EMPLOYEE BENEFIT PLANS - Net Periodic Benefit Cost for Pension and Postretirement Benefit Plans (Details) - USD ($) $ in Millions |
3 Months Ended | |
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Mar. 31, 2024 |
Mar. 31, 2023 |
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Defined Benefit Pension Plan | U.S. Pension Benefits | ||
Net Periodic Cost: | ||
Service cost | $ 310 | $ 293 |
Interest cost | 644 | 627 |
Expected return on assets | (771) | (742) |
Amortization of prior service cost | 38 | 27 |
Net periodic benefit cost | 221 | 205 |
Defined Benefit Pension Plan | International Pension Benefits | ||
Net Periodic Cost: | ||
Service cost | 11 | 11 |
Interest cost | 17 | 17 |
Expected return on assets | (21) | (21) |
Amortization of prior service cost | 0 | 0 |
Net periodic benefit cost | 7 | 7 |
U.S. Postretirement Medical Benefits | U.S. Pension Benefits | ||
Net Periodic Cost: | ||
Service cost | 5 | 5 |
Interest cost | 27 | 29 |
Expected return on assets | (1) | (3) |
Amortization of prior service cost | 0 | 0 |
Net periodic benefit cost | $ 31 | $ 31 |
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- Definition Amount of prior service cost (credit) recognized in net periodic benefit cost (credit) of defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of expected return (loss) recognized in net periodic benefit (cost) credit, calculated based on expected long-term rate of return and market-related value of plan assets of defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of cost recognized for passage of time related to defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of net periodic benefit cost (credit) for defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition Amount of cost for actuarial present value of benefits attributed to service rendered by employee for defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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