XML 147 R126.htm IDEA: XBRL DOCUMENT v3.24.0.1
Pension Plans and Other Post Employment Benefit Plans Change in Projected Benefit Obligations, Plan Assets and Funded Status (Details) - USD ($)
$ in Millions
8 Months Ended 12 Months Ended
Aug. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]        
Defined Benefit Plan, Accumulated Benefit Obligation   $ 13,400 $ 14,000  
Trust Agreement [Member]        
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]        
Benefit obligation at beginning of the period   182    
Benefit obligation at end of the period   155 182  
Pension Plan        
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]        
Benefit obligation at beginning of the period $ 19,775 13,982 19,775  
Service Cost   18 20 $ 25
Interest Cost   690 505 364
Plan participants' contributions   1 1  
Actuarial (gain) loss (110) (311) (3,759)  
Benefits Paid   (1,304) (1,460)  
Net effects of acquisitions / divestitures / other [1]   257 (1,080)  
Effect of foreign exchange rates   1 (20)  
Benefit obligation at end of the period   13,440 13,982 19,775
Fair value of plan assets at beginning of period 17,827 12,584 17,827  
Actual return on plan assets   (661) (2,765)  
Employer contributions   52 60  
Plan participants' contributions   1 1  
Benefits paid   (1,304) (1,460)  
Defined Benefit Plan, Plan Assets, Increase (Decrease) for Assets Transferred to (from) Plan   257 [1] 1,100  
Net effects of acquisitions / divestitures / other [1]     (1,080)  
Effect of foreign exchange rates   18 1  
Fair value of plan assets at end of period   11,755 12,584 17,827
Funded (unfunded) status of plan   (1,685) (1,398)  
Pension Plan | U.S. Plans with Plan Assets [Member]        
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]        
Funded (unfunded) status of plan   (1,336) (1,050)  
Pension Plan | Non-U.S. plans with plan assets [Member]        
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]        
Funded (unfunded) status of plan   (43) (30)  
Pension Plan | All other plans [Member]        
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]        
Funded (unfunded) status of plan [2],[3]   (306) (318)  
Other Post Employment Benefits Plan        
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]        
Benefit obligation at beginning of the period 1,362 1,021 1,362  
Service Cost   1 1 1
Interest Cost   49 26 21
Plan participants' contributions   20 20  
Actuarial (gain) loss   49 (246)  
Benefits Paid   (117) (142)  
Net effects of acquisitions / divestitures / other   0 0  
Effect of foreign exchange rates   0 0  
Benefit obligation at end of the period   925 1,021 1,362
Fair value of plan assets at beginning of period $ 0 0 0  
Actual return on plan assets   0 0  
Employer contributions   97 122  
Plan participants' contributions   20 20  
Benefits paid   (117) (142)  
Net effects of acquisitions / divestitures / other   0 0  
Effect of foreign exchange rates   0 0  
Fair value of plan assets at end of period   0 0 0
Funded (unfunded) status of plan   (925) (1,021)  
Other Comprehensive Income (Loss), Defined Benefit Plan, Settlement and Curtailment Gain (Loss), after Tax   0 0 $ (1)
Other Post Employment Benefits Plan | U.S. Plans with Plan Assets [Member]        
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]        
Funded (unfunded) status of plan   0 0  
Other Post Employment Benefits Plan | Non-U.S. plans with plan assets [Member]        
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]        
Funded (unfunded) status of plan   0 0  
Other Post Employment Benefits Plan | All other plans [Member]        
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]        
Funded (unfunded) status of plan [2],[3]   $ (925) $ (1,021)  
[1] elates to transfers of certain benefit obligations and related assets associated with the principal U.S. pension plan to an insurance company through the purchase of nonparticipating group annuity contracts.
[2] As of December 31, 2023 and 2022, $155 million and $182 million, respectively, of the benefit obligations are supported by funding under the Trust agreement, defined in the "Trust Assets" section below.
[3] Includes pension plans maintained around the world where funding is not customary.