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Retirement Benefits (Tables)
3 Months Ended
Mar. 31, 2013
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]  
Schedule Of Net Benefit Costs
The components of the net periodic benefit cost for defined benefit and other post-retirement plans are as follows:
 
Combined U.S. and significant non-U.S. Plans
Pension
 
Postretirement
For the Three Months Ended March 31,
Benefits
 
Benefits
(In millions of dollars)
2013

 
2012

 
2013

 
2012

Service cost
$
64

 
$
61

 
$
2

 
$
2

Interest cost
145

 
148

 
3

 
3

Expected return on plan assets
(228
)
 
(226
)
 

 

Amortization of prior service credit
(5
)
 
(5
)
 

 
(3
)
Recognized actuarial loss
78

 
66

 

 

Net periodic benefit cost
$
54

 
$
44

 
$
5

 
$
2

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
U.S. Plans only
Pension
 
Postretirement
For the Three Months Ended March 31,
Benefits
 
Benefits
(In millions of dollars)
2013

 
2012

 
2013

 
2012

Service cost
$
27

 
$
24

 
$
1

 
$
1

Interest cost
57

 
57

 
2

 
2

Expected return on plan assets
(81
)
 
(81
)
 

 

Amortization of prior service credit
(4
)
 
(4
)
 

 
(3
)
Recognized actuarial loss
51

 
37

 

 

Net periodic benefit cost
$
50

 
$
33

 
$
3

 
$

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Significant non-U.S. Plans only
Pension
 
Postretirement
For the Three Months Ended March 31,
Benefits
 
Benefits
(In millions of dollars)
2013

 
2012

 
2013

 
2012

Service cost
$
37

 
$
37

 
$
1

 
$
1

Interest cost
88

 
91

 
1

 
1

Expected return on plan assets
(147
)
 
(145
)
 

 

Amortization of prior service credit
(1
)
 
(1
)
 

 

Recognized actuarial loss
27

 
29

 

 

Net periodic benefit cost
$
4

 
$
11

 
$
2

 
$
2

Schedule of Assumptions Used
The weighted average actuarial assumptions utilized to calculate the net periodic benefit costs for the U.S. and significant non-U.S. defined benefit plans are as follows:
 
Combined U.S. and significant non-U.S. Plans
Pension
Benefits
 
Postretirement
Benefits
March 31
2013

 
2012

 
2013

 
2012

Weighted average assumptions:
 
 
 
 
 
 
 
Expected return on plan assets
7.66
%
 
8.04
%
 
%
 
%
Discount rate
4.38
%
 
4.91
%
 
4.32
%
 
5.05
%
Rate of compensation increase
2.43
%
 
3.09
%
 
%
 
%