Pension And Other Postretirement Benefits

6 Months Ended

Jun. 30, 2013

Pension And Other Postretirement Benefits [Abstract]

Pension And Other Postretirement Benefits

5.Pension and Other Postretirement Benefits

					Three Months Ended		Six Months Ended
					June 30,		June 30,
					2013	2012	2013	2012
				(millions of dollars)
Pension Benefits - U.S.
	Components of net benefit cost
		Service cost			188	160	375	316
		Interest cost			187	205	374	410
		Expected return on plan assets			(208)	(204)	(417)	(394)
		Amortization of actuarial loss/(gain) and prior
			service cost		164	144	328	290
		Net pension enhancement and
			curtailment/settlement cost		197	123	364	246
		Net benefit cost			528	428	1,024	868
Pension Benefits - Non-U.S.
	Components of net benefit cost
		Service cost			173	166	351	334
		Interest cost			261	282	538	580
		Expected return on plan assets			(271)	(273)	(563)	(562)
		Amortization of actuarial loss/(gain) and prior
			service cost		235	237	485	491
		Net pension enhancement and
			curtailment/settlement cost (1)		1	1,423	1	1,429
		Net benefit cost			399	1,835	812	2,272
Other Postretirement Benefits
	Components of net benefit cost
		Service cost			43	36	79	69
		Interest cost			86	101	177	204
		Expected return on plan assets			(10)	(10)	(20)	(21)
		Amortization of actuarial loss/(gain) and prior
			service cost		62	55	125	108
		Net benefit cost			181	182	361	360

• Non-U.S. net pension enhancement and curtailment/settlement cost for the three months and six months ended June30, 2012, includes $1,420 million (on a consolidated-company, before-tax basis) of accumulated other comprehensive income for the postretirement benefit reserves adjustment that was recycled into earnings and included in the Japan restructuring gain reported in “Other income”.