v3.24.2
Employee Benefit Plans
 6 Months Ended
Jun. 30, 2024
Retirement Benefits [Abstract]  
Employee Benefit Plans Employee Benefit Plans
The Company's net periodic benefit costs for all defined benefit plans for the three month periods ended June 30, 2024 and 2023 were as follows:
U.S. PlansNon-U.S. Plans
(In millions)2024202320242023
Costs Recognized in Income:
Pension service (cost):
Service cost
$— $— $(1)$(1)
Pension financing benefits (cost):
Interest cost
$(8)$(8)$(2)$(2)
Expected return on plan assets11 10 3 2 
Amortization of losses and other
— — — — 
Total pension financing benefits:3 2 1 — 
Net pension benefit (cost)$3 $2 $— $(1)
The Company's net periodic benefit costs for all defined benefit plans for the six month periods ended June 30, 2024 and 2023 were as follows:
U.S. PlansNon-U.S. Plans
(In millions)2024202320242023
Costs Recognized in Income:
Pension service (cost):
Service cost
$— $— $(1)$(1)
Pension financing benefits (costs):
Interest cost
$(15)$(16)$(5)$(4)
Expected return on plan assets21 20 5 4 
Amortization of losses and other
— 1 — — 
Total pension financing benefits:6 5 — — 
Net pension benefit (cost)$6 $5 $(1)$(1)
Pension financing benefits are classified as Other income (expense), net on the Company's condensed consolidated statements of comprehensive income.
During the six months ended June 30, 2024, cash contributions to the Company's defined benefit plans were $3 million related to its U.S. plans and $3 million related to its non-U.S. plans. The Company estimates that total cash contributions related to its U.S. and non-U.S. defined benefit pension plans during 2024 will be $9 million