Quarterly report [Sections 13 or 15(d)]

PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)

v3.25.2
PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)
6 Months Ended
Jun. 30, 2025
Retirement Benefits [Abstract]  
Schedule Benefit Plans Disclosures Cash Contributions Contributions to these plans were as follows:
Three months ended Six months ended
  June 30, June 30,
In millions 2025 2024 2025 2024
Defined benefit pension contributions $ 11  $ $ 23  $ 47 
OPEB payments, net 2  3  12 
Defined contribution pension plans 27  26  76  74 
Components of net periodic pension and other postretirement benefit cost
The components of net periodic pension and OPEB expense (income) under our plans were as follows:
  Pension    
  U.S. Plans U.K. Plans OPEB
  Three months ended June 30,
In millions 2025 2024 2025 2024 2025 2024
Service cost $ 33  $ 36  $ 3  $ $   $ — 
Interest cost 44  41  20  17  2 
Expected return on plan assets (67) (73) (23) (25)   — 
Amortization of prior service cost   1  —    — 
Recognized net actuarial loss (gain) 3  6  (2) — 
Net periodic benefit expense $ 13  $ $ 7  $ —  $   $
Pension
U.S. Plans U.K. Plans OPEB
Six months ended June 30,
In millions 2025 2024 2025 2024 2025 2024
Service cost $ 66  $ 71  $ 7  $ $   $ — 
Interest cost 87  83  38  35  3 
Expected return on plan assets (134) (145) (45) (50)   — 
Amortization of prior service cost 1  1  —    — 
Recognized net actuarial loss (gain) 5  13  (3) (1)
Net periodic benefit expense $ 25  $ 17  $ 14  $ —  $   $