EMPLOYEE BENEFITS (Tables)

9 Months Ended

Sep. 30, 2015

EMPLOYEE BENEFITS

Components of net periodic benefit cost

	Pension						Postretirement
		U.S.		Non-U.S.				U.S.		Non-U.S.
(in millions)		Plans		Plans		Total		Plans		Plans		Total
Three Months Ended September 30, 2015
Components of net periodic benefit cost:
Service cost	$	41	$	10	$	51	$	1	$	-	$	1
Interest cost		54		6		60		2		1		3
Expected return on assets		(74)		(5)		(79)		-		-		-
Amortization of prior service credit		(6)		(1)		(7)		(3)		-		(3)
Amortization of net loss		21		2		23		-		-		-
Curtailment gain		(179)		-		(179)		-		-		-
Net periodic benefit (income) cost	$	(143)	$	12	$	(131)	$	-	$	1	$	1
Three Months Ended September 30, 2014
Components of net periodic benefit cost:
Service cost	$	42	$	11	$	53	$	1	$	-	$	1
Interest cost		57		7		64		2		1		3
Expected return on assets		(73)		(6)		(79)		-		-		-
Amortization of prior service credit		(8)		(1)		(9)		(3)		-		(3)
Amortization of net loss		9		2		11		-		-		-
Net periodic benefit cost	$	27	$	13	$	40	$	-	$	1	$	1
Nine Months Ended September 30, 2015
Components of net periodic benefit cost:
Service cost	$	144	$	31	$	175	$	4	$	2	$	6
Interest cost		164		18		182		6		2		8
Expected return on assets		(218)		(17)		(235)		-		-		-
Amortization of prior service credit		(22)		(2)		(24)		(8)		-		(8)
Amortization of net loss		86		7		93		-		-		-
Curtailment gain		(179)		(1)		(180)		-		-		-
Net periodic benefit (income) cost	$	(25)	$	36	$	11	$	2	$	4	$	6
Nine Months Ended September 30, 2014
Components of net periodic benefit cost:
Service cost	$	130	$	32	$	162	$	3	$	1	$	4
Interest cost		171		22		193		7		2		9
Expected return on assets		(215)		(17)		(232)		-		-		-
Amortization of prior service credit		(25)		(2)		(27)		(8)		-		(8)
Amortization of net loss		31		6		37		-		-		-
Net periodic benefit cost	$	92	$	41	$	133	$	2	$	3	$	5