XML 61 R47.htm IDEA: XBRL DOCUMENT v3.22.2.2
Employee Benefit Plans (Tables)
 9 Months Ended
Sep. 30, 2022
Retirement Benefits [Abstract]  
Schedule of Components of Net Periodic Benefit Cost and Other Changes in Plan Assets and Benefit Obligations
The components of Net periodic benefit cost and other changes in plan assets and benefit obligations were as follows:
Three Months Ended September 30,
 Pension Benefits
U.S. PlansNon-U.S. PlansRetiree Health
Components of Net Periodic Benefit Costs:202220212022202120222021
Service cost$— $— $4 $5 $— $— 
Interest cost24 19 32 23 2 2 
Expected return on plan assets(22)(29)(58)(53)— — 
Recognized net actuarial loss (gain)3 4 6 15 (1)— 
Amortization of prior service credit— — 1 — (4)(16)
Recognized settlement loss10 13 — — — — 
Defined benefit plans15 7 (15)(10)(3)(14)
Defined contribution plans5 — 3 5 n/an/a
Net Periodic Benefit Cost (Credit)20 7 (12)(5)(3)(14)
Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive (Loss) Income:
Net actuarial loss (gain)(1)
27 (14)1 — (13)1 
Prior service credit— — — — (10)— 
Amortization of net actuarial (loss) gain(13)(17)(6)(15)1 — 
Amortization of net prior service credit— — (1)— 4 16 
Total Recognized in Other Comprehensive (Loss) Income(2)
14 (31)(6)(15)(18)17 
Total Recognized in Net Periodic Benefit Cost (Credit) and Other Comprehensive (Loss) Income$34 $(24)$(18)$(20)$(21)$3 
Nine Months Ended September 30,
Pension Benefits
U.S. PlansNon-U.S. PlansRetiree Health
Components of Net Periodic Benefit Costs:202220212022202120222021
Service cost$1 $1 $12 $15 $1 $1 
Interest cost68 56 94 67 6 6 
Expected return on plan assets(73)(84)(172)(157)— — 
Recognized net actuarial loss (gain)10 13 18 44 (2)— 
Amortization of prior service credit— (1)1 — (11)(49)
Recognized settlement loss43 41 — — — — 
Defined benefit plans49 26 (47)(31)(6)(42)
Defined contribution plans15 — 11 15 n/an/a
Net Periodic Benefit Cost (Credit)64 26 (36)(16)(6)(42)
Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive (Loss) Income:
Net actuarial loss (gain)(1)
34 (83)32 1 (20)3 
Prior service cost (credit)— — 48 — (33)— 
Amortization of net actuarial (loss) gain(53)(54)(18)(44)2 — 
Amortization of prior service credit— 1 (1)— 11 49 
Total Recognized in Other Comprehensive (Loss) Income(2)
(19)(136)61 (43)(40)52 
Total Recognized in Net Periodic Benefit Cost (Credit) and Other Comprehensive (Loss) Income$45 $(110)$25 $(59)$(46)$10 
_____________
(1)The 2022 and 2021 net actuarial loss (gain) for U.S. Pension Plans primarily reflects (i) the remeasurement of our primary U.S. pension plans as a result of the payment of periodic settlements and (ii) adjustments for the actuarial valuation results based on the January 1st plan census data. The 2022 net actuarial loss for Non-U.S. Plans reflects the remeasurement related to the second quarter 2022 Pension Plan amendment for our UK Defined Benefit Pension Plan..The 2022 net actuarial gain for Retiree Health plans reflect remeasurements related to the first and third quarter 2022 Plan Amendments for our U.S. Plan.
(2)Amounts represent the pre-tax effect included within Other Comprehensive (Loss) Income. Refer to Note 20 - Other Comprehensive (Loss) Income for related tax effects and the after-tax amounts.
Schedule of Defined Benefit and Retiree Health Pension Plans, Actual and Expected Cash Contributions The following table summarizes cash contributions to our defined benefit pension plans and retiree health benefit plans:
Nine Months Ended
September 30,		Year Ended
December 31,
20222021
Estimated 2022
2021
U.S. plans$18 $18 $25 $24 
Non-U.S. plans75 84 95 111 
Total Pension plans93 102 120 135 
Retiree Health13 17 25 25 
Total Retirement plans$106 $119 $145 $160