Quarterly report pursuant to Section 13 or 15(d)

EMPLOYEE BENEFIT PLANS (Tables)

v3.24.3
EMPLOYEE BENEFIT PLANS (Tables)
 9 Months Ended
Sep. 30, 2024
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 nine months ended September 30, 2024 and 2023 is as follows (in millions):
  U.S. Pension Benefits U.S. Postretirement
Medical Benefits		 International
Pension Benefits
2024 2023 2024 2023 2024 2023
Three Months Ended September 30:
Service cost $ 309  $ 293  $ 5  $ 5  $ 10  $ 11 
Interest cost 644  627  27  29  16  16 
Expected return on assets (770) (742) (1) (3) (22) (21)
Amortization of prior service cost 37  27  —  —  1  1 
Net periodic benefit cost
 $ 220  $ 205  $ 31  $ 31  $ 5  $ 7 
U.S. Pension Benefits U.S. Postretirement
Medical Benefits		 International
Pension Benefits
2024 2023 2024 2023 2024 2023
Nine Months Ended September 30:
Service cost $ 929  $ 879  $ 15  $ 15  $ 32  $ 33 
Interest cost 1,932  1,881  81  87  50  49 
Expected return on assets (2,313) (2,225) (3) (9) (64) (63)
Amortization of prior service cost 114  80  —  1  1  1 
Net periodic benefit cost
 $ 662  $ 615  $ 93  $ 94  $ 19  $ 20