XML 118 R100.htm IDEA: XBRL DOCUMENT v3.24.0.1
Retirement Benefits (Schedule of Fair Value Disclosures) (Details) - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets $ 13,708.7 $ 13,195.8 $ 16,416.0
Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 2,580.3 2,492.5 $ 3,361.4
U.S. | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 1,379.7 1,132.4  
U.S. | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 127.0 104.2  
International | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 1,408.9 1,177.1  
International | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 89.9 72.0  
Developed markets | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 2,783.9 2,445.5  
Developed markets | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 74.9 63.1  
Developed markets - repurchase agreements | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets (772.8) (706.6)  
Emerging markets | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 295.6 273.5  
Emerging markets | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 23.4 21.0  
Hedge funds | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 3,125.9 3,249.0  
Hedge funds | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 281.2 294.9  
Equity-like funds | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 4,093.7 4,014.1  
Equity-like funds | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 335.1 332.8  
Cash value of trust owned insurance contract | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 1,526.5 1,470.8  
Real estate | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 369.7 349.1  
Real estate | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 24.5 21.6  
Other | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 1,024.1 1,261.7  
Other | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 97.8 112.1  
Quoted Prices in Active Markets for Identical Assets (Level 1) | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 1,409.2 1,288.7  
Quoted Prices in Active Markets for Identical Assets (Level 1) | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 130.1 113.4  
Quoted Prices in Active Markets for Identical Assets (Level 1) | U.S. | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 490.5 396.6  
Quoted Prices in Active Markets for Identical Assets (Level 1) | U.S. | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 44.2 35.7  
Quoted Prices in Active Markets for Identical Assets (Level 1) | International | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 441.2 369.4  
Quoted Prices in Active Markets for Identical Assets (Level 1) | International | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 38.2 31.9  
Quoted Prices in Active Markets for Identical Assets (Level 1) | Developed markets | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 21.2 19.8  
Quoted Prices in Active Markets for Identical Assets (Level 1) | Developed markets | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 0.0 0.0  
Quoted Prices in Active Markets for Identical Assets (Level 1) | Developed markets - repurchase agreements | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 13.2 6.4  
Quoted Prices in Active Markets for Identical Assets (Level 1) | Emerging markets | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 10.4 10.6  
Quoted Prices in Active Markets for Identical Assets (Level 1) | Emerging markets | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 0.0 0.0  
Quoted Prices in Active Markets for Identical Assets (Level 1) | Hedge funds | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 0.0 0.0  
Quoted Prices in Active Markets for Identical Assets (Level 1) | Hedge funds | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 0.0 0.0  
Quoted Prices in Active Markets for Identical Assets (Level 1) | Equity-like funds | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 0.0 0.0  
Quoted Prices in Active Markets for Identical Assets (Level 1) | Equity-like funds | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 0.0 0.0  
Quoted Prices in Active Markets for Identical Assets (Level 1) | Cash value of trust owned insurance contract | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 0.0 0.0  
Quoted Prices in Active Markets for Identical Assets (Level 1) | Real estate | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 261.9 234.9  
Quoted Prices in Active Markets for Identical Assets (Level 1) | Real estate | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 24.5 21.6  
Quoted Prices in Active Markets for Identical Assets (Level 1) | Other | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 170.8 251.0  
Quoted Prices in Active Markets for Identical Assets (Level 1) | Other | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 23.2 24.2  
Significant Other Observable Inputs (Level 2) | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 2,223.3 1,546.4  
Significant Other Observable Inputs (Level 2) | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 1,603.5 1,514.0  
Significant Other Observable Inputs (Level 2) | U.S. | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 0.3 0.1  
Significant Other Observable Inputs (Level 2) | U.S. | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 0.0 0.0  
Significant Other Observable Inputs (Level 2) | International | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 333.4 300.9  
Significant Other Observable Inputs (Level 2) | International | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 0.0 0.0  
Significant Other Observable Inputs (Level 2) | Developed markets | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 2,597.3 2,058.2  
Significant Other Observable Inputs (Level 2) | Developed markets | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 74.9 63.1  
Significant Other Observable Inputs (Level 2) | Developed markets - repurchase agreements | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets (786.0) (713.0)  
Significant Other Observable Inputs (Level 2) | Emerging markets | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 35.7 32.0  
Significant Other Observable Inputs (Level 2) | Emerging markets | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 0.0 0.0  
