EIDP Inc
For the period ended Sep 30, 2024. Filed Nov 7, 2024.
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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 Nov 7, 2024
CTVA$12.17+0.5%Stored close · as of Nov 10, 2026
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Pension Plans and Other Post Employment Benefits
NOTE 15 -PENSION PLANS AND OTHER POST EMPLOYMENT BENEFITS
The following sets forth the components of the company's net periodic benefit (credit) cost for defined benefit pension plans and other post employment benefits ("OPEB"):
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| (In millions) | 2024 | 2023 | 2024 | 2023 |
| Defined Benefit Pension Plans: | ||||
| Service cost | $3 | $3 | $12 | $13 |
| Interest cost | 162 | 171 | 488 | 518 |
| Expected return on plan assets | (133) | (151) | (399) | (454) |
| Amortization of prior service (benefit) cost | — | — | (2) | (2) |
| Settlement loss | 1 | 1 | 1 | 1 |
| Net periodic benefit (credit) cost | $33 | $24 | $100 | $76 |
| Other Post Employment Benefits: | ||||
| Service cost | $— | $1 | $— | $1 |
| Interest cost | 11 | 12 | 31 | 36 |
| Amortization of unrecognized (gain) loss | (3) | (2) | (9) | (7) |
| Amortization of prior service (benefit) cost | (1) | (1) | (1) | (1) |
| Net periodic benefit (credit) cost | $7 | $10 | $21 | $29 |
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