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Midas Edge

NORTHROP GRUMMAN CORP DE

For the period ended Sep 30, 2024. Filed Oct 24, 2024.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2024 · Filed Oct 24, 2024

NOC$539.07+2.7%Stored close · as of Nov 9, 2026

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Contents

8. Retirement Benefits

  1. RETIREMENT BENEFITS

The cost to the company of its pension and other postretirement benefit (OPB) plans is shown in the following table:

Three Months Ended September 30 · Nine Months Ended September 30
PensionBenefitsOPBPensionBenefitsOPB
$ in millions20242023202420232024202320242023
Components of net periodic benefit cost (benefit)
Service cost$60$59$1$2$179$177$3$4
Interest cost38139215171,1441,1764650
Expected return on plan assets(549)(524)(21)(22)(1,647)(1,573)(64)(64)
Net periodic benefit cost (benefit)$(108)$(73)$(5)$(3)$(324)$(220)$(15)$(10)

Employer Contributions

The company sponsors defined benefit pension and OPB plans, as well as defined contribution plans. We fund our defined benefit pension plans annually in a manner consistent with the Employee Retirement Income Security Act of 1974, as amended by the Pension Protection Act of 2006.

Contributions made by the company to its retirement plans are as follows:

Three Months Ended September 30Nine Months Ended September 30
$ in millions2024202320242023
Defined benefit pension plans$17$26$66$80
OPB plans772728
Defined contribution plans136126517487
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.