EMPLOYEE BENEFITS (Tables)

6 Months Ended

Jun. 30, 2013

EMPLOYEE BENEFITS

Components of net periodic benefit cost

	Pension									Postretirement
				Non-U.S. Plans									Non-U.S. Plans
(in millions)	U.S. Plans						Total			U.S. Plans					Total
Three Months Ended June 30, 2013
Components of net periodic benefit cost:
Service cost	$	44		$	12		$	56		$	2		$	1	$	3
Interest cost		49			7			56			2			1		3
Expected return on assets		(64	)		(5	)		(69	)		–			–		–
Amortization of prior service (credit) cost		(9	)		–			(9	)		(2	)		–		(2	)
Amortization of net (gain) loss		33			3			36			–			–		–
Net periodic benefit cost	$	53		$	17		$	70		$	2		$	2	$	4
Three Months Ended June 30, 2012
Components of net periodic benefit cost:
Service cost	$	39		$	13		$	52		$	2		$	–	$	2
Interest cost		50			9			59			2			1		3
Expected return on assets		(60	)		(5	)		(65	)		–			–		–
Amortization of prior service (credit) cost		(9	)		(1	)		(10	)		(2	)		–		(2	)
Amortization of net (gain) loss		29			3			32			–			–		–
Net periodic benefit cost	$	49		$	19		$	68		$	2		$	1	$	3
Six Months Ended June 30, 2013
Components of net periodic benefit cost:
Service cost	$	88		$	24		$	112		$	3		$	2	$	5
Interest cost		98			15			113			4			1		5
Expected return on assets		(129	)		(10	)		(139	)		–			–		–
Amortization of prior service (credit) cost		(17	)		(1	)		(18	)		(5	)		–		(5	)
Amortization of net (gain) loss		66			6			72			1			–		1
Net periodic benefit cost	$	106		$	34		$	140		$	3		$	3	$	6
Six Months Ended June 30, 2012
Components of net periodic benefit cost:
Service cost	$	76		$	26		$	102		$	3		$	1	$	4
Interest cost		100			17			117			5			1		6
Expected return on assets		(120	)		(10	)		(130	)		–			–		–
Amortization of prior service (credit) cost		(17	)		(2	)		(19	)		(5	)		–		(5	)
Amortization of net (gain) loss		58			7			65			–			–		–
Net periodic benefit cost	$	97		$	38		$	135		$	3		$	2	$	5