Defined Benefit Pension Plan Liabilities (Non-Current)
Marathon Petroleum Defined Benefit Pension Plan Liabilities (Non-Current) increased by 4.9% to $1.23B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.7%, from $1.18B to $1.23B. Over 5 years (FY 2020 to FY 2025), Defined Benefit Pension Plan Liabilities (Non-Current) shows a downward trend with a -11.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase indicates a growing pension deficit, potentially requiring higher future cash contributions, while a decrease signals improved funding status.
Detailed definition
This represents the long-term liability recognized when the projected benefit obligation of a defined benefit pension pl...
Peer comparison
Standard for mature companies with legacy pension obligations to their workforce.
defined_benefit_plan_liabilities_noncurrentHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.85B | $1.35B | $1.02B | $1.06B | $1.13B | $1.31B | $1.11B | $1.15B | $1.18B | $971.00M | $1.10B | $1.18B | $1.23B | $1.19B | $1.16B | $1.18B | $1.23B | $1.13B | $1.17B | $1.23B |
| QoQ Change | — | -26.8% | -25.0% | +4.7% | +6.6% | +15.2% | -14.6% | +3.0% | +3.0% | -17.8% | +13.5% | +7.3% | +3.9% | -3.0% | -2.9% | +1.6% | +4.7% | -8.0% | +3.6% | +4.9% |
| YoY Change | — | — | — | — | -38.8% | -3.6% | +9.8% | +7.9% | +4.2% | -25.6% | -1.1% | +3.1% | +4.0% | +22.7% | +5.0% | -0.5% | +0.2% | -5.0% | +1.4% | +4.7% |
Defined Benefit Pension Plan Liabilities (Non-Current) at Other Companies
Frequently Asked Questions
- What is Marathon Petroleum's defined benefit pension plan liabilities (non-current)?
- Marathon Petroleum (MPC) reported defined benefit pension plan liabilities (non-current) of $1.23B in Q1 2026.
- How has Marathon Petroleum's defined benefit pension plan liabilities (non-current) changed year-over-year?
- Marathon Petroleum's defined benefit pension plan liabilities (non-current) increased by 4.7% year-over-year, from $1.18B to $1.23B.
- What is the long-term trend for Marathon Petroleum's defined benefit pension plan liabilities (non-current)?
- Over 5 years (2020 to 2025), Marathon Petroleum's defined benefit pension plan liabilities (non-current) has grown at a -11.2% compound annual growth rate (CAGR), from $2.12B to $1.17B.
- What does defined benefit pension plan liabilities (non-current) mean?
- The long-term shortfall in funding for company-sponsored pension plans.