Pension and Postretirement Benefit Plans (Tables)

9 Months Ended

Sep. 30, 2021

Components of net periodic benefit cost (benefit)

The other components of net periodic benefit cost are reflected in other expense (income), net. Components of net periodic benefit cost and other supplemental information for the three and nine months ended September 30, 2021 and 2020 follow:

Benefit Plan Information


	Three months ended September 30,
	Qualified and Non-qualified Pension Benefits								Postretirement Benefits
	United States				International
(Millions)	2021		2020		2021		2020		2021		2020
Net periodic benefit cost (benefit)
Operating expense
Service cost	$	72	$	66	$	41	$	39	$	12	$	11
Non-operating expense
Interest cost	90		124		25		31		11		16
Expected return on plan assets	(264)		(263)		(81)		(77)		(19)		(20)
Amortization of transition asset	—		—		1		1		—		—
Amortization of prior service benefit	(6)		(6)		—		(1)		(9)		(8)
Amortization of net actuarial loss	132		123		26		28		14		11
Settlements, curtailments, special termination benefits and other	—		—		—		—		—		1
Total non-operating expense (benefit)	(48)		(22)		(29)		(18)		(3)		—
Total net periodic benefit cost (benefit)	$	24	$	44	$	12	$	21	$	9	$	11


	Nine months ended September 30,
	Qualified and Non-qualified Pension Benefits								Postretirement Benefits
	United States				International
(Millions)	2021		2020		2021		2020		2021		2020
Net periodic benefit cost (benefit)
Operating expense
Service cost	$	216	$	197	$	125	$	115	$	35	$	33
Non-operating expense
Interest cost	270		373		75		95		33		48
Expected return on plan assets	(792)		(786)		(244)		(232)		(58)		(60)
Amortization of transition asset	—		—		2		2		—		—
Amortization of prior service benefit	(18)		(18)		(2)		(4)		(25)		(24)
Amortization of net actuarial loss	396		368		80		85		42		34
Settlements, curtailments, special termination benefits and other	—		—		—		—		2		3
Total non-operating expense (benefit)	(144)		(63)		(89)		(54)		(6)		1
Total net periodic benefit cost (benefit)	$	72	$	134	$	36	$	61	$	29	$	34