XML 122 R97.htm IDEA: XBRL DOCUMENT v3.20.4
Retirement Benefits (Schedule of Benefit Obligations and Plan Assets and Funded Status) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Defined Benefit Pension Plans      
Change in benefit obligation:      
Benefit obligation at beginning of year $ 16,251.0 $ 13,427.1  
Service cost 325.5 250.4 $ 292.7
Interest cost 425.8 486.0 458.5
Actuarial loss 1,563.1 2,631.7  
Benefits paid (587.2) (584.2)  
Curtailment (gain) loss 2.2 (16.8)  
Foreign currency exchange rate changes and other adjustments 245.1 56.8  
Benefit obligation at end of year 18,225.5 16,251.0 13,427.1
Change in plan assets:      
Fair value of plan assets at beginning of year 12,858.0 10,932.6  
Actual return on plan assets 1,802.4 2,012.0  
Employer contribution 318.8 429.9  
Benefits paid (587.2) (584.2)  
Foreign currency exchange rate changes and other adjustments 187.0 67.7  
Fair value of plan assets at end of year 14,579.0 12,858.0 10,932.6
Funded status (3,646.5) (3,393.0)  
Unrecognized net actuarial (gain) loss 6,515.5 6,177.6  
Unrecognized prior service (benefit) cost 15.4 17.4  
Net amount recognized 2,884.4 2,802.0  
Retiree Health Benefit Plans      
Change in benefit obligation:      
Benefit obligation at beginning of year 1,601.4 1,540.0  
Service cost 40.8 36.3 41.5
Interest cost 43.7 58.0 57.3
Actuarial loss 142.1 54.3  
Benefits paid (75.1) (87.3)  
Curtailment (gain) loss 0.0 (0.5)  
Foreign currency exchange rate changes and other adjustments 0.8 0.6  
Benefit obligation at end of year 1,753.7 1,601.4 1,540.0
Change in plan assets:      
Fair value of plan assets at beginning of year 2,768.2 2,398.1  
Actual return on plan assets 539.0 444.1  
Employer contribution (5.1) 13.2  
Benefits paid (75.1) (87.3)  
Foreign currency exchange rate changes and other adjustments 0.0 0.1  
Fair value of plan assets at end of year 3,227.0 2,768.2 $ 2,398.1
Funded status 1,473.3 1,166.8  
Unrecognized net actuarial (gain) loss (349.1) (111.6)  
Unrecognized prior service (benefit) cost (177.6) (236.4)  
Net amount recognized $ 946.6 $ 818.8