Pension and Other Postretirement Benefits (Tables)

3 Months Ended

Mar. 31, 2024

Retirement Benefits [Abstract]

Schedule of Components of Net Periodic Cost (Benefit)

The components of net periodic cost (benefit) were as follows:

	First quarter ended
	March 31,
	2024		2023
Pension benefits
Service cost	$	1	$	1
Interest cost	19		20
Expected return on plan assets	(18)		(19)
Recognized net actuarial loss	8		7
Net periodic cost(1)	$	10	$	9
Other postretirement benefits
Service cost	$	—	$	—
Interest cost	1		2
Recognized net actuarial gain	(1)		(1)
Amortization of prior service benefit	(2)		(2)
Net periodic benefit(1)	$	(2)	$	(1)

 

(1)Service cost was included within Cost of goods sold and Selling, general administrative, and other expenses; all other cost components were recorded in Other expense, net in the Statement of Consolidated Operations.