Quarterly report pursuant to Section 13 or 15(d)

EMPLOYEE BENEFIT PLANS (Tables)

v3.24.2.u1
EMPLOYEE BENEFIT PLANS (Tables)
 6 Months Ended
Jun. 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 six months ended June 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 June 30:
Service cost $ 310  $ 293  $ 5  $ 5  $ 11  $ 11 
Interest cost 644  627  27  29  17  16 
Expected return on assets (772) (741) (1) (3) (21) (21)
Amortization of prior service cost 39  26  —  1  —  — 
Net periodic benefit cost
 $ 221  $ 205  $ 31  $ 32  $ 7  $ 6 
U.S. Pension Benefits U.S. Postretirement
Medical Benefits		 International
Pension Benefits
2024 2023 2024 2023 2024 2023
Six Months Ended June 30:
Service cost $ 620  $ 586  $ 10  $ 10  $ 22  $ 22 
Interest cost 1,288  1,254  54  58  34  33 
Expected return on assets (1,543) (1,483) (2) (6) (42) (42)
Amortization of prior service cost 77  53  —  1  —  — 
Net periodic benefit cost (income) $ 442  $ 410  $ 62  $ 63  $ 14  $ 13