v3.24.1.1.u2
Benefit Obligations (Tables)
 3 Months Ended
Mar. 31, 2024
Retirement Benefits [Abstract]  
Schedule of Net Periodic Benefit Costs Recognized
The components of net periodic benefit cost are as follows:
Three Months Ended March 31,
20242023
Pension
Benefits		Post-retirement
Benefits		Pension
Benefits		Post-retirement
Benefits
(In $ millions)
Service cost3 — 4 — 
Interest cost31 1 32 — 
Expected return on plan assets
(34)— (33)— 
Total— 1 3 — 
Schedule of Company Commitments to Fund Benefit Obligations
Benefit obligation funding is as follows:
As of
March 31,
2024
Total
Expected
2024
(In $ millions)
Cash contributions to defined benefit pension plans7 29 
Benefit payments to nonqualified pension plans5 19 
Benefit payments to other postretirement benefit plans1 3 
Schedule of Defined Benefit Plans Disclosures
Pension and postretirement benefit plan balances recognized in the unaudited consolidated balance sheets consist of the following:
As of March 31, 2024As of December 31, 2023
Pension
Benefits		Post-retirement
Benefits		Pension
Benefits		Post-retirement
Benefits
(In $ millions)
Noncurrent Other assets169 — 166 — 
Current Other liabilities(22)(3)(22)(3)
Benefit obligations(402)(37)(415)(37)
Net amount recognized(255)(40)(271)(40)