XML 42 R32.htm IDEA: XBRL DOCUMENT v3.23.2
RETIREMENT-RELATED BENEFITS (Tables)
3 Months Ended
Jun. 30, 2023
RETIREMENT-RELATED BENEFITS  
Components of net periodic pension cost for the defined benefit pension plans

For the three months ended June 30:

(Dollars in millions)

    

2023

    

2022

Service cost

 

$

10

 

$

12

Interest cost(1)

 

14

 

9

Expected return on plan assets(1)

 

(15)

 

(11)

Recognized actuarial losses (gains)(1)

 

1

 

10

Net periodic pension cost

 

$

10

 

$

22

(1)These components of net periodic pension cost are included in other expense (income) in the Consolidated Income Statement.