Pension and Other Postretirement Benefits (Tables)

9 Months Ended

Sep. 30, 2022

Compensation And Retirement Disclosure [Abstract]

Components of Net Periodic Benefit Cost

The components of net periodic benefit cost were as follows:

	Third quarter ended September 30,						Nine months ended September 30,
Pension benefits	2022			2021			2022			2021
Service cost	$	3		$	6		$	10		$	16
Interest cost(1)		24			30			78			88
Expected return on plan assets(1)		(35	)		(71	)		(123	)		(217	)
Recognized net actuarial loss(1)		19			48			74			149
Settlements(2)		626			8			626			47
Net periodic benefit cost	$	637		$	21		$	665		$	83

	Third quarter ended September 30,						Nine months ended September 30,
Other postretirement benefits	2022			2021			2022			2021
Service cost	$	1			—		$	3		$	3
Interest cost(1)		4			4			12			12
Recognized net actuarial loss(1)		5			5			14			16
Amortization of prior service benefit(1)		(4	)		(3	)		(11	)		(11	)
Settlements(2)		—			—			—			26
Curtailments(2)		—			—			—			(17	)
Net periodic benefit cost	$	6		$	6		$	18		$	29

⁽¹⁾ These amounts were reported in Other expense (income), net on the accompanying Statement of Consolidated Operations (see Note Q).

⁽²⁾ These amounts were reported in Restructuring and other charges, net on the accompanying Statements of Consolidated Operations (see Note D) and Cash Flows.

Summary of Information in Curtailment or Settlement of Benefits Requiring Remeasurement, Update to Discount Rates Used to Determine Benefit Obligations of Affected Plans

The following table presents certain information and the financial impacts of these actions on the accompanying Consolidated Financial Statements:

Action #	Number of affected plan participants	Weighted average discount rate as of prior plan remeasurement date	Plan remeasurement date	Weighted average discount rate as of plan remeasurement date	Increase to accrued pension benefits liability		Increase (decrease) to other noncurrent assets			Settlement loss (gain)(1)
1	~4,400	2.90%	July 31, 2022	4.63%	$	5	$	27		$	617
2	~45	2.90%	July 31, 2022	4.63%	$	—	$	—		$	11
3	~5	4.57%	September 30, 2022	5.71%	$	23	$	(12	)	$	1
4	~25	2.46%	September 30, 2022	4.99%	$	—	$	21		$	(3	)

⁽¹⁾ These amounts represent the net actuarial loss (gain) and were reclassified from Accumulated other comprehensive loss to Restructuring and other charges, net (see Note D) on the accompanying Statement of Consolidated Operations.