Quarterly report [Sections 13 or 15(d)]

PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)

v3.26.1
PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)
6 Months Ended
Jun. 30, 2026
Retirement Benefits [Abstract]  
Schedule of Contributions Contributions to these plans were as follows:
Three months ended Six months ended
June 30, June 30,
In millions 2026 2025 2026 2025
Defined benefit pension contributions $ 12  $ 11  $ 24  $ 23 
OPEB payments, net 3  4 
Defined contribution pension plans 25  27  69  76 
Schedule of Components of Net Periodic Pension and Other Postretirement Benefit Cost
The components of net periodic pension and OPEB expense under our plans were as follows:
Pension
U.S. Plans U.K. Plans OPEB
Three months ended June 30,
In millions 2026 2025 2026 2025 2026 2025
Service cost $ 34  $ 33  $ 4  $ $   $ — 
Interest cost 44  44  19  20  1 
Expected return on plan assets (70) (67) (25) (23)   — 
Amortization of prior service cost 1  —  1    — 
Recognized net actuarial loss (gain) 2  8  (1) (2)
Net periodic benefit expense $ 11  $ 13  $ 7  $ $   $ — 
Pension
U.S. Plans U.K. Plans OPEB
Six months ended June 30,
In millions 2026 2025 2026 2025 2026 2025
Service cost $ 69  $ 66  $ 7  $ $   $ — 
Interest cost 88  87  39  38  2 
Expected return on plan assets (140) (134) (50) (45)   — 
Amortization of prior service cost 1  1    — 
Recognized net actuarial loss (gain) 5  17  13  (2) (3)
Net periodic benefit expense $ 23  $ 25  $ 14  $ 14  $   $ —