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Employee Benefit Plans
6 Months Ended
Jun. 30, 2014
Compensation and Retirement Disclosure [Abstract]  
Employee Benefit Plans
Employee Benefit Plans
The components of Net periodic benefit cost and other changes in plan assets and benefit obligations were as follows:
 
Three Months Ended June 30,
 
Pension Benefits
 
 
 
 
 
U.S. Plans
 
Non-U.S. Plans
 
Retiree Health
Components of Net Periodic Benefit Costs:
2014
 
2013
 
2014
 
2013
 
2014
 
2013
Service cost
$
3

 
$
3

 
$
8

 
$
23

 
$
2

 
$
2

Interest cost
38

 
35

 
67

 
65

 
9

 
8

Expected return on plan assets
(42
)
 
(45
)
 
(85
)
 
(80
)
 

 

Recognized net actuarial loss
6

 
7

 
14

 
19

 

 
1

Amortization of prior service credit
(1
)
 

 

 

 
(10
)
 
(11
)
Recognized curtailment gain

 

 

 
(6
)
 

 

Recognized settlement loss
13

 
31

 

 

 

 

Defined Benefit Plans
17

 
31

 
4

 
21

 
1

 

Defined contribution plans
16

 
19

 
9

 
6

 

 

Net Periodic Benefit Cost
33

 
50

 
13

 
27

 
1

 

 
 
 
 
 
 
 
 
 
 
 
 
Other changes in plan assets and benefit obligations recognized in Other Comprehensive Income:
 
 
 
 
 
 
 
 
 
 
 
Net actuarial loss (gain)(1)
100

 
11

 

 

 

 
(36
)
Amortization of prior service credit
1

 

 

 

 
10

 
11

Amortization of net actuarial loss
(19
)
 
(38
)
 
(14
)
 
(19
)
 

 
(1
)
Total Recognized in Other Comprehensive Income(2)
82

 
(27
)
 
(14
)
 
(19
)
 
10

 
(26
)
Total Recognized in Net Periodic Benefit Cost and Other Comprehensive Income
$
115

 
$
23

 
$
(1
)
 
$
8

 
$
11

 
$
(26
)


 
Six Months Ended June 30,
 
Pension Benefits
 
 
 
 
 
U.S. Plans
 
Non-U.S. Plans
 
Retiree Health
Components of Net Periodic Benefit Costs:
2014
 
2013
 
2014
 
2013
 
2014
 
2013
Service cost
$
5

 
$
5

 
$
17

 
$
45

 
$
4

 
$
5

Interest cost
78

 
72

 
136

 
129

 
18

 
17

Expected return on plan assets
(80
)
 
(89
)
 
(172
)
 
(157
)
 

 

Recognized net actuarial loss
8

 
14

 
28

 
38

 

 
1

Amortization of prior service credit
(1
)
 

 
(1
)
 

 
(21
)
 
(22
)
Recognized curtailment gain

 

 

 
(6
)
 

 

Recognized settlement loss
25

 
79

 

 

 

 

Defined Benefit Plans
35

 
81

 
8

 
49

 
1

 
1

Defined contribution plans
32

 
38

 
20

 
13

 

 

Net Periodic Benefit Cost
67

 
119

 
28

 
62

 
1

 
1

 
 
 
 
 
 
 
 
 
 
 
 
Other changes in plan assets and benefit obligations recognized in Other Comprehensive Income:
 
 
 
 
 
 
 
 
 
 
 
Net actuarial loss (gain)(1)
297

 
11

 

 

 

 
(36
)
Amortization of prior service credit
1

 

 
1

 

 
21

 
22

Amortization of net actuarial loss
(33
)
 
(93
)
 
(28
)
 
(38
)
 

 
(1
)
Total Recognized in Other Comprehensive Income(2)
265

 
(82
)
 
(27
)
 
(38
)
 
21

 
(15
)
Total Recognized in Net Periodic Benefit Cost and Other Comprehensive Income
$
332

 
$
37

 
$
1

 
$
24

 
$
22

 
$
(14
)

_____________________________
(1)
The net actuarial loss (gain) for U.S. Plans primarily reflect i) the remeasurement of our primary U.S. pension plans as a result of the payment of periodic settlements; and ii) adjustments for the actual valuation results based on January 1st plan census data.
(2)
Amounts represent the pre-tax effect included within Other comprehensive income. Refer to Note 16 - Other Comprehensive Income for related tax effects and the after-tax amounts.
Contributions

During the six months ended June 30, 2014, we made cash contributions of $105 ($21 U.S. and $84 Non-U.S.) to our defined benefit pension plans and $43 to our retiree health benefit plans. We presently anticipate additional cash contributions of $145 ($69 U.S. and $76 Non-U.S.) to our defined benefit pension plans and $28 to our retiree health benefit plans in 2014 for total full-year cash contributions of approximately $250 ($90 U.S. and $160 Non-U.S.) to our defined benefit pension plans and $71 to our retiree health benefit plans. In 2013, full-year cash contributions to our defined benefit pension plans were $230 ($27 U.S. and $203 Non-U.S.) and $77 to our retiree health benefit plans.