Employee Benefit Plans (Tables)

3 Months Ended

Mar. 31, 2026

Contributions to our plans were as follows:

The amounts recognized in the Condensed Consolidated Balance Sheet consist of:


(dollars in millions)	March 31, 2026		December 31, 2025
Non-current pension assets (included in Other assets)	$	2,635	$	2,339
Current pension and PRB liabilities (included in Accrued employee compensation)	227		228
Future pension and postretirement benefit obligations	2,015		2,067

The amounts recognized in Future pension and postretirement benefit obligations consist of:


(dollars in millions)	March 31, 2026		December 31, 2025
Non-current pension liabilities	$	1,459	$	1,510
Non-current PRB liabilities	486		501
Other pension and PRB related items	70		56
Future pension and postretirement benefit obligations	$	2,015	$	2,067

The components of net periodic income for our defined pension plans were as follows:


	Quarter Ended March 31,
(dollars in millions)	2026		2025
Operating expense
Service cost	$	41	$	42
Non-operating expense
Interest cost	505		583
Expected return on plan assets	(836)		(917)
Amortization of prior service credit	(32)		(39)
Recognized actuarial net loss	11		5
Net settlement, curtailment, and special termination benefit gain	(4)		—
Non-service pension income	(356)		(368)
Total net periodic pension income	$	(315)	$	(326)

The fair value of marketable securities held in trusts was as follows:


(dollars in millions)	March 31, 2026		December 31, 2025
Marketable securities held in trusts	$	694	$	750

RTX Corp 10-Q