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Pension, Retiree Medical and Retiree Savings Plans (Tables)
 12 Months Ended
Dec. 31, 2011
Compensation and Retirement Disclosure [Abstract]  
Funded status of pension plans
The following chart summarizes the balance sheet impact, as well as benefit obligations, assets, and funded status associated with our U.S. pension plans and significant International pension plans.  The actuarial valuations for all plans reflect measurement dates coinciding with our fiscal year ends.

 
 
U.S. Pension Plans
 
International Pension Plans
 
 
2011
 
2010
 
2011
 
2010
Change in benefit obligation
 
 
 
 
 
 
 
 
Benefit obligation at beginning of year
 
$
1,108

 
$
1,010

 
$
187

 
$
176

Service cost
 
24

 
25

 
5

 
6

Interest cost
 
64

 
62

 
10

 
9

Participant contributions
 
—

 
—

 
1

 
2

 
 
 
 
 
 
 
 
 
Curtailment gain
 
(7
)
 
(2
)
 
(10
)
 
—

Settlement loss
 
—

 
1

 
—

 
—

Special termination benefits
 
5

 
1

 
—

 
—

Exchange rate changes
 
—

 
—

 
1

 
(9
)
Benefits paid
 
(40
)
 
(57
)
 
(2
)
 
(4
)
Settlement payments
 
—

 
(9
)
 
—

 
—

Actuarial (gain) loss
 
227

 
77

 
(5
)
 
7

Benefit obligation at end of year
 
$
1,381

 
$
1,108

 
$
187

 
$
187

Change in plan assets
 
 
 
 
 
 
 
 
Fair value of plan assets at beginning of year
 
$
907

 
$
835

 
$
164

 
$
141

Actual return on plan assets
 
83

 
108

 
10

 
14

Employer contributions
 
53

 
35

 
10

 
17

Participant contributions
 
—

 
—

 
1

 
2

Settlement payments
 
—

 
(9
)
 
—

 
—

Benefits paid
 
(40
)
 
(57
)
 
(2
)
 
(4
)
Exchange rate changes
 
—

 
—

 
—

 
(6
)
Administrative expenses
 
(5
)
 
(5
)
 
—

 
—

Fair value of plan assets at end of year
 
$
998

 
$
907

 
$
183

 
$
164

 
Funded status at end of year
 
$
(383
)
 
$
(201
)
 
$
(4
)
 
$
(23
)
Amounts recognized in the Consolidated Balance Sheet
Amounts recognized in the Consolidated Balance Sheet:
 
 
U.S. Pension Plans
 
International Pension Plans
 
 
2011
 
2010
 
2011
 
2010
Accrued benefit asset - non-current
 
$
—

 
$
—

 
$
8

 
$
—

Accrued benefit liability – current
 
(14
)
 
(10
)
 
—

 
—

Accrued benefit liability – non-current
 
(369
)
 
(191
)
 
(12
)
 
(23
)
 
 
$
(383
)
 
$
(201
)
 
$
(4
)
 
$
(23
)
Amounts recognized as a loss in Accumulated Other Comprehensive Income
Amounts recognized as a loss in Accumulated Other Comprehensive Income:
 
 
U.S. Pension Plans
 
International Pension Plans
 
 
2011
 
2010
 
2011
 
2010
Actuarial net loss
 
$
540

 
$
359

 
$
30

 
$
46

Prior service cost
 
3

 
4

 
—

 
—

 
 
$
543

 
$
363

 
$
30

 
$
46
Pension plans with an accumulated benefit obligation in excess of pan assets
Information for pension plans with an accumulated benefit obligation in excess of plan assets:
 
 
U.S. Pension Plans
 
International Pension Plans
 
 
2011
 
2010
 
2011
 
2010
Projected benefit obligation
 
$
1,381

 
$
1,108

 
$
—

 
$
—

Accumulated benefit obligation
 
1,327

 
1,057

 
—

 
—

Fair value of plan assets
 
998

 
907

 
—

 
—
Pension plans with a projected benefit obligation in excess of plan assets
Information for pension plans with a projected benefit obligation in excess of plan assets:
 
 
U.S. Pension Plans
 
International Pension Plans
 
 
2011
 
2010
 
2011
 
2010
Projected benefit obligation
 
$
1,381

 
$
1,108

 
$
99

 
$
187

Accumulated benefit obligation
 
1,327

 
1,057

 
87

 
155

Fair value of plan assets
 
998

 
907

 
87

 
164
Components of net periodic benefit cost
Components of net periodic benefit cost:
 
 
U.S. Pension Plans
 
International Pension Plans
Net periodic benefit cost
 
2011
 
2010
 
2009
 
2011
 
2010
 
2009
Service cost
 
$
24

 
$
25

 
$
26

 
$
5

 
$
6

 
$
5

Interest cost
 
64

 
62

 
58

 
10

 
9

 
7

Amortization of prior service cost(a)
 
