Pension, Savings and Other Postretirement Benefit Plans

3 Months Ended

Mar. 31, 2012

Compensation and Retirement Disclosure [Abstract]

PENSION, SAVINGS AND OTHER POSTRETIREMENT BENEFIT PLANS

PENSION, SAVINGS AND OTHER POSTRETIREMENT BENEFIT PLANS

We provide employees with defined benefit pension or defined contribution savings plans.

Defined benefit pension cost follows:

	U.S.						Non-U.S.
	Three Months Ended						Three Months Ended
	March 31,						March 31,
(In millions)	2012			2011			2012			2011
Service cost — benefits earned during the period	$	10		$	11		$	8		$	8
Interest cost on projected benefit obligation	66			71			35			38
Expected return on plan assets	(75		)	(77		)	(30		)	(33		)
Amortization of: — prior service cost	6			6			—			—
— net losses	46			34			12			10
Net periodic pension cost	53			45			25			23
Curtailments/settlements/termination benefits	—			—			—			(1		)
Total defined benefit pension cost	$	53		$	45		$	25		$	22

We expect to contribute approximately $550 million to $600 million to our funded U.S. and non-U.S. pension plans in 2012. For the three months ended March 31, 2012, we contributed $51 million and $54 million to our U.S. and non-U.S. plans, respectively.

The expense recognized for our contributions to defined contribution savings plans for the three months ended March 31, 2012 and 2011 was $27 million and $26 million, respectively.

We provide certain U.S. employees and employees at certain non-U.S. subsidiaries with health care benefits or life insurance benefits upon retirement. Postretirement benefit cost for the three months ended March 31, 2012 and 2011 was $3 million in each period.