Employee Benefits (Tables)

3 Months Ended

Mar. 31, 2024

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 March 31,
	2024		2023
Interest cost on projected benefit obligation(2)	$	6	$	7
Expected return on plan assets(2)	(6)		(8)
Net amortization and deferrals(2)	1		—
Net periodic benefit (income) cost	$	1	$	(1)

(DOLLARS IN MILLIONS)	Non-U.S. Plans
	Three Months Ended March 31,
	2024		2023
Service cost for benefits earned(1)	$	6	$	5
Interest cost on projected benefit obligation(2)	9		9
Expected return on plan assets(2)	(13)		(12)
Net amortization and deferrals(2)	2		—
Net periodic benefit (income) cost	$	4	$	2

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(1)Included as a component of Operating profit.

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

Postretirement Benefits Other Than Pension Expenses

(Income) expense recognized for post-retirement benefits other than pensions included the following components:

	Three Months Ended March 31,
(DOLLARS IN MILLIONS)	2024		2023
Interest cost on projected benefit obligation	$	1	$	1
Net amortization and deferrals	(1)		(1)
Total postretirement benefit (income) expense	$	—	$	—