Investor Presentaiton

Quoted prices in active markets for identical Total assets (Level 1) Other observable inputs (Level 2) Unobservable inputs (Level 3)¹ (In millions) 2021 Common collective trusts Non-United States equity and global equities $ 586 $ 586 United States equity 240 240 Fixed income 624 624 Fixed income securities United States treasuries Bank loans Real estate Equity securities 1,074 1,074 417 417 117 117 471 237 18 216 2 2 Cash equivalents Exchange traded funds Other 150 28 122 122 122 365 46 319 Common collective and other trusts measured at net asset value Money market funds measured at net asset value 1,841 9 Pending purchases and sales of plan assets, and interest receivable Total pension plan assets $ (99) 5,919 $ 806 $ 2,827 $ 535 These pension plan assets include private equity, private credit and private real estate funds that generally have redemption notice periods of six months or longer, and are often not eligible for redemption until the underlying assets are liquidated or distributed. The Company has unfunded commitments to these funds of approximately $192 million at December 31, 2021, which will be satisfied by a reallocation of pension plan assets. The fair value measurement of plan assets using significant unobservable inputs (Level 3) changed during 2021 and 2022 due to the following: (In millions) Balance at January 1, 2021 Actual return on plan assets: Gains (losses) relating to assets still held at year-end Purchases, sales, settlements - net Transfers into or out of Level 3 Balance at December 31, 2021 Actual return on plan assets: Gains (losses) relating to assets still held at year-end Purchases, sales, settlements - net Transfers into or out of Level 3 Balance at December 31, 2022 51 Real estate Other Total $ 184 $ 174 $ 358 28 61 89 4 79 83 5 5 216 319 535 1 (3) (2) (18) 44 26 $ 199 $ 360 $ 559

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