EMPLOYEE BENEFITS (Tables)

9 Months Ended

Sep. 30, 2017

Defined Benefit Plan Disclosure [Line Items]

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, 2017
Components of net periodic benefit cost:
Service cost	$	(5)	$	7	$	2	$	-	$	1	$	1
Interest cost		41		4		45		2		1		3
Expected return on assets		(66)		(6)		(72)		-		-		-
Amortization of prior service credit		-		-		-		-		-		-
Amortization of net (gain) loss		6		3		9		-		-		-
Curtailment gain		-		(5)		(5)		-		-		-
Settlement (Credit)/Charges		50		-		50		-		-		-
Net periodic benefit cost (credit)	$	26	$	3	$	29	$	2	$	2	$	4
Three Months Ended September 30, 2016
Components of net periodic benefit cost:
Service cost	$	6	$	8	$	14	$	1	$	-	$	1
Interest cost		45		5		50		2		-		2
Expected return on assets		(72)		(7)		(79)		-		-		-
Amortization of prior service credit		-		-		-		(2)		-		(2)
Amortization of net loss		7		2		9		(1)		1		-
Curtailment gain		-		(2)		(2)		-		-		-
Settlement (Credit)/Charges		-		-		-		-		-		-
Net periodic benefit cost (credit)	$	(14)	$	6	$	(8)	$	-	$	1	$	1
Nine Months Ended September 30, 2017
Components of net periodic benefit cost:
Service cost	$	8	$	23	$	31	$	1	$	2	$	3
Interest cost		126		12		138		5		3		8
Expected return on assets		(194)		(18)		(212)		-		-		-
Amortization of prior service credit		-		-		-		(1)		-		(1)
Amortization of net (gain) loss		20		9		29		-		-		-
Curtailment gain		-		(5)		(5)		-		-		-
Settlement (Credit)/Charges		50		-		50		-		-		-
Net periodic benefit cost (credit)	$	10	$	21	$	31	$	5	$	5	$	10
Nine Months Ended September 30, 2016
Components of net periodic benefit cost:
Service cost	$	15	$	23	$	38	$	2	$	2	$	4
Interest cost		136		15		151		5		2		7
Expected return on assets		(219)		(20)		(239)		-		-		-
Amortization of prior service credit		-		-		-		(7)		-		(7)
Amortization of net loss		19		6		25		(1)		1		-
Curtailment gain		-		(5)		(5)		-		-		-
Settlement (Credit)/Charges		-		-		-		-		-		-
Net periodic benefit cost (credit)	$	(49)	$	19	$	(30)	$	(1)	$	5	$	4