v3.24.2
EMPLOYEE BENEFIT PLANS
6 Months Ended
Jun. 30, 2024
Retirement Benefits [Abstract]  
EMPLOYEE BENEFIT PLANS EMPLOYEE BENEFIT PLANS
The Company sponsors U.S. and international defined benefit pension and defined contribution plans. In addition, the Company contributes to various U.S. and international multi-employer defined benefit pension plans.

Contributions to the plans were as follows:

 Three Months Ended June 30,Six Months Ended June 30,
(In millions)2024202320242023
Defined benefit plans$12 $5 $18 $11 
Defined contribution plans$35 $29 $74 $66 
Multi-employer pension plans$4 $4 $8 $8 
The components of net periodic pension expense (benefit) for the defined benefit pension plans are as follows:

 Three Months Ended June 30,Six Months Ended June 30,
(In millions)2024202320242023
Service cost$3 $4 $7 $8 
Interest cost7 8 14 16 
Expected return on plan assets(7)(8)(14)(16)
Amortization of prior service credit— 1 — 1 
Recognized actuarial net (gain) loss— (1)— (1)
Net settlement, curtailment and special termination benefit (gain) loss1 — 1 — 
Net periodic pension expense (benefit)$4 $4 $8 $8