Quarterly report pursuant to Section 13 or 15(d)

EMPLOYEE BENEFIT PLANS (Tables)

v3.23.2
EMPLOYEE BENEFIT PLANS (Tables)
6 Months Ended
Jun. 30, 2023
Retirement Benefits [Abstract]  
Schedule of Defined Benefit Plans Disclosures Information about the net periodic benefit cost (income) for our company-sponsored pension and postretirement benefit plans for the three and six months ended June 30, 2023 and 2022 is as follows (in millions):
  U.S. Pension Benefits U.S. Postretirement
Medical Benefits
International
Pension Benefits
2023 2022 2023 2022 2023 2022
Three Months Ended June 30:
Service cost $ 293  $ 506  $ $ $ 11  $ 17 
Interest cost 627  487  29  21  16  11 
Expected return on assets (741) (820) (3) (1) (21) (20)
Amortization of prior service cost 26  23  —  — 
Net periodic benefit cost (income) $ 205  $ 196  $ 32  $ 27  $ $
U.S. Pension Benefits U.S. Postretirement
Medical Benefits
International
Pension Benefits
2023 2022 2023 2022 2023 2022
Six Months Ended June 30:
Service cost $ 586  $ 1,012  $ 10  $ 15  $ 22  $ 35 
Interest cost 1,254  975  58  41  33  23 
Expected return on assets (1,483) (1,640) (6) (2) (42) (40)
Amortization of prior service cost 53  46  —  — 
Settlement and curtailment (gain) loss —  —  —  —  —  (33)
Net periodic benefit cost (income) $ 410  $ 393  $ 63  $ 54  $ 13  $ (14)