Significant Other Observable Inputs (Level 2) | Hedge funds | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 0.0 0.0  
Significant Other Observable Inputs (Level 2) | Hedge funds | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 0.0 0.0  
Significant Other Observable Inputs (Level 2) | Equity-like funds | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 0.0 0.0  
Significant Other Observable Inputs (Level 2) | Equity-like funds | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 0.0 0.0  
Significant Other Observable Inputs (Level 2) | Cash value of trust owned insurance contract | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 1,526.5 1,470.8  
Significant Other Observable Inputs (Level 2) | Real estate | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 0.0 0.0  
Significant Other Observable Inputs (Level 2) | Real estate | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 0.0 0.0  
Significant Other Observable Inputs (Level 2) | Other | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 42.6 (131.8)  
Significant Other Observable Inputs (Level 2) | Other | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 2.1 (19.9)  
Significant Unobservable Inputs (Level 3) | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 25.2 25.5  
Significant Unobservable Inputs (Level 3) | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 2.4 2.4  
Significant Unobservable Inputs (Level 3) | U.S. | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 0.0 0.0  
Significant Unobservable Inputs (Level 3) | U.S. | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 0.0 0.0  
Significant Unobservable Inputs (Level 3) | International | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 0.0 0.0  
Significant Unobservable Inputs (Level 3) | International | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 0.0 0.0  
Significant Unobservable Inputs (Level 3) | Developed markets | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 0.1 0.1  
Significant Unobservable Inputs (Level 3) | Developed markets | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 0.0 0.0  
Significant Unobservable Inputs (Level 3) | Developed markets - repurchase agreements | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 0.0 0.0  
Significant Unobservable Inputs (Level 3) | Emerging markets | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 0.0 0.0  
Significant Unobservable Inputs (Level 3) | Emerging markets | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 0.0 0.0  
Significant Unobservable Inputs (Level 3) | Hedge funds | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 0.0 0.0  
Significant Unobservable Inputs (Level 3) | Hedge funds | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 0.0 0.0  
Significant Unobservable Inputs (Level 3) | Equity-like funds | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 25.1 25.4  
Significant Unobservable Inputs (Level 3) | Equity-like funds | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 2.4 2.4  
Significant Unobservable Inputs (Level 3) | Cash value of trust owned insurance contract | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 0.0 0.0  
Significant Unobservable Inputs (Level 3) | Real estate | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 0.0 0.0  
Significant Unobservable Inputs (Level 3) | Real estate | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 0.0 0.0  
Significant Unobservable Inputs (Level 3) | Other | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 0.0 0.0  
Significant Unobservable Inputs (Level 3) | Other | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 0.0 0.0  
Investments Valued at Net Asset Value | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 10,051.0 10,335.2  
Investments Valued at Net Asset Value | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 844.3 862.7  
Investments Valued at Net Asset Value | U.S. | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 888.9 735.7  
Investments Valued at Net Asset Value | U.S. | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 82.8 68.5  
Investments Valued at Net Asset Value | International | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 634.3 506.8  
Investments Valued at Net Asset Value | International | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 51.7 40.1  
Investments Valued at Net Asset Value | Developed markets | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 165.3 367.4  
Investments Valued at Net Asset Value | Developed markets | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 0.0 0.0  
Investments Valued at Net Asset Value | Developed markets - repurchase agreements | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 0.0 0.0  
Investments Valued at Net Asset Value | Emerging markets | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 249.5 230.9  
Investments Valued at Net Asset Value | Emerging markets | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 23.4 21.0  
Investments Valued at Net Asset Value | Hedge funds | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 3,125.9 3,249.0  
Investments Valued at Net Asset Value | Hedge funds | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 281.2 294.9  
Investments Valued at Net Asset Value | Equity-like funds | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 4,068.6 3,988.7  
Investments Valued at Net Asset Value | Equity-like funds | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 332.7 330.4  
Investments Valued at Net Asset Value | Cash value of trust owned insurance contract | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 0.0 0.0  
Investments Valued at Net Asset Value | Real estate | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 107.8 114.2  
Investments Valued at Net Asset Value | Real estate | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 0.0 0.0  
Investments Valued at Net Asset Value | Other | Defined Benefit Pension Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets 810.7 1,142.5  
Investments Valued at Net Asset Value | Other | Retiree Health Benefit Plans      
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Line Items]      
Fair value of plan assets $ 72.5 $ 107.8