Pensions and Other Postretirement Benefits

6 Months Ended

Jun. 30, 2024

Retirement Benefits [Abstract]

Pensions and Other Postretirement Benefits

Pensions and Other Postretirement Benefits

	Three Months Ended June 30, 2024						Three Months Ended June 30, 2023
	Pension Benefits				Global OPEB Plans		Pension Benefits				Global OPEB Plans
	U.S.		Non-U.S.				U.S.		Non-U.S.
Service cost	$	47	$	36	$	2	$	43	$	42	$	2
Interest cost	533		133		58		568		176		59
Expected return on plan assets	(685)		(137)		—		(730)		(184)		—
Amortization of prior service cost (credit)	15		1		(1)		—		—		(1)
Amortization of net actuarial (gains) losses	2		11		—		—		9		(5)
Net periodic pension and OPEB (income) expense	$	(88)	$	44	$	59	$	(119)	$	43	$	55

	Six Months Ended June 30, 2024						Six Months Ended June 30, 2023
	Pension Benefits				Global OPEB Plans		Pension Benefits				Global OPEB Plans
	U.S.		Non-U.S.				U.S.		Non-U.S.
Service cost	$	94	$	70	$	5	$	87	$	84	$	4
Interest cost	1,066		261		114		1,136		337		118
Expected return on plan assets	(1,370)		(268)		—		(1,460)		(352)		—
Amortization of prior service cost (credit)	30		2		(1)		(1)		1		(1)
Amortization of net actuarial (gains) losses	4		23		—		—		17		(11)
Net periodic pension and OPEB (income) expense	$	(176)	$	88	$	118	$	(238)	$	87	$	110

The non-service cost components of net periodic pension and other postretirement benefits (OPEB) income presented in Interest income and other non-operating income, net are insignificant in the three months ended June 30, 2024 and 2023 and insignificant and $172 million in the six months ended June 30, 2024 and 2023.