Retirement Benefits (Tables)

6 Months Ended

Jun. 30, 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 June 30,	Benefits						Benefits
(In millions of dollars)	2014			2013			2014			2013
Service cost	$	62		$	61		$	1		$	—
Interest cost	161			144			3			3
Expected return on plan assets	(250		)	(225		)	—			—
Amortization of prior service credit	(3		)	(6		)	—			—
Recognized actuarial loss	53			80			—			1
Net periodic benefit cost	$	23		$	54		$	4		$	4
Combined U.S. and significant non-U.S. Plans	Pension						Postretirement
For the Six Months Ended June 30,	Benefits						Benefits
(In millions of dollars)	2014			2013			2014			2013
Service cost	$	123		$	125		$	2		$	2
Interest cost	322			289			6			6
Expected return on plan assets	(498		)	(453		)	—			—
Amortization of prior service credit	(6		)	(11		)	—			—
Recognized actuarial loss	104			158			—			1
Net periodic benefit cost	$	45		$	108		$	8		$	9
Curtailment (credit)	(65		)	—			—			—
Total cost (credit)	$	(20	)	$	108		$	8		$	9
U.S. Plans only	Pension						Postretirement
For the Three Months Ended June 30,	Benefits						Benefits
(In millions of dollars)	2014			2013			2014			2013
Service cost	$	23		$	25		$	1		$	—
Interest cost	62			57			2			2
Expected return on plan assets	(87		)	(81		)	—			—
Amortization of prior service credit	(2		)	(4		)	—			—
Recognized actuarial loss	27			53			(1		)	—
Net periodic benefit cost	$	23		$	50		$	2		$	2

U.S. Plans only	Pension						Postretirement
For the Six Months Ended June 30,	Benefits						Benefits
(In millions of dollars)	2014			2013			2014			2013
Service cost	$	45		$	52		$	1		$	1
Interest cost	125			114			4			4
Expected return on plan assets	(173		)	(162		)	—			—
Amortization of prior service credit	(4		)	(8		)	—			—
Recognized actuarial loss (gain)	53			104			(1		)	—
Net periodic benefit cost	$	46		$	100		$	4		$	5

Significant non-U.S. Plans only	Pension						Postretirement
For the Three Months Ended June 30,	Benefits						Benefits
(In millions of dollars)	2014			2013			2014		2013
Service cost	$	39		$	36		$	—	$	—
Interest cost	99			87			1		1
Expected return on plan assets	(163		)	(144		)	—		—
Amortization of prior service credit	(1		)	(2		)	—		—
Recognized actuarial loss	26			27			1		1
Net periodic benefit cost	$	—		$	4		$	2	$	2

Significant non-U.S. Plans only	Pension						Postretirement
For the Six Months Ended June 30,	Benefits						Benefits
(In millions of dollars)	2014			2013			2014		2013
Service cost	$	78		$	73		$	1	$	1
Interest cost	197			175			2		2
Expected return on plan assets	(325		)	(291		)	—		—
Amortization of prior service cost	(2		)	(3		)	—		—
Recognized actuarial loss	51			54			1		1
Net periodic benefit cost	$	(1	)	$	8		$	4	$	4
Curtailment (credit)	(65		)	—			—		—
Total cost (credit)	$	(66	)	$	8		$	4	$	4

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
June 30,	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	%	—	%	—	%