benefits U.S. Postretirement
Medical Benefits
International
Pension Benefits
2020 2019 2020 2019 2020 2019
Six Months Ended June 30:
Service cost $ 927    $ 719    $ 15    $ 12    $ 33    $ 28   
Interest cost 988    1,034    45    54    20    23   
Expected return on assets (1,775)   (1,565)   (4)   (4)   (42)   (38)  
Amortization of prior service cost 109    109           
Net periodic benefit cost $ 249    $ 297    $ 60    $ 65    $ 12    $ 14