EMPLOYEE BENEFIT PLANS

6 Months Ended

Jun. 30, 2023

Retirement Benefits [Abstract]

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS Components of net pension expense for defined benefit pension plans were as follows:

	Three months ended June 30,				Six months ended June 30,
(In millions)	2023		2022		2023		2022
Company-administered plans:
Interest cost	$	23	$	16	$	45	$	32
Expected return on plan assets	(19)		(18)		(38)		(37)
Amortization of net actuarial loss and prior service cost	6		5		13		11
Net pension expense	$	10	$	3	$	20	$	6
Company-administered plans:
U.S.	$	7	$	4	$	15	$	7
Non-U.S.	3		(1)		5		(1)
Net pension expense	$	10	$	3	$	20	$	6

Non-operating pension costs, net include the amortization of net actuarial loss and prior service cost, interest cost and expected return on plan assets components of pension and postretirement benefit costs, as well as any significant charges for settlements or curtailments if recognized. During the six months ended June 30, 2023, we contributed $1 million to our pension plans. We do not have any required contributions to our pension plans for the year 2023. We also maintain other postretirement benefit plans that are not reflected in the table above as the amount of postretirement benefit expense for such plans was not material for any period presented.