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Retirement Benefits (Tables)
6 Months Ended
Jun. 30, 2019
Retirement Benefits [Abstract]  
Defined Benefit Plans - Expense
The pre-tax net periodic benefit cost/(income) for our defined benefit pension and OPEB plans for the periods ended June 30 were as follows (in millions):
 
Second Quarter
 
Pension Benefits
 
 
 
 
 
U.S. Plans
 
Non-U.S. Plans
 
Worldwide OPEB
 
2018
 
2019
 
2018
 
2019
 
2018
 
2019
Service cost
$
136

 
$
114

 
$
151

 
$
127

 
$
13

 
$
11

Interest cost
366

 
409

 
173

 
173

 
49

 
52

Expected return on assets
(722
)
 
(649
)
 
(329
)
 
(281
)
 

 

Amortization of prior service costs/(credits)
35

 
21

 
7

 
9

 
(28
)
 
(17
)
Net remeasurement (gain)/loss

 
(10
)
 

 

 

 

Separation programs/other
3

 

 
16

 
232

 
1

 

Settlements and curtailments

 
(50
)
 

 

 

 

Net periodic benefit cost/(income)
$
(182
)
 
$
(165
)
 
$
18

 
$
260

 
$
35

 
$
46

 
 
 
 
 
 
 
 
 
 
 
 
 
First Half
 
Pension Benefits
 
 
 
 
 
U.S. Plans
 
Non-U.S. Plans
 
Worldwide OPEB
 
2018
 
2019
 
2018
 
2019
 
2018
 
2019
Service cost
$
272

 
$
228

 
$
303

 
$
256

 
$
27

 
$
22

Interest cost
733

 
818

 
349

 
349

 
98

 
105

Expected return on assets
(1,444
)
 
(1,298
)
 
(663
)
 
(567
)
 

 

Amortization of prior service costs/(credits)
71

 
43

 
13

 
17

 
(55
)
 
(35
)
Net remeasurement (gain)/loss
(26
)
 
(10
)
 

 

 

 

Separation programs/other
14

 
1

 
18

 
244

 
1

 

Settlements and curtailments
(15
)
 
(50
)
 

 

 

 

Net periodic benefit cost/(income)
$
(395
)
 
$
(268
)
 
$
20

 
$
299

 
$
71

 
$
92