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Employee Benefits (Tables)
9 Months Ended
Sep. 30, 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 September 30,Nine Months Ended September 30,
2024202320242023
Interest cost on projected benefit obligation(2)
$$$17 $19 
Expected return on plan assets(2)
(6)(7)(18)(23)
Net amortization and deferrals(2)
— 
Net periodic benefit (income) cost$$(1)$$(3)
(DOLLARS IN MILLIONS)Non-U.S. Plans
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Service cost for benefits earned(1)
$$$18 $15 
Interest cost on projected benefit obligation(2)
27 27 
Expected return on plan assets(2)
(13)(11)(38)(34)
Net amortization and deferrals(2)
— (1)
Net periodic benefit (income) cost$$$12 $
_______________________
(1)Included as a component of Operating profit.
(2)Included as a component of Other expense (income), net.
Postretirement Benefits Other Than Pension Expenses
(Income) expense recognized for post-retirement benefits other than pensions included the following components:
 Three Months Ended September 30,Nine Months Ended September 30,
(DOLLARS IN MILLIONS)2024202320242023
Interest cost on projected benefit obligation$$— $$
Net amortization and deferrals(1)(1)(2)(4)
Total postretirement benefit (income) expense$— $(1)$— $(2)