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Employee Benefit Plans (Tables)
6 Months Ended
Jun. 30, 2023
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 June 30,
 Pension Benefits
U.S. PlansNon-U.S. PlansRetiree Health
Components of Net Periodic Benefit Costs:202320222023202220232022
Service cost$— $$$$— $
Interest cost27 24 47 33 
Expected return on plan assets(24)(24)(51)(59)— — 
Recognized net actuarial loss (gain)(4)(1)
Amortization of prior service cost (credit)— — — (3)(3)
Recognized settlement loss15 — — — — 
Defined benefit plans14 19 (16)(5)(1)
Defined contribution plansn/an/a
Net Periodic Benefit Cost (Credit)19 24 (12)(5)(1)
Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income (Loss):
Net actuarial loss (gain)(1)
44 (7)(48)31 (5)— 
Prior service cost— — 36 48 — — 
Amortization of net actuarial (loss) gain(11)(18)(4)(6)
Amortization of net prior service (cost) credit— — (2)— 
Total Recognized in Other Comprehensive Income (Loss)(2)
33 (25)(18)73 
Total Recognized in Net Periodic Benefit Cost (Credit) and Other Comprehensive Income (Loss)$52 $(1)$(11)$61 $(3)$
Six Months Ended June 30,
Pension Benefits
U.S. PlansNon-U.S. PlansRetiree Health
Components of Net Periodic Benefit Costs:202320222023202220232022
Service cost$— $$$$— $
Interest cost54 44 93 62 
Expected return on plan assets(49)(51)(107)(114)— — 
Recognized net actuarial loss (gain)12 (6)(1)
Amortization of prior service cost (credit)— — — (7)(7)
Recognized settlement loss12 33 — — — — 
Defined benefit plans24 34 (4)(32)(8)(3)
Defined contribution plans10 10 n/an/a
Net Periodic Benefit Cost (Credit)33 44 (24)(8)(3)
Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income (Loss):
Net actuarial loss (gain)(1)
37 (48)31 (5)(7)
Prior service cost (credit)— — 36 48 — (23)
Amortization of net actuarial (loss) gain(19)(40)(5)(12)
Amortization of prior service (cost) credit— — (3)— 
Total Recognized in Other Comprehensive Income (Loss)(2)
18 (33)(20)67 (22)
Total Recognized in Net Periodic Benefit Cost (Credit) and Other Comprehensive Income (Loss)$51 $11 $(14)$43 $— $(25)
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(1)The 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 non-U.S. net actuarial (gain) loss reflects remeasurements related to the Pension Plan amendments in the U.K. in second quarter 2023 and 2022, respectively. The Retiree Health plan's net actuarial gain reflects adjustments for the actuarial valuation results based on the January 1st plan census data in 2023, and remeasurements related to a Plan Amendment for our U.S. Plan in 2022.
(2)Amounts represent the pre-tax effect included within Other Comprehensive Income (Loss). Refer to Note 19 - Other Comprehensive Income (Loss) 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:
Six Months Ended
June 30,
Year Ended
December 31,
20232022
Estimated 2023
2022
U.S. plans$12 $12 $55 $24 
Non-U.S. plans13 51 25 81 
Total Pension plans25 63 80 105 
Retiree Health25 19 
Total Retirement plans$32 $72 $105 $124