EMPLOYEE BENEFITS (Tables)

6 Months Ended

Jun. 30, 2012

EMPLOYEE BENEFITS

Components of net periodic benefit cost

	Pension									Postretirement
(in millions)	Non-U.S. Plans			U.S. Plans			Total			Non-U.S. Plans		U.S. Plans			Total
Three Months Ended June 30, 2012
Components of net periodic benefit cost:
Service cost	$	13		$	39		$	52		$	-	$	2		$	2
Interest cost		9			50			59			1		2			3
Expected return on assets		(5	)		(60	)		(65	)		-		-			-
Amortization of prior service (credit) cost		(1	)		(9	)		(10	)		-		(2	)		(2	)
Amortization of net (gain) loss		3			29			32			-		-			-
Net periodic benefit cost	$	19		$	49		$	68		$	1	$	2		$	3
Three Months Ended June 30, 2011
Components of net periodic benefit cost:
Service cost	$	16		$	37		$	53		$	1	$	2		$	3
Interest cost		8			52			60			-		3			3
Expected return on assets		(6	)		(63	)		(69	)		-		-			-
Amortization of prior service (credit) cost		-			1			1			-		1			1
Amortization of net (gain) loss		3			10			13			-		-			-
Net periodic benefit cost	$	21		$	37		$	58		$	1	$	6		$	7
Amount associated with discontinued operations	$	1		$	-		$	1		$	-	$	-		$	-
Six Months Ended June 30, 2012
Components of net periodic benefit cost:
Service cost	$	26		$	76		$	102		$	1	$	3		$	4
Interest cost		17			100			117			1		5			6
Expected return on assets		(10	)		(120	)		(130	)		-		-			-
Amortization of prior service (credit) cost		(2	)		(17	)		(19	)		-		(5	)		(5	)
Amortization of net (gain) loss		7			58			65			-		-			-
Net periodic benefit cost	$	38		$	97		$	135		$	2	$	3		$	5
Six Months Ended June 30, 2011
Components of net periodic benefit cost:
Service cost	$	38		$	74		$	112		$	2	$	4		$	6
Interest cost		19			104			123			1		7			8
Expected return on assets		(13	)		(126	)		(139	)		-		-			-
Amortization of prior service (credit) cost		(2	)		1			(1	)		-		1			1
Amortization of net (gain) loss		9			21			30			-		-			-
Net periodic benefit cost	$	51		$	74		$	125		$	3	$	12		$	15
Amount associated with discontinued operations	$	11		$	-		$	11		$	1	$	-		$	1