Retirement Benefits (Tables)

9 Months Ended

Sep. 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 September 30,	Benefits						Benefits
(In millions of dollars)	2014			2013			2014			2013
Service cost	$	49		$	63		$	2		$	2
Interest cost	163			144			3			2
Expected return on plan assets	(251		)	(227		)	—			—
Amortization of prior service credit	(2		)	(5		)	—			—
Recognized actuarial loss	55			79			(1		)	—
Net periodic benefit cost	$	14		$	54		$	4		$	4
Combined U.S. and significant non-U.S. Plans	Pension						Postretirement
For the Nine Months Ended September 30,	Benefits						Benefits
(In millions of dollars)	2014			2013			2014			2013
Service cost	$	172		$	188		$	4		$	4
Interest cost	485			433			9			8
Expected return on plan assets	(749		)	(680		)	—			—
Amortization of prior service credit	(8		)	(16		)	—			—
Recognized actuarial loss	159			237			(1		)	1
Net periodic benefit cost	$	59		$	162		$	12		$	13
Curtailment (credit)	(65		)	—			—			—
Total cost (credit)	$	(6	)	$	162		$	12		$	13
U.S. Plans only	Pension						Postretirement
For the Three Months Ended September 30,	Benefits						Benefits
(In millions of dollars)	2014			2013			2014			2013
Service cost	$	23		$	26		$	1		$	1
Interest cost	65			57			2			1
Expected return on plan assets	(87		)	(81		)	—			—
Amortization of prior service credit	(1		)	(4		)	—			—
Recognized actuarial loss	31			52			(1		)	—
Net periodic benefit cost	$	31		$	50		$	2		$	2

U.S. Plans only	Pension						Postretirement
For the Nine Months Ended September 30,	Benefits						Benefits
(In millions of dollars)	2014			2013			2014			2013
Service cost	$	68		$	78		$	2		$	2
Interest cost	190			171			6			5
Expected return on plan assets	(260		)	(243		)	—			—
Amortization of prior service credit	(5		)	(12		)	—			—
Recognized actuarial loss (gain)	84			156			(2		)	—
Net periodic benefit cost	$	77		$	150		$	6		$	7

Significant non-U.S. Plans only	Pension						Postretirement
For the Three Months Ended September 30,	Benefits						Benefits
(In millions of dollars)	2014			2013			2014		2013
Service cost	$	26		$	37		$	1	$	1
Interest cost	98			87			1		1
Expected return on plan assets	(164		)	(146		)	—		—
Amortization of prior service credit	(1		)	(1		)	—		—
Recognized actuarial loss	24			27			—		—
Net periodic benefit cost	$	(17	)	$	4		$	2	$	2

Significant non-U.S. Plans only	Pension						Postretirement
For the Nine Months Ended September 30,	Benefits						Benefits
(In millions of dollars)	2014			2013			2014		2013
Service cost	$	104		$	110		$	2	$	2
Interest cost	295			262			3		3
Expected return on plan assets	(489		)	(437		)	—		—
Amortization of prior service cost	(3		)	(4		)	—		—
Recognized actuarial loss	75			81			1		1
Net periodic benefit cost	$	(18	)	$	12		$	6	$	6
Curtailment (credit)	(65		)	—			—		—
Total cost (credit)	$	(83	)	$	12		$	6	$	6

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
September 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	%	—	%	—	%