1

 
1

 
1

 
—

 
—

 
—

Expected return on plan assets
 
(71
)
 
(70
)
 
(59
)
 
(12
)
 
(9
)
 
(7
)
Amortization of net loss
 
31

 
23

 
13

 
2

 
2

 
2

Net periodic benefit cost
 
$
49

 
$
41

 
$
39

 
$
5

 
$
8

 
$
7

Additional loss recognized due to:
Settlement(b)
 
$
—

 
$
3

 
$
2

 
$
—

 
$
—

 
$
—

Special termination benefits(c)
 
$
5

 
$
1

 
$
4

 
$
—

 
$
—

 
$
—


(a)
Prior service costs are amortized on a straight-line basis over the average remaining service period of employees expected to receive benefits.

(b)
Settlement loss results from benefit payments from a non-funded plan exceeding the sum of the service cost and interest cost for that plan during the year.

(c)
Special termination benefits primarily related to the U.S. business transformation measures taken in 2011, 2010 and 2009.
Pension losses in accumulated other comprehensive income (loss)
Pension losses in accumulated other comprehensive income (loss):
 
 
U.S. Pension Plans
 
International Pension Plans
 
 
2011
 
2010
 
2011
 
2010
Beginning of year
 
$
363

 
$
346

 
$
46

 
$
48

Net actuarial (gain) loss
 
219

 
43

 
(5
)
 
2

Curtailment gain
 
(7
)
 
(2
)
 
(10
)
 
—

Amortization of net loss
 
(31
)
 
(23
)
 
(2
)
 
(2
)
Amortization of prior service cost
 
(1
)
 
(1
)
 
—

 
—

Exchange rate changes
 
—

 
—

 
1

 
(2
)
End of year
 
$
543

 
$
363

 
$
30

 
$
46
Weighted-average assumptions used to determine benefit obligations and net periodic benefit cost
Weighted-average assumptions used to determine benefit obligations at the measurement dates:
 
 
U.S. Pension Plans
 
International Pension Plans
 
 
2011
 
2010
 
2011
 
2010
Discount rate
 
4.90
%
 
5.90
%
 
4.75
%
 
5.40
%
Rate of compensation increase
 
3.75
%
 
3.75
%
 
3.85
%
 
4.42
%

Weighted-average assumptions used to determine the net periodic benefit cost for fiscal years:
 
 
U.S. Pension Plans
 
International Pension Plans
 
 
2011
 
2010
 
2009
 
2011
 
2010
 
2009
Discount rate
 
5.90
%
 
6.30
%
 
6.50
%
 
5.40
%
 
5.50
%
 
5.51
%
Long-term rate of return on plan assets
 
7.75
%
 
7.75
%
 
8.00
%
 
6.64
%
 
6.66
%
 
7.20
%
Rate of compensation increase
 
3.75
%
 
3.75
%
 
3.75
%
 
4.41
%
 
4.42
%
 
4.12
%
Fair values of pension plan assets
The fair values of our pension plan assets at December 31, 2011 by asset category and level within the fair value hierarchy are as follows:

 
 
U.S. Pension
Plans
 
International
Pension Plans
Level 1:
 
 
 
 
Cash(a)
 
$
1

 
$
—

Level 2:
 
 
 
 
Cash Equivalents(a)
 
62

 
—

Equity Securities – U.S. Large cap(b)
 
324

 
—

Equity Securities – U.S. Mid cap(b)
 
54

 
—

Equity Securities – U.S. Small cap(b)
 
54

 
—

Equity Securities – Non-U.S.(b)
 
88

 
109

Fixed Income Securities – U.S. Corporate(b)
 
263

 
—

Fixed Income Securities – Non-U.S. Corporate(b)
 
—

 
23

Fixed Income Securities – U.S. Government and Government Agencies(c)
 
164

 
—

Fixed Income Securities – Other(b)(c)
 
39

 
11

Other Investments(b)
 
—

 
40

Total fair value of plan assets(d)
 
$
1,049

 
$
183


(a)
Short-term investments in money market funds

(b)
Securities held in common trusts

(c)
Investments held by the Plan are directly held

(d)
Excludes net payable of $51 million in the U.S. for purchases of assets included in the above that were settled after year end
Expected benefit payments
The benefits expected to be paid in each of the next five years and in the aggregate for the five years thereafter are set forth below:

Year ended:
 
U.S.
Pension Plans
 
International
Pension Plans
2012
 
$
68

 
$
1

2013
 
50

 
1

2014
 
47

 
1

2015
 
50

 
1

2016
 
51

 
1

2017 - 2021
 
309

 
8