Retirement Benefits (Tables)

3 Months Ended

Mar. 31, 2014

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)	2014			2013			2014		2013
Service cost	$	61		$	64		$	1	$	2
Interest cost	161			145			3		3
Expected return on plan assets	(248		)	(228		)	—		—
Amortization of prior service credit	(3		)	(5		)	—		—
Recognized actuarial loss	51			78			—		—
Net periodic benefit cost	$	22		$	54		$	4	$	5
Curtailment (credit)	(65		)	—			—		—
Total cost (credit)	$	(43	)	$	54		$	4	$	5

U.S. Plans only	Pension						Postretirement
For the Three Months Ended March 31,	Benefits						Benefits
(In millions of dollars)	2014			2013			2014		2013
Service cost	$	22		$	27		$	—	$	1
Interest cost	63			57			2		2
Expected return on plan assets	(86		)	(81		)	—		—
Amortization of prior service credit	(2		)	(4		)	—		—
Recognized actuarial loss (gain)	26			51			—		—
Net periodic benefit cost (credit)	$	23		$	50		$	2	$	3

Significant non-U.S. Plans only	Pension						Postretirement
For the Three Months Ended March 31,	Benefits						Benefits
(In millions of dollars)	2014			2013			2014		2013
Service cost	$	39		$	37		$	1	$	1
Interest cost	98			88			1		1
Expected return on plan assets	(162		)	(147		)	—		—
Amortization of prior service cost	(1		)	(1		)	—		—
Recognized actuarial loss	25			27			—		—
Net periodic benefit cost	$	(1	)	$	4		$	2	$	2
Curtailment (credit)	(65		)	—			—		—
Total cost (credit)	$	(66	)	$	4		$	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,	2014		2013		2014		2013
Weighted average assumptions:
Expected return on plan assets	7.53	%	7.66	%	—	%	—	%
Discount rate	4.74	%	4.38	%	5.03	%	4.32	%
Rate of compensation increase	2.64	%	2.43	%	—	%	—	%