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Retirement Plans (Tables)
6 Months Ended
Jun. 30, 2023
Pension [Member]  
Net Periodic Benefit Cost

Pension Benefits

For the three months ended

June 30,

For the six months ended

June 30,

($ in millions)

2023

2022

2023

2022

Components of total pension benefit cost

Service cost

$

14

$

20

$

27

$

41

Interest cost on projected benefit obligation

33

25

66

49

Expected return on plan assets

(38)

(50)

(75)

(99)

Total pension benefit cost / (income)

$

9

$

(5)

$

18

$

(9)

OPEB [Member]  
Net Periodic Benefit Cost

Postretirement

For the three months ended
June 30,

For the six months ended
June 30,

($ in millions)

2023

2022

2023

2022

Components of net periodic postretirement benefit cost

Service cost

$

2

$

3

$

4

$

7

Interest cost on projected benefit obligation

7

8

15

14

Amortization of prior service credit (gain) loss

recognized

(5)

(3)

(10)

(6)

Remeasurement (gain) loss

(12)

(96)

8

(150)

Total periodic postretirement (benefit) cost

$

(8)

$

(88)

$

17

$

(135)