Employee Benefits (Tables)

9 Months Ended

Sep. 30, 2021

Retirement Benefits [Abstract]

Pension and Other Defined Contribution Retirement Plan Expenses

Pension and other defined contribution retirement plan expenses included the following components:

(DOLLARS IN MILLIONS)	U.S. Plans
	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
Service cost for benefits earned(1)	$	—	$	—	$	1	$	1
Interest cost on projected benefit obligation(2)	62		4		68		12
Expected return on plan assets(2)	(92)		(7)		(102)		(21)
Net amortization and deferrals(2)	23		2		27		6
Net periodic benefit (income) cost	$	(7)	$	(1)	$	(6)	$	(2)

(DOLLARS IN MILLIONS)	Non-U.S. Plans
	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
Service cost for benefits earned(1)	$	10	$	6	$	32	$	18
Interest cost on projected benefit obligation(2)	3		3		8		9
Expected return on plan assets(2)	(19)		(12)		(44)		(35)
Net amortization and deferrals(2)	5		4		15		12
Net periodic benefit (income) cost	$	(1)	$	1	$	11	$	4

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(1)Included as a component of Operating profit.

(2)Included as a component of Other (income) expense, net.

Postretirement Benefits Other Than Pension Expenses

Income (expense) recognized for postretirement benefits other than pensions included the following components:

	Three Months Ended September 30,				Nine Months Ended September 30,
(DOLLARS IN MILLIONS)	2021		2020		2021		2020
Interest cost on projected benefit obligation	$	6	$	—	$	7	$	1
Net amortization and deferrals	(16)		(1)		(18)		(3)
Total postretirement benefit income	$	(10)	$	(1)	$	(11)	$	(2)