Retirement Benefits (Tables)

9 Months Ended

Sep. 30, 2016

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						Post-retirement
For the Three Months Ended September 30,	Benefits						Benefits
(In millions)	2016			2015			2016			2015
Service cost	$	43		$	48		$	1		$	—
Interest cost	132			147			—			1
Expected return on plan assets	(232		)	(246		)	—			—
Amortization of prior service cost	1			—			1			—
Recognized actuarial loss	43			66			—			—
Net periodic benefit (credit) cost	$	(13	)	$	15		$	2		$	1
Curtailment loss	—			4			—			—
Settlement loss	—			2			—			—
Total (credit) cost	$	(13	)	$	21		$	2		$	1
Combined U.S. and significant non-U.S. Plans	Pension						Post-retirement
For the Nine Months Ended September 30,	Benefits						Benefits
(In millions)	2016			2015			2016			2015
Service cost	$	133		$	150		$	1		$	2
Interest cost	407			439			3			5
Expected return on plan assets	(715		)	(732		)	—			—
Amortization of prior service cost	—			—			3			1
Recognized actuarial loss (gain)	127			220			(1		)	(1		)
Net periodic benefit (credit) cost	$	(48	)	$	77		$	6		$	7
Curtailment (gain) loss	(5		)	4			—			—
Settlement loss	1			2			—			—
Plan termination	—			—			—			(128		)
Total (credit) cost	$	(52	)	$	83		$	6		$	(121	)
U.S. Plans only	Pension						Post-retirement
For the Three Months Ended September 30,	Benefits						Benefits
(In millions)	2016			2015			2016			2015
Service cost	$	26		$	29		$	—		$	—
Interest cost	66			63			—			—
Expected return on plan assets	(95		)	(93		)	—			—
Amortization of prior service cost	—			—			1			—
Recognized actuarial loss	19			35			—			—
Net periodic benefit cost	$	16		$	34		$	1		$	—

U.S. Plans only	Pension						Post-retirement
For the Nine Months Ended September 30,	Benefits						Benefits
(In millions)	2016			2015			2016			2015
Service cost	$	79		$	88		$	—		$	1
Interest cost	198			188			1			2
Expected return on plan assets	(285		)	(277		)	—			—
Amortization of prior service cost	—			—			3			1
Recognized actuarial loss (gain)	55			126			(1		)	(1		)
Net periodic benefit cost	$	47		$	125		$	3		$	3
Plan termination	—			—			—			(128		)
Total cost (credit)	$	47		$	125		$	3		$	(125	)

Significant non-U.S. Plans only	Pension						Post-retirement
For the Three Months Ended September 30,	Benefits						Benefits
(In millions)	2016			2015			2016		2015
Service cost	$	17		$	19		$	1	$	—
Interest cost	66			84			—		1
Expected return on plan assets	(137		)	(153		)	—		—
Amortization of prior service cost	1			—			—		—
Recognized actuarial loss	24			31			—		—
Net periodic benefit (credit) cost	$	(29	)	$	(19	)	$	1	$	1
Curtailment loss	—			4			—		—
Settlement loss	—			2			—		—
Total (credit) cost	$	(29	)	$	(13	)	$	1	$	1

Significant non-U.S. Plans only	Pension						Post-retirement
For the Nine Months Ended September 30,	Benefits						Benefits
(In millions)	2016			2015			2016		2015
Service cost	$	54		$	62		$	1	$	1
Interest cost	209			251			2		3
Expected return on plan assets	(430		)	(455		)	—		—
Recognized actuarial loss	72			94			—		—
Net periodic benefit (credit) cost	$	(95	)	$	(48	)	$	3	$	4
Curtailment (gain) loss	(5		)	4			—		—
Settlement loss	1			2			—		—
Total (credit) cost	$	(99	)	$	(42	)	$	3	$	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				Post-retirement Benefits
September 30,	2016		2015		2016		2015
Weighted average assumptions:
Expected return on plan assets	7.07	%	7.25	%	—		—
Discount rate	4.11	%	3.79	%	4.12	%	4.08	%
Rate of compensation increase	2.44	%	2.42	%	—